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A $2 million gift honoring Professor William J. Perry, from telecommunications entrepreneur Jeong H. Kim, will create a new professorship on contemporary Korea to be established jointly by the Stanford Institute for International Studies (SIIS) and the School of Humanities and Sciences.

Perry, the 19th secretary of defense of the United States, currently holds the Michael and Barbara Berberian Professorship and is a senior fellow at SIIS. Upon Perry's retirement from Stanford the new Korea chair will be named the William J. Perry Professorship.

"Bill Perry's dedicated work on Korean issues over the last decade and the significant contributions he has made to this very crucial dialogue are unparalleled," said Kim, a member of the SIIS Board of Visitors. "I can think of no one more appropriate than Bill for this chair to be named after."

Kim's interest in the political and cultural life of his native Korea has been sustained over the years in part by following the work of his mentor and friend, Bill Perry, who has played a significant role in encouraging Kim's entrepreneurship.

Learning of Kim's gift, Perry said, "I am pleased that so many students will benefit from this generous gift. I am quite humbled that Jeong and Cindy Kim have chosen to honor me in this way, as Jeong's own accomplishments deserve to be acknowledged and, indeed, emulated."

As Perry related, Jeong Kim's story is as impressive as it is inspiring. He left Korea at the age of 14 and made his way to America with no money and little English. He worked his way through high school and college, and became a nuclear engineering officer in the U.S. Navy. After leaving the navy, he returned to school, earned his Ph.D. from the University of Maryland, and started an innovative new company in the highly competitive telecom business. Within five years he took his very successful company public and sold it to Lucent Technologies for $1 billion. He went on to manage a major division for Lucent, until offered a professorship at the University of Maryland. His dedication to education is clearly evident, not only by his decision to teach future leaders, but through his endowments of a new engineering building at the University of Maryland and now this chair in Korean studies at Stanford. And all before he turned 45.

"I understand that the university is at a critical juncture in the development of Korean Studies at Stanford," said Kim. "I am delighted to be able to do something meaningful to encourage its growth."

The establishment of an incremental endowed faculty position to be held jointly by both SIIS and the School of Humanities and Sciences is unique and innovative for Stanford University and is a likely precursor to further joint appointments that may characterize the university's upcoming multidisciplinary initiatives.

"Jeong Kim's gift is a momentous tribute to Bill Perry. It also presents a perfect opportunity for the Institute and H&S to work cooperatively to further strengthen Korean Studies at Stanford, which has been growing impressively under the leadership of Program Director Professor GiWook Shin," said SIIS Director Coit D. Blacker.

H&S Dean Sharon Long concurred, "I am so pleased that Dr. Kim has extended such a generous recognition of one of the university's most valued faculty members. This gift will contribute to the growth of our understanding of Korea, a subject of deep concern to our donor and to our faculty and students."

William J. Perry has worked inside and outside of government over the last decade toward a resolution of what he has often called the "dangerous armed truce" on the Korean peninsula. Having served as secretary of defense during the 1994 crisis on the Korean peninsula, he has often said that the United States was closer to war there during that period than at any other time during his tenure.

During the second term of the Clinton administration, Perry served as special advisor to the president and the secretary of state for the review of the United States policy toward North Korea. He continues his efforts for peace on the Korean Peninsula at SIIS and as co-director of the Preventive Defense Project, a research collaboration between Stanford and Harvard.

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Breakfast provided to those who RSVP to Yumi Onoyama at yumio@stanford.edu by Monday, May 17. 9:00am ?The Changes and the Challenges of the Venture Capital Industry: The United States and Japan? Hirohisa Takata, Development Bank of Japan 9:20am ?Cosmeceuticals Market in the United States? Shojiro Matsuoka, Kommy Corporation 9:40am ?The Past, Present, and Future of the High-Tech Industry? Kenji Tashiro, Kumamoto Prefectural Government 10:00am ?Progression of the Broadband Infrastructure and Promising Contents Business? Takehiro Fujiki, Tokyo Electric Power Company 10:20am ?The Silicon Valley Model and Its Success in Japan? Takashi Shimotori, Sumitomo Corporation 10:40am ?Legislation of the CRA in Japan? Teruhisa Kurita, Ministry of Finance (Advisor: Dan Okimoto)

Oksenberg Conference Room, Encina Hall

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Korea's leading companies have awarded a $2 million gift to support the Korean Studies Program at APARC. The gift will support groundbreaking conferences, new fellowships, and critical ongoing research.

Korea's leading companies, Pantech Co., Ltd., and Curitel Communications, Inc. (known as the Pantech Group) have awarded a $2 million gift to support the Korean Studies Program at the Asia-Pacific Research Center (APARC), within the Stanford Institute for International Studies.

The Pantech gift will create the Stanford Korea Forum, led by Professor Gi-Wook Shin, which will convene a conference every year on different aspects of the U.S.-Korea relationship. Three fellowships will also be established: one for mid-career professionals in public service, journalism, and business who will spend three to nine months at Stanford as Pantech Fellows; one for invited Korean scholars to come to Stanford during the summer; and a third for undergraduate and graduate students interested in Korean studies. In addition, the gift will help to sustain critical activities of the Korean Studies Program in APARC, such as public lectures, ongoing research, and policy briefs.

Under the leadership of Byeong Yeop Park, the Founder and Chairman, the Pantech Group had combined sales of 14 million sets worldwide, with a total gross revenue of U.S. $1.7 billion in 2003, placing them in the top three mobile handset manufacturers in Korea, and the eighth largest in the global market.

The Korean government has recognized Mr. Park's achievements with numerous awards. His strong investment in R&D and his recruitment of top technological talent have led to steady and sustainable profits for Pantech, and the company has a record of supporting broad social programs in local communities.

Regarding the company's commitment to Stanford, Mr. Park said, "I am extremely pleased to be part of this outstanding and unique program on Korean Studies. I recognize Stanford's contribution to promoting mutual understanding between Korea and the U.S. by bringing together prominent scholars, policymakers, and business leaders of both countries. I'm so proud that Pantech Group will be contributing to developing the next generation of leaders in building the relationship between Korea and the United States. I hope that our pledge will help attract to Stanford some of the brightest young minds of our two countries."

Professor Shin was delighted about the generous Pantech gift. Korean Studies have blossomed at Stanford over the past three years under Shin's leadership, and he notes that this new commitment will "facilitate American understanding of Korea and elevate Stanford's Korean studies program to the next level of excellence." Shin also underscored the importance of the timing of this gift, "as the United States is now entering a new era in its relations with both North and South Korea."

The Asia-Pacific Research Center (APARC) is a unique Stanford University institution focused on the study of contemporary Asia. APARC's mission is to produce and publish Asia Pacific-focused interdisciplinary research; to educate students, scholars, and corporate and governmental affiliates about the importance of U.S.-Asian relations; to promote constructive interaction to understand and resolve the region's challenges; to influence U.S. policy toward the Asia-Pacific; and to guide Asian nations on key foreign relations, government, political economy, technology, and social issues. APARC is part of the Stanford Institute for International Studies.

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Paul Farmer, MD, PhD, a physician, infectious disease expert and medical anthropologist who has dedicated his life to treating some of the world's poorest populations, spoke to an overflow crowd on April 8, 2004 at the Stanford Institute for International Studies. Farmer spoke in his capacity as the inaugural S.T. Lee Lecturer.

In his talk, titled "The Nexus of Health and Human Rights," Farmer spoke about the clinic he directs in Cange, Haiti. The clinic has become the center of a thriving community-based medical care system that is tackling Haiti's HIV problem head-on, demonstrating that complex medical treatments can be implemented successfully in poor, underdeveloped nations. Farmer, who has won several awards for his humanitarian work, also talked about promoting access to medical care as a basic human right.

The S.T. Lee Lectureship is named for Seng Tee Lee, a business executive and noted philanthropist. Mr. Lee endowed the lectureship in order to raise public understanding of the complex policy issues facing the global community today.

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From techie to truck driver in Silicon Valley. From tea broker to techie in Bangalore. The wave of jobs heading offshore causes wrenching loss--and produces enticing gains. Rafiq Dossani comments.

In Silicon Valley 200,000 workers have lost their jobs since 2001, albeit only 6,000 of those jobs headed overseas, Stanford University researcher Rafiq Dossani estimates. But that number will grow, he says, as the offshoring pace accelerates for jobs in software programming and product development. Already 150,000 engineers hack away in Bangalore--20,000 more than in Silicon Valley, the Times of India reports. Cisco used only a few Infosys workers in Bangalore six years ago; now it uses almost 300 contract staff, plus 550 full-fledged employees in its own Bangalore office. In two years PeopleSoft's Bangalore offshore force has grown to 200 freelancers and 350 full-timers.

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Professor McMillan presents a paper co-authored by Pablo Zoido in which they descibe secret-police chief Vladimiro Montesinos Torres' effectiveness in undermining Peru's democratic institutions through bribery.

One single television channel's bribe was five times larger than the total of the opposition politicians' bribes. By revealed preference, the strongest check on the government's power was the news media.

Encina Ground Floor Conference Room

John McMillan Professor Graduate School of Business
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Mexico's former foreign minister Jorge Castañeda spoke at Stanford Institute for International Studies (SIIS) on February 19, 2004 on "America and the World: Non-U.S. Perspectives -- A View from Mexico."

Mexico's former foreign minister Jorge Castañeda spoke at Stanford Institute for International Studies (SIIS) on February 19, 2004 on "America and the World: Non-U.S. Perspectives -- A View from Mexico."

Castañeda, who served as Mexico's Secretary of Foreign Affairs from January 2000 to January 2002 spoke in capacity as the Visiting Payne Distinguished Lecturer for winter 2004. He is currently a professor of international affairs at the National Autonomous University of Mexico.

During his lecture, Castañeda cited the United States' unilateral actions against Iraq and the Bush administration's unwillingness to discuss ratifications to NAFTA as reasons for rising anti-American sentiments in Mexico.

The Payne Lectureship is named for Frank E. Payne and Arthur W. Payne, brothers who gained an appreciation for global problems through their international business operations. Their descendants endowed the annual lecture series at SIIS.

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Daniel Scheinman is the senior vice president of Corporate Development at Cisco Systems. He is responsible for business development, strategic alliances, strategic technology policy, and corporate public relations. As head of corporate development, his role has grown to include responsibility for mergers and acquisitions, strategy, major partnerships and alliances, and advanced Internet projects. Dan, who joined Cisco in 1992, was a founder of the company's legal and government affairs departments. Dan is responsible for leading the company's acquisition and strategic partnership strategies. Cisco's acquisition strategy is among the most acclaimed in the industry and has resulted in the company's successful entry into several new arenas. Over the past ten years with Cisco, Dan has worked with organizations around the world to help redefine the way public and private sectors work together. He has helped facilitate an ongoing dialogue between government and private sector leaders about the Internet economy. A thought leader in the use of media within the corporate environment, Dan pioneered a Web-based multimedia news room called News@Cisco. In addition to his responsibilities at Cisco, Dan is a founding member of TechNet. TechNet's mission is to build bipartisan support for policies that strengthen America's leadership of the New Economy. The National Law Journal has named him one of the 100 most influential lawyers in the United States, and he is on the board of visitors at Duke University Law School. Dan holds a Juris Doctorate degree from Duke University Law School and a political science degree from Brandeis University.

Philippines Conference Room, Encina Hall

Dan Scheinman Senior VP, Corporate Development Cisco Systems
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Russia's richest oilman and former head of Yukos Oil, Mikhail Khodorkovsky, sits in jail as a Moscow City Court denied him bail in January. Proponents of renationalizing Russia's oil reserves continue to rejoice, as legal proceedings have started against some of the former top executives at Yukos for tax evasion.

Those events follow December's Duma elections in which the supporters of Russia's privatization program of the 1990s were dealt a decisive blow. With Mr. Khodorkovsky behind bars since October, hopes of the Putin government reaping a larger share of windfall profits from Russia's oil companies and redistributing them among the masses continue to grow.

Yet the survival of private oil companies in Russia is critical for sustaining and pushing forward broad-based economic and energy sector reforms. A return to state ownership could lead Russia down a similar path to other oil-rich states in the developing world that are plagued by weak institutions, centralized growth and unbalanced growth.

The government's recent freezing of billions of dollars of Yukos stock sent the

Russian stock market tumbling. It may have marked the first step toward redefining business-state relations ? through either a renationalization of the oil industry or unbridled government access to the oil companies' profits ? in directions dangerous to economic stability.

Russia is unique among resource-rich countries in the developing world, since it has privatized its oil sector. The oil sector in most other developing countries, such as Nigeria, is state owned. As a result, the Russian state doesn't accrue revenue from its abundant oil reserves directly but, rather, must negotiate with private domestic owners to receive its cut.

The existence of the private oil companies is responsible for spurring economic reform in Russia. Over the last few years, they have pushed for stable property rights, transparency, corporate governance and a new tax regime ? in order to maximize their profits, attract foreign partners and secure their investments over the long term.

Yet business-state relations in Russia are at an all-time low. A power struggle between Mr. Khodorkovsky and President Vladimir Putin may lie behind Russia's private oil sector troubles. Specifically, Mr. Khodorkovsky's foray into politics challenged an unofficial agreement between Mr. Putin and Russia's powerful business elite, known as the oligarchs: If the Russian oligarchs stayed out of politics, the Russian government would stay out of their businesses. By providing financial support for opposition political parties and revealing his own presidential ambitions, Mr. Khodorkovsky overstepped the boundaries of what was considered the proper role of the Russian business community. In many ways, Russia's struggle with Yukos and Mr. Khodorkovsky is analogous to the U.S. government's battle with John D. Rockefeller at the turn of the 20th century.

The Putin administration's legal actions against Yukos are driven primarily by its desire to prevent the giant from monopolizing the oil industry and thereby amassing greater political power. The recent collapse of the merger between Yukos and Sibneft is seen as a giant step toward curtailing Yukos' power. The Roosevelt administration was motivated by similar concerns when it sued Standard Oil in 1906 for violating the Sherman Antitrust Act. In particular, it helped to define the respective roles of private business and government in the United States that have propelled its unprecedented economic growth -- the former as responsible property holders and reliable taxpayers and the latter as the chief regulator that protects property rights and ensures fair competition.

The Russian government's confrontation with Yukos is likewise a single episode in a drama that still is unfolding but ultimately could serve to bolster Russia's transition to a market economy by determining both the appropriate role of the state in the economy and of businessmen in politics.

Erica Weinthal is a visiting fellow at Stanford University's Institute for International Studies. Jones Luong is an associate professor of political science at Yale University.

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Emeka Duruigbo is Research Fellow at the Program on Energy and Sustainable Development and a SPILS Fellow at Stanford Law School where he is working on designing institutions for managing oil revenues for socio-economic development in Nigeria. He is licensed to practice law in Nigeria and California and has a broad experience that cuts across business, law and academia. At PESD, he is examining the potential for international gas trade and investment in sub-Saharan Africa, with a special focus on advanced LNG and pipeline projects.

Emeka received an LL.B. from the University of Benin and a professional certificate from the Nigerian Law School. He also holds an LL.M. from the University of Alberta and an S.J.D. from Golden Gate University.

PESD Research Fellow
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