Why small is beautiful in venture capital
Education has provided the critical foundation for Asia’s rapid economic growth. However, in an increasingly globalized and digital world, higher education faces an array of new challenges. While the current strengths and weaknesses of educational systems across Asia differ considerably, they share many of the same fundamental challenges and dilemmas.
The fourth annual Stanford Kyoto Trans-Asian Dialogue examined challenges and opportunities in reforming higher education in Asia. At its core, the challenge facing every country is how to cultivate relatively immobile assets—national populations—to capture increasingly mobile jobs with transforming skill requirements. This raises fundamental questions about skills needed for fast-paced change, domestic inequality, the role of government, and choices of resource allocations.
Scholars and top-level administrators from Stanford University and universities across Asia, as well as policymakers, journalists, and business professionals, met in Kyoto on September 6 and 7, 2012, to discuss questions that address vital themes related to Asia’s higher education systems. These included:
The Walter H. Shorenstein Asia-Pacific Research Center (Shorenstein APARC) established the Stanford Kyoto Trans-Asian Dialogue in 2009 to facilitate conversation about current Asia-Pacific issues with far-reaching global implications. Scholars from Stanford University and various Asian countries start each session of the two-day event with stimulating, brief presentations, which are followed by engaging, off-the-record discussion. Each Dialogue closes with a public symposium and reception, and a final report is published on the Shorenstein APARC website.
Previous Dialogues have brought together a diverse range of experts and opinion leaders from Japan, South Korea, China, Vietnam, Thailand, Indonesia, Singapore, India, Australia, and the United States. Participants have explored issues such as the global environmental and economic impacts of energy usage in Asia and the United States; the question of building an East Asian regional organization; and addressing the dramatic demographic shift that is taking place in Asia.
The annual Stanford Kyoto Trans-Asian Dialogue is made possible through the generosity of the City of Kyoto, the Freeman Spogli Institute for International Studies at Stanford University, and Yumi and Yasunori Kaneko.
Kyoto International Community House Event Hall
2-1 Torii-cho, Awataguchi,
Sakyo-ku Kyoto, 606-8536
JAPAN
Mao Xie is a corporate affiliate visiting fellow with the Walter H. Shorenstein Asia-Pacific Research Center (Shorenstein APARC) for 2012–13. Xie has over 20 years of work experience in China's petroleum industry. He participated in the restructuring of China National Petroleum Corporation (CNPC) and China Petroleum and Chemical Corporation (Sinopec) in the late 1990s, and in the listing of PetroChina (the listed arm of CNPC) in international stock markets in 2000. He was also involved in the formulation and implementation of CNPC/PetroChina’s oil products marketing strategy, and in the designing of the oil products marketing and retailing management system. Xie has participated in the consolidation and specialized management of PetroChina’s city gas business since 2008, and played a part in the formation of a complete industrial chain of PetroChina’s gas business. He also contributed to the designing and implementation of PetroChina’s city gas organizational structure. Xie received his bachelor's degree in petroleum storage and transportation from Harbin University of Commerce and his MBA from Zhejiang University.
Masashi Suzuki is a corporate affiliate visiting fellow at the Walter H. Shorenstein Asia-Pacific Research Center (Shorenstein APARC) for 2012–13. Suzuki has over 11 years of experience in the information technology arena at Sumitomo Corporation, one of the major trading and investment conglomerates in Japan, and its subsidiaries. His experience in the IT industry includes system development, project management, sales, business development and strategy planning. While at Stanford, Suzuki is researching the difference in the profitability and structure of IT businesses between the United States and Japan. Suzuki is interested in applying his knowledge gained here to his work and overall helping to revive the economy in Japan. Suzuki graduated from Chuo University with a degree in business administration.
Ryo Masuda is a corporate affiliate visiting fellow at the Walter H. Shorenstein Asia-Pacific Research Center (Shorenstein APARC) for 2012-13. Masuda has more than six years of experience in media markets working for Sumitomo Corporation, one of Japan's major trading and investment conglomerates. Most recently, Masuda worked for Japan's largest CATV operator, one of Sumitomo Corporation's affiliated companies, where he was responsible for business development. Masuda graduated from Hitotsubashi University with a bachelor's degree in commercial science.
Chengbao He is a corporate affiliate visiting fellow at the Walter H. Shorenstein Asia-Pacific Research Center (Shorenstein APARC) for 2012-13. Since 2005, He has been the vice deputy director of the Science and Technology Management Department of PetroChina. He is responsible for the R&D management of the refining and chemical businesses of PetroChina and for the intellectual property management. He graduated from Tianjin University with a master's degree in chemical engineering in 1990. After graduating, he worked at the Dalian Petrochemical Company (DPC) for 16 years, serving as the vice president in 2002. DPC became the largest refinery in China which had a crude oil capacity of 400kBPSD. During the period from 2002 to 2005, He was responsible for the technology of DPC's capacity expansion project. In 2012, He graduated from the University of Houston with an Executive MBA degree.
Yasuaki Hanai is a corporate affiliate visiting fellow at the Walter H. Shorenstein Asia-Pacific Research Center (Shorenstein APARC) for 2012-13. Hanai has more than eight years of experience in energy markets working for NEC Corporation. Most recently, Hanai was responsible for business development in the areas of environmental protection and energy management systems. Hanai graduated from Meiji University with a bachelor's degree in mechanical engineering informatics.
Dr. William J. Perry discussed game changers in energy at the "Innovations for Smart Green Cities: What's Working, What's Not, What's Next" conference. The event was hosted by the Stanford Program on Regions of Innovation and Entrepreneurship (SPRIE) at the Stanford Graduate School of Business on June 26-27, 2012. Perry is the Michael and Barbara Berberian Professor (at FSI and Engineering) and Co-director of the Preventive Defense Project at CISAC, a FSI Senior Fellow and CISAC Faculty Member.
A video of the talk is available on YouTube.
Note: The RSVP deadline has been extended to Oct. 12th
Good politics does not for good economics make, especially not in a sub-optimal currency area. Ten years into the euro, the skeptics were proven right. Instead of forcing all members into fiscal discipline and domestic reform, the common currency did neither; indeed it encouraged profligacy and business-as-usual. Now, the Eurozone has become a transfer and debt union. Europe, whose growth has been slowing for 40 years, will not regain competitiveness under the new dispensation.
This seminar is part of the European and Global Economic Crisis Series.