Science and Technology
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In recent years, the growth of offshoring in startups has posed a key challenge for the venture capital industry, which has been regionally anchored until recently.

The challenge is how to add value through the traditional venture capital (VC) approach of active board involvement, such as assisting with company strategy, recruitment and fundraising. The complexity for venture capitalists (VCs) has increased with the shift from offshore manufacturing to services, the advent of new locations such as India, changing regulatory structures, and new financing options such as outsourced versus in-house work and product versus service startups.

  1. Local to Global: How is VC changing?
  2. What is staying local and what is going global: past and current trends? How do prior experiences, social networks shape the globalization of VC?
  3. Financing startups in services: How are they different from financing startups in manufacturing? What models will be favorable for the VCs? Is the focus going to be product or services companies?
  4. How do regulatory structures for venture capital matter? Can they mimic their Silicon Valley structure with l.p.s and close board control? If not, what are the compromises?
  5. Talent issues: Can one find the right VC talent overseas?
  6. What are VCs funding in India?
  7. What are the opportunities for new entrepreneurs and what are VCs looking for in new investments?

Philippines Conference Room

John Borchers General Partner Crescendo Ventures
Farrokh Billimora General Partner Artiman Ventures
Bob Kondamoori CEO Xalted Networks

No longer in residence.

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R_Dossani_headshot.jpg PhD

Rafiq Dossani was a senior research scholar at Stanford University's Shorenstein Asia-Pacific Research Center (Shorenstein APARC) and erstwhile director of the Stanford Center for South Asia. His research interests include South Asian security, government, higher education, technology, and business.  

Dossani’s most recent book is Knowledge Perspectives of New Product Development, co-edited with D. Assimakopoulos and E. Carayannis, published in 2011 by Springer. His earlier books include Does South Asia Exist?, published in 2010 by Shorenstein APARC; India Arriving, published in 2007 by AMACOM Books/American Management Association (reprinted in India in 2008 by McGraw-Hill, and in China in 2009 by Oriental Publishing House); Prospects for Peace in South Asia, co-edited with Henry Rowen, published in 2005 by Stanford University Press; and Telecommunications Reform in India, published in 2002 by Greenwood Press. One book is under preparation: Higher Education in the BRIC Countries, co-authored with Martin Carnoy and others, to be published in 2012.

Dossani currently chairs FOCUS USA, a non-profit organization that supports emergency relief in the developing world. Between 2004 and 2010, he was a trustee of Hidden Villa, a non-profit educational organization in the Bay Area. He also serves on the board of the Industry Studies Association, and is chair of the Industry Studies Association Annual Conference for 2010–12.

Earlier, Dossani worked for the Robert Fleming Investment Banking group, first as CEO of its India operations and later as head of its San Francisco operations. He also previously served as the chairman and CEO of a stockbroking firm on the OTCEI stock exchange in India, as the deputy editor of Business India Weekly, and as a professor of finance at Pennsylvania State University.

Dossani holds a BA in economics from St. Stephen's College, New Delhi, India; an MBA from the Indian Institute of Management, Calcutta, India; and a PhD in finance from Northwestern University.

Senior Research Scholar
Executive Director, South Asia Initiative
Rafiq Dossani Asia-Pacific Research Center Moderator
Seminars
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Professor James Fearon will present this paper as part of an ongoing research project into the relationship between civil wars and economic development.

Encina Ground Floor Conference Room

CISAC
Stanford University
Encina Hall
Stanford, CA 94305-6165

(650) 725-1314
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Senior Fellow at the Freeman Spogli Institute for International Studies
Theodore and Frances Geballe Professor in the School of Humanities and Sciences
Professor of Political Science
rsd26_013_0052a.jpg PhD

James Fearon is a senior fellow at the Freeman Spogli Institute for International Studies, where he is also the social science co-director at its Center for International Security and Cooperation. He is the Theodore and Frances Geballe Professor in the School of Humanities and Sciences and a professor of political science, as well as an affiliate at the institute's Center on Democracy, Development, and the Rule of Law. His research interests include civil and interstate war, ethnic conflict, the international spread of democracy and the evaluation of foreign aid projects promoting improved governance. Fearon was elected to the National Academy of Sciences in 2012 and the American Academy of Arts and Sciences in 2002. Some of his current research projects include work on the costs of collective and interpersonal violence, democratization and conflict in Myanmar, nuclear weapons and U.S. foreign policy, and the long-run persistence of armed conflict.

Co-director, Center for International Security and Cooperation
Affiliated faculty at the Center on Democracy, Development, and the Rule of Law
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James D. Fearon Civil War and Development Stanford University, Department of Political Science
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Whole World on Fire, by CISAC associate director for research Lynn Eden, received the 2004 Robert K. Merton Professional Award from the Science, Knowledge and Technology section of the American Sociological Association. The award was presented to Eden on Aug. 15 during the association's annual meeting in San Francisco.

The award committee cited the book's merits:

"Whole World on Fire is an ambitious undertaking that examines a critical problem using theory and methods from two fields of sociology: the sociology of science and technology and the sociology of organizations. It is a study of how organizational processes led nuclear scientists to drastically underestimate the damage of a nuclear attack. At a deeper level, it is a study in the social construction of organizational knowledge.

"The question Eden addresses is: How and why, for more than half a century, did the U.S. government fail to predict nuclear fire damage as it drew up plans to fight strategic nuclear war? Eden's research shows that U.S. efforts focused on the damage that would result from the explosion while systematically ignoring the far more damaging effects of subsequent fires. How and why could this 'ignorance' continue until today? . . .

"This book takes a position on an ongoing scientific controversy about the predictability of fire damage and on scientists' current assessments of risk. There is a debate in science and technology studies about whether we should take positions on scientific controversies--that is, on the science itself. Some scholars prefer to leave arguments about the 'science' to the scientists and instead follow the activities and political logics of the various debating parties. In this case, Eden chooses to take a stand on the truth claims of the science in question. As such, Whole World on Fire is a work of intellectual daring.

"To our knowledge, there have been few sociological studies that have penetrated the inner workings of the military establishment. Few sociologists have studied the highest reaches of the social structure, as does Eden in this study. In fact, those of us who study science and medicine usually do our research in university-based laboratories or teaching hospitals--that is, we study people who are in some senses like ourselves.

"While the book addresses a critical issue--that is, nuclear-weapons policy, it is an exemplar of how sociological concepts can illuminate important public issues. Eden's analysis can be readily applied to explaining how decision makers construct relevant and legitimate science to illuminate disasters such as the collapse of the Twin Towers. But what convinced one committee member of the book's power was a recent New York Times article describing the findings of the committee investigating the Iraq War. The Committee reported that the CIA had systematically denied the credibility of numerous reports that Iraq's weapons of mass destruction did not exist, in part because those reports were outside its organizational frame.

"Finally, we all believe that this book will have a major public impact. In addition to its accessible style and meticulous research, the book is often riveting and sometimes chilling. We had thought that by now everyone believed that survivable nuclear war is an oxymoron; that people had filled in their bomb shelters long before the close of the Cold War. That a significant portion of the military establishment still believes that a limited, winnable and survivable nuclear war is possible gave us nightmares. That Eden's book may give people nightmares is only appropriate, given the frightening scenario she presents."

Serving on the award committee were Renee Anspach, Department of Sociology, University of Michigan; Sydney Halpern, Department of Sociology, University of Illinois at Chicago; Kathryn Henderson, Department of Sociology, Texas A&M University; and Joan Fujimura (Chair), Department of Sociology and Robert F. and Jean E. Holtz Center for Science and Technology Studies, University of Wisconsin-Madison.

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San Francisco -- Offshoring is just one of many global forces impacting job creation and destruction in the Bay Area and cannot be viewed in isolation from the key trends enabling it, such as globalization, technology-driven improvements in productivity and business disintermediation. Efforts to prevent offshoring will not be successful and are likely to come at considerable economic cost, according to a new study released today.

Sponsored by Joint Venture: Silicon Valley Network, the Bay Area Economic Forum and the Stanford Project on Regions of Innovation and Entrepreneurship (SPRIE), with research and project support from global management consulting firm A.T. Kearney, the study analyzed global trends, regional capabilities and the Bay Area job market.

Findings from the study, the first regionally focused on the Bay Area, were based on 120 interviews, analysis of 9,000 job listings and other primary and secondary research.

The Bay Area already has more experience with globalization and offshoring than other parts of the U.S., the study reports. Bay Area manufacturers earn almost 60 percent of their revenues in overseas markets. Analysis done as part of the study revealed 94 percent of companies in the semiconductor and semiconductor equipment manufacturing and software clusters - two driving sectors in the Bay Area in terms of employment and payroll contribution - are already using offshore resources.

This does not mean all jobs are going offshore. The study also found one-in-four job postings for large companies in those sectors during April 2004 was for positions in the Bay Area.

"The research makes clear that global trends will force continued creation and destruction of jobs in the Bay Area. These trends can't be reversed. Policies and investment should be directed toward helping the region strengthen its core capabilities to compete effectively on a national and global basis" said Sean Randolph, President & CEO of the Bay Area Economic Forum.

The study calls for policymakers to maintain strong support for basic research, invest in education to ensure a competitive local workforce and to address vulnerabilities in the regional business environment including housing, transportation and business regulations that hinder local job creation. Business leaders need to support transition programs and consider investment in local employee development to meet their future job needs.

The study found the Bay Area is losing ground to other regions in the U.S. and overseas in three competitive capabilities: mass production, back-office (transactional) operations and product and process enhancement. The competitive erosion in the latter is new. It appears that the Bay Area is rapidly losing out to other regions in occupations associated with engineering focused on cost reduction, fine-tuning processes and expanding product features. These engineering jobs, along with manufacturing and administration-related occupations, are expected to decline as the skills required for those functions are sourced more cost effectively in other regions of the United States and abroad.

The study also identified five competitive capabilities that investors and business leaders believe are key strengths of the Bay Area. In addition to three capabilities traditionally linked to the region (entrepreneurship/new business creation, research in advanced technologies and bringing new concepts to market), the analysis pointed to two other competitive capabilities not always in the spotlight:

  • Cross-disciplinary research - coordinating and integrating advanced learning across industries and scientific disciplines.
  • Global integrated management - managing and coordinating globally distributed business functions and networks.

Jobs aligned with these five regional strengths, such as high-level research, strategic marketing and global business and headquarter management activities, are expected to experience solid growth.

"The findings confirm that the region should continue to attract talent and foster innovation, start-up activity and job creation, as technology companies are launched and commercialized," said Russell Hancock, President and CEO of Joint Venture: Silicon Valley Network.

The Bay Area's strengths make the region a leader in job creation in early stages of the business lifecycle, but its weaknesses lead to job growth outside the region in the later stages. As a result, the study says, the Bay Area will continue to incubate and develop new businesses, a process that has historically been the core growth engine for the local job market.

"Companies founded in the Bay Area will typically maintain the majority of their workforce in the region until their first products or services gain market traction and key business processes stabilize," said John Ciacchella, Vice President with A.T. Kearney. "However, as these companies expand and mature, many of the new jobs that stay local will focus on management of expanding business operations that are outsourced, offshored and distributed to other regions."

The Bay Area also is well positioned in the industries likely to spawn new technology

start-ups, according to the study's job market analysis and interviews. Beyond its leading role in information technology, the Bay Area has the highest concentration of biotechnology firms in the country and more nanotechnology firms than all countries except Germany.

"How jobs in a region are affected by global trends depends on the competitiveness of the region's capabilities," said Marguerite Gong Hancock, Associate Director of SPRIE. "Despite a rise in the capabilities of other entrepreneurial regions globally, the Bay Area continues to lead in many of the capabilities considered most necessary for innovation and new business creation"

The study findings will be presented at a public event on Thursday, July 15, at Stanford University, where a panel of business and community leaders will discuss the report's findings and implications and take questions from the audience. The panel will be moderated by Paul Laudicina, managing director of A.T. Kearney's Global Business Policy Council, and includes:

  • Edward Barnholt (Chairman, President & CEO, Agilent Technologies)
  • William T. Coleman (Founder, Chairman & CEO, Cassatt Corporation, and Vice Chairman, Silicon Valley Manufacturing Group)
  • Anula K. Jayasuriya (Venture Partner, ATP Capital LP)
  • William F. Miller (Professor Emeritus, Stanford Graduate School of Business)
  • The Honorable Joe Nation, California State Assembly

BAY AREA ECONOMIC FORUM
Bay Area Economic Forum (www.bayeconfor.org) is a public-private partnership of senior business, government, university, labor and community leaders, develops and implements projects that: support the vitality and competitiveness of the regional economy, and enhance the quality of life of the regions residents. Sponsored by the Bay Area Council a business organization of more than 250 CEOs and major employers, and the Association of Bay Area Governments, representing the region's 101 cities and nine counties, the Bay Area Economic Forum provides a shared platform for leaders to act on key issues affecting the regional economy.

JOINT VENTURE: SILICON VALLEY NETWORK
Joint Venture: Silicon Valley Network (www.jointventure.org) is a nonprofit organization that provides analysis and action on issues affecting the economy and quality of life in Silicon Valley. The organization brings together new and established leaders from business, labor, government, education, non-profits, and the broader community to build a sustainable region that is poised for competition in the global economy.

STANFORD PROJECT ON REGIONS OF INNOVATION AND ENTREPRENEURSHIP
The Stanford Project on Regions of Innovation and Entrepreneurship (http://sprie.stanford.edu), or SPRIE, is dedicated to the understanding and practice of the nexus of innovation and entrepreneurship in the leading regions around the world. Current research focuses on Silicon Valley and high technology regions in 6 countries in Asia: People's Republic of China, Taiwan, Japan, Korea, Singapore and India. SPRIE fulfills its mission through interdisciplinary and international collaborative research, seminars and conferences, publications and briefings for industry and government leaders.

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Wednesday, January 14

Welcoming Remarks

2:00 Michael Armacost, Shorenstein APARC

Security Dimension of the Alliances

2:10-4:00

Chair: Daniel Okimoto, Senior Fellow, SIIS and Shorenstein APARC

The Changes in the US's Strategic Doctrine

Kurt Campbell, Senior Vice President & Director, International Security Program, Center for Security and International Studies

What key elements of change in American strategic doctrine have been introduced by the Bush Administration? What implications do they have for US alliances in Northeast Asia?

The China Dimension

Michael Lampton, Director, China Studies Program, Johns Hopkins University

What implications would improved Sino-US relations have on America's alliances in Asia?

Jing Huang, Associate Professor of Political Science, Utah State University

How have Chinese attitudes and policies toward America's Northeast Asian alliances changed over the past five years or so? What accounts for those changes? What implications have they for the future of these alliances?

Discussant: William Perry, Michael and Barbara Berberian Professor, School of Engineering, Stanford University and the 19th Secretary of Defense for the United States

4:30-6:00 The Future of America's Alliances in Northeast Asia

Admiral Thomas Fargo, Commander, US Pacific Command

Keynote and Public Address

Introduction to be made by William Perry

Bechtel Conference Center, Encina Hall, first floor

Thursday, January 15

Changing View of the Regional Security Environment and the Alliances

8:00-10:15

Chair: Michael Armacost, Shorenstein APARC

The Japanese Government's Views on the Alliance

Kuriyama Takakazu, Ambassador, retired

How have the views of the Japanese government changed in recent years with respect to the regional security environment and the mission and strategic focus of the US-Japan alliance? How have they changed with respect to the security responsibilities? Should Japan be prepared to shoulder on these responsibilities on its own outside the contours of the alliance?

The View of the Republic of Korea's Government of the Alliance

Kim Won-soo, Visiting Scholar, Shorenstein APARC & former Secretary to the President of Foreign Affairs and Trade, Office of the President, Republic of Korea

How have South Korean government perception and policies changed in recent years vis-à-vis the regional security environment and the mission and strategic focus of the US-ROK alliance? How have they changed with respect to the security responsibilities that South Korea is expected to shoulder on its own, outside the contours of the alliance?

The US Government's Views on the US-Japan Alliance

Rust Deming, Distinguished Visiting Fellow, National Defense University & Ambassador, retired

How have American government perceptions and policies changed in recent years vis-à-vis the mission and strategic focus of the US-Japan alliance?

The US Government's View on the U.S.-Republic of Korea Alliance

Victor Cha, D.S. Song Associate Professor of Government and Asian Studies, Georgetown University

How have American government perceptions and policies changed in recent years vis-à-vis the mission and strategic focus of the US-Japan alliance?

Discussant: Christopher LaFleur, Cyrus Vance Fellow in Diplomatic Studies, Council on Foreign Relations

The Changing Domestic Politics of the Alliance

10:30-12:15

Chair: Gi-Wook Shin, Director, Korean Studies Program, Shorenstein APARC

Japanese Domestic Views of the Alliance

Nakanishi Hiroshi, Professor, Graduate School of Law, Kyoto University

Since the mid-1990s, what noteworthy changes have surfaced in domestic support or opposition to the US-Japan alliance? What changes in support or opposition to the bilateral cooperation on security issues in Asia and elsewhere?

The Changes in South Korean Domestic Views of the Alliance

Lee Chung-min, Professor, Graduate School of International Studies, Yonsei University

How have domestic political dynamics and public attitudes toward the US-ROK alliance and bilateral cooperation on security issues changed in recent years? What accounts for those changes? What implications do they have for US alliances in Northeast Asia?

American Domestic Views of the US-Republic of Korea Alliance

Donald Gregg, President, The Korea Society

How have American public attitudes (as reflected in public opinion polls, press reporting, and Congressional actions) evolved toward the US-ROK alliance and bilateral defense cooperation in recent years? What accounts for these changes? What are their implications for the future of the alliance?

Discussant: Daniel Okimoto, Senior Fellow, SIIS and Shorenstein APARC

Adjustments in the Operational Arrangement for Defense Cooperation

1:30-3:45

Chair & Discussant: Henry Rowen, Senior Fellow Emeritus, SIIS and Shorenstein APARC

Japanese Adjustments in US-Japan Defense Cooperation

Yamaguchi Noboru, Major General, Japan Ground Self Defense Force

What adjustments have occurred in recent years in the operational arrangements underpinning US-Japan defense cooperation? What further changes would the Japanese Government like to promote?

US-Japan Defense Cooperation

Ralph Cossa, President, Pacific Forum, Center for Strategic and International Studies

What adjustments have occurred in recent years in the operational arrangements underpinning US-Japan defense cooperation? What additional changes is the Bush Administration likely to promote?

US-Republic of Korea Defense Cooperation

William Drennan, Deputy Director, United States Institute of Peace

What adjustments have occurred in recent years in the operational arrangements underpinning US-Japan defense cooperation? What additional changes is the Bush Administration likely to promote?

US-Republic of Korea Defense Cooperation

Kim Jae chang, General, Joint Korea-US Command, (retired) and Co-Chairman, Council on ROK-US Security Studies

What adjustments have occurred in recent years in the operational arrangements underpinning US-ROK defense cooperation? What further changes would the Republic of Korea like to promote?

Where Do We Go From Here? Conclusions

4:00-5:00

Michael Armacost, Shorenstein Distinguished Fellow & Ambassador, retired

Daniel Okimoto, Senior Fellow, SIIS and Shorenstein APARC

Henry Rowen, Senior Fellow Emeritus, SIIS and Shorenstein APARC

Robert Scalapino, Robson Research Professor of Government, Emeritus, University of California, Berkeley

Oksenberg Conference Room

Conferences

This project seeks to provide a comprehensive review of the study of Southeast Asian politics. It intends to develop state of the art essays on most of the issues of established relevance in comparative politics, governance, development, and social structure. It aims to do so through a sharply focused conversation revolving around theory-building, research methodology, and comparative analysis. The end-result of this project will be an edited book at a university press. In the interim, a workshop will be held on June 18, 19, 2004 under the auspices of the Southeast Asia Forum at the Asia-Pacific Research Center at Stanford University.

Oksenberg Conference Room

Workshops
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