Business
News Type
News
Date
Paragraphs
The Chinese video sharing site Youku, using a business model emphasizing media partnerships rather than focusing on user sharing like its Western counterpart YouTube, will achieve greater profitability and be better positioned to take advantage of China's competitive advantage, according to CEO Victor Koo. Koo made the remarks at SPRIE's "China 2.0" conference, where he also announced a new partnership with Disney for streaming video. (Article in Chinese).
All News button
1
Authors
Joyce Lee
News Type
News
Date
Paragraphs

An international forum on North Korea was held in Palo Alto on October 26, 2010, in an effort to educate the public on reunifying the two Koreas. The San Francisco Chapter of the National Unification Advisory Council organized the forum. Approximately 150 audience members heard panelists speak about the economic, social, and political challenges that face South Korea today in its preparation for a peaceful reunification, as well as about their visions for the future of North Korea.

Gi-Wook Shin, the director of the Walter H. Shorenstein Asia-Pacific Research Center (APARC), moderated the presentations and the panel discussion. The panel of four experts included John Everard, 2010-2011 Pantech Fellow at APARC and a former British ambassador to North Korea, speaking about diplomacy and security; Greg Scarlatoiu, director of public affairs and business issues at the Korea Economic Institute, on economic issues; Sang-Hun Choe, 2010-2011 Fellow in Korean Studies at APARC and a reporter at the International Herald Tribune, on factionalism; and Jung Kwan Lee, the South Korean Consul General in San Francisco, on South Korea's policy toward North Korea.

Everad analyzed North Korea's development during the Cold War of a diplomatic technique by which it repeatedly attempted to play one ally off against another in its relationships with the Soviet Union and China. While arguing that North Korea continues to make effective use of this technique against South Korea, the United States, and the European Union, Everad noted that North Korea's current political uncertainty, following the succession, and its ongoing economic concerns will together create a situation in which it may be very difficult for North Korea to maintain political solidarity.

Scarlatoiu, meanwhile, contended that North Korea's is a post-Stalinist, neo-patrimonial economy. Thus, with recent efforts such as the 2002 market reforms and the 2009 currency reform, the North Korean regime has found itself confronted with a major dilemma. According to Scarlatoiu, while economic reforms are necessary to the long-term survival of the regime, they could also lead to the regime's collapse. This predicament, he added, must be considered as the regime undergoes a leadership transition in the succession to Kim Jong-un.

Choe spoke on the process of succession to Kim Jong-un as well, pointing out that while Kim Jong-un is indisputably the heir to the leadership of North Korea, he has yet to prove his competency as North Korea's future leader. In addition, Choe emphasized that difficulties judging North Korea's intentions and anticipating its behavior stem from the outside world's inability to understand the North Korean leadership and the goals that it truly has in mind.

Finally, Lee stressed that the basic objectives of South Korea's policy on North Korea are to promote a common prosperity and to peacefully resolve North Korean nuclear issues. However, he also made it clear that the South Korean government is seeking to keep North Korean nuclear issues distinct from the issue of inter-Korean relations.

 

Hero Image
nk2010 forum Joyce Lee
All News button
1
News Type
News
Date
Paragraphs

I promise that this program could change your mind and future.

-Daisuke Maeda



Daisuke Maeda
, 2008-2009 Corporate Affiliates fellow, embraced the opportunity of being at Stanford University in order to actively engage with students, scholars, and Silicon Valley entrepreneurs. Connecting in person in an environment of innovation and entrepreneurship informed Maeda's thinking about his work with the Sumitomo Corporation, both retrospectively and for the future.

Established in 1919 but with business roots extending back into the 17th century, Sumitomo Corporation is a Tokyo-based general trading company with approximately 200 offices and 800 subsidiaries worldwide, including such major global cities as Beijing, London, Madrid, Istanbul, Casablanca, Sao Paulo, and New York City. Sumitomo is divided into seven business units based on its wide diversification: metal products; transportation and construction systems; infrastructure; media, network, and lifestyle; mineral resources, energy, chemical, and electronics; general product and real estate; and financial and logistics. Some of its subsidiary companies include Discovery Japan, Inc.; Barneys Japan; and Pacific Summit Energy, LLC. The corporation's mission statement expresses a strong focus on social responsibility.

Before coming to Stanford, Maeda had the responsibility for overseeing the marketing strategy of one of Sumitomo's e-commerce companies and while at Stanford he then conducted research about the "long tail" statistical theory which emphasizes the strength of a vendor, such as Amazon, selling a wide array of specialty goods. Maeda looked at arguments for and against this theory and spoke with Stanford students and Silicon Valley entrepreneurs on this subject.  In addition to his research, Maeda met with local startup companies and offered advice on marketing their products in Japan.

Maeda is now a director in the mobile and internet department of Sumitomo's media, network, and lifestyle business unit, which is home to Japan's largest cable television provider, the biggest home shopping television channel, and a major households goods e-commerce website. His current work involves developing a Japan-focused online marketing strategy for Sumitomo's healthcare business offerings.

Maeda urges current fellows to seize the opportunity of being at Stanford, saying, "Don't hesitate. Time is limited." He explains that he actively sought out opportunities to enrich his own knowledge and potential, including meeting and talking with people. "I promise that this program could change your mind and future," he concludes.

 

Hero Image
maedaweb2
All News button
1
-

Professor Wein received his PhD in Operations Research from Stanford in 1988 and has taught core MBA courses in operations management throughout his entire career, both at MIT's Sloan School of Management from 1988 to 2002 and, since 2002, at Stanford's Graduate School of Business, where he is currently Paul  E. Holden Professor of Management Science. He has also been a Senior Fellow (by courtesy) at FSI since 2003.

Since 2001, Wein has analyzed a variety of homeland security problems. His homeland security work includes four papers in the Proceedings of the National Academy of Sciences: one on an emergency response to a smallpox attack,  a second on an emergency response to an anthrax attack, a third presenting a biometric analysis of the US-VISIT Program, and a fourth analyzing a bioterror attack on the milk supply. He has also published the Washington Post op-ed "Unready for Anthrax" (2003) and the New York Times op-ed "Got Toxic Milk?" (2005) and has written papers on port security, indoor remediation after an anthrax attack, and the detention and removal of illegal aliens.  He was also Editor-in-Chief of Operations Research from 2000 to 2005. Wein has won several awards, including the 1993 Erlang Prize for the outstanding applied probabilist under 35 years of age and the 2002 Koopman Prize for the best paper in military operations research.

Rebecca Slayton Affiliated Faculty at CISAC, and Lecturer in Science, Technology, and Society Commentator

Graduate School of Business
Stanford University
Stanford, CA 94305-5015

(650) 724-1676 (650) 725-0468
0
Jeffrey S. Skoll Professor of Management Science
CISAC Affiliated Faculty Member
Wein.jpg PhD

Lawrence Wein is the Jeffrey S. Skoll Professor of Management Science at the Graduate School of Business, Stanford University, and an affiliated faculty member at CISAC. After getting a PhD in Operations Research from Stanford University in 1988, he spent 14 years at the Sloan School of Management at MIT, where he was the DEC Leaders for Manufacturing Professor of Management Science. His research interests include mathematical models in operations management, medicine and biology.

Since 2001, he has analyzed a variety of homeland security problems. His homeland security work includes four papers in Proceedings of the National Academy of Sciences, on an emergency response to a smallpox attack, an emergency response to an anthrax attack, a biometric analysis of the US-VISIT Program, and an analysis of a bioterror attack on the milk supply. He has also published the Washington Post op-ed "Unready for Anthrax" (2003) and the New York Times op-ed "Got Toxic Milk?", and has written papers on port security, indoor remediation after an anthrax attack, and the detention and removal of illegal aliens.

For his homeland security research, Wein has received several awards from the International Federation of Operations Research and Management Science (INFORMS), including the Koopman Prize for the best paper in military operations research, the INFORMS Expository Writing Award, the INFORMS President’s Award for contributions to society, the Philip McCord Morse Lectureship, the Frederick W. Lanchester Prize for best research publication, and the George E. Kimball Medal. He was Editor-in-Chief of Operations Research from 2000 to 2005, and was elected to the National Academy of Engineering in 2009.   

CV
Lawrence M. Wein Professor of Management Science, Stanford Graduate School of Business; Senior Fellow (by courtesy), Freeman Spogli Institute for International Studies Speaker
Seminars
News Type
News
Date
Paragraphs
As reported by the Wall Street Journal's Loretta Chao, one of the speakers on the e-commerce panel at "China 2.0: The Rise of a Digital Superpower," Deutsche Bank analyst Alan Hellawell gave his firm's predictions on how e-commerice in China is going to shape up. By 2013, according to Hellawell, the percentage of online transactions in the retail space will go up to 7.2%, higher than the percentage of U.S. online retail commerce. Furthermore, Hellawell noted that companies wanting a piece of this business will have to meet high service standards that Chinese consumers have grown accustomed to in a short time.
All News button
1
Authors
News Type
News
Date
Paragraphs

Occupying the greater part of the United States Pacific coastline, California has long shared a relationship with Asia. Today, trade with China, Japan, and Korea accounts for nearly one-fourth of the state's overall $120 billion in exported goods, and an estimated one in seven California jobs is related to trade. In recognition of the crucial importance of this trade for the state's economic vitality, Governor Arnold Schwarzenegger and 100 business and government leaders embarked on September 9, 2010 for a six-day trade mission to Asia.

Forty representatives from the Bay Area, 40 from southern California, and 20 top government officials traveled with the mission, including leaders from California's agriculture, green technology (green tech), finance, and healthcare industries. Although intended to benefit the State of California, the trade mission also sought to leverage complimentary resources that would help nurture China's ever-growing innovation economy and to facilitate the continued exchange of people, technology, and capital. Marguerite Gong Hancock, associate director of the Stanford Program on Regions of Innovation and Entrepreneurship (SPRIE), represented Stanford University and SPRIE on the delegation's visits to the cities of Shanghai and Hangzhou in China. This was the second and final Asia trade mission led by Governor Schwarzenegger during his tenure.

While in Shanghai and Hanghzou, Hancock engaged with policymakers, university officials, and private-sector business leaders. She took part in visits to several major companies, including the Hangzhou headquarters of Alibaba, China's e-commerce giant, during its "Alibaba Fest," an annual innovation conference. While there, Hancock and fellow mission members met with the company's president and learned about recent goods and services innovations, and about its global expansion strategies. In Shanghai, she visited the home of Zap-Jonway, the recently merged California electric vehicle manufacturer Zap and Shanghai electric motorcycle company Jonway. Zap-Jonway's CEO Steve Schneider plans for the company to develop electric vehicles for commercial fleets, such as taxicabs and trucks. "It is a really interesting example of California and Shanghai coming together, bringing technologies from both sides and then positioning themselves for market growth both in China and here in the United States," says Hancock.

SPRIE is at the forefront of research about factors that nurture innovation and entrepreneurship, and has engaged in the last two years in significant research about green tech. Hancock was frequently asked about how to build policies and industry strategies that foster the economic growth of green tech and about the possible implications for China, both in terms of collaboration and competition, in the shift in Silicon Valley's economy toward green tech.

During the Asia trade mission, Governor Schwarzenegger also made several important public announcements, including the news that California is going to formally bid to hold the 2020 World Expo at Moffett Field in Mountain View, which would be a major opportunity to showcase the best of the region's innovation and entrepreneurship to the world.

For more details about Governor Schwarzenegger's Asia trade mission, please visit the State of California's website.

 

Hero Image
SchwarzeneggerAlibabaLOGO
State of California Governor Arnold Schwarzenegger with David Wei, President of the China e-commerce giant Alibaba.
Bay Area Council
All News button
1
-

In medicine, transportation, commerce and entertainment, and countless other fields, technology has transformed our lives and provided immense value for millions.

Yet despite all of these revolutionary advances, it has yet to have a similar impact to radically improve the workings of public policy. This situation is especially unfortunate given the fiscal, economic, and social challenges facing our democracy and those around the world. If there's ever a time where politics could use some creative solutions, it's now.

This seminar will highlight some of the legal, political, and social barriers preventing disruptive innovation from taking hold in the public policy sphere, as well as ways to remove these barriers. Drawing on sources ranging from theoretical physics and constitutional law to popular culture, the seminar will provide unique and practical perspectives on how technology can help democracies around the world evolve.

The seminar will offer provocative insights, thought-provoking discussions, and practical tools to help our society can facilitate the evolution of better political, economic, and social institutions.

Matt Harrison graduated from the University of Miami with a Bachelor of Business Administration in Political Science and from the University of Southern California with a joint law degree and Master of Public Policy. Matt founded Prometheus in 2003 and serves as the Institute's President. As the driving force behind the creative and strategic vision of Prometheus, Matt identified and recruited a talented team of engineers, designers and contributors. He was the brainchild behind the DIY Democracy iPhone app, has authored over 200 articles, publications and other features for Prometheus, has been a guest on several talk radio shows and has been quoted in the Orange County Register and Chicago Tribune.

Wallenberg Theater

Matt Harrison Speaker The Prometheus Institute
Seminars
-

txteagle is Boston-based company that enables mobile phone subscribers in the developing world to earn airtime by completing simple work. We have now integrated our compensation platform within the billing systems of over 220 mobile operators - providing 2.1 billion mobile phone subscribers with the ability for moderate economic empowerment. While originally focused on text-based tasks from the outsourcing industry, we have recently come to appreciate our distributed workforce as much more than a source of cheaper labor for the data-entry industry. Instead of simply facilitating labor arbitrage, we are now focused on leveraging a particular population's unique insights and local knowledge. Today our workforce provides services that could never be outsourced - services that require on-the-ground knowledge and insight. The scope of these types of services is rapidly expanding - ranging from conducting a 50-country survey commissioned by the United Nations, to helping a massive consumer goods corporation grow their sanitary pad distribution and marketing channels into rural markets, to localizing software for a major search engine, to verifying local businesses for the World Bank, to responding to surveys for international market and investment research firms, to conducting compensated awareness and engagement campaigns for many large, international brands.

The underlying value of our workforce comes from their unique community, their culture, their neighborhood, their social network, and their knowledge of the place where they live. We are excited to be continually discovering new ways to demonstrate this unique value they can provide to the rest of the world.

Nathan Eagle is the CEO of txteagle Inc. He holds faculty appointments at the MIT Media Laboratory and Northeastern University, and is an Omidyar Fellow at the Santa Fe Institute. His research involves engineering computational tools, designed to explore how the petabytes of data generated about human movements, financial transactions, and communication patterns can be used for social good. He holds a BS and two MS degrees from Stanford's School of Engineering; his PhD from the MIT Media Laboratory on Reality Mining was declared one of the '10 technologies most likely to change the way we live' by the MIT Technology Review. Recently, he was named one of the world's top mobile phone developers by Nokia and also elected to the TR35. His academic work has been featured in Science, Nature and PNAS, as well as in the mainstream press.

Wallenberg Theater

Nathan Eagle CEO Speaker txteagle, Inc
Seminars
News Type
News
Date
Paragraphs

Seventeen years ago, the first public internet connection was established between computer scientists at the Stanford Linear Accelerator Center (SLAC) and Beijing's Institute of High-Energy Physics (IHEP). China now has 400 million online and 750 million mobile consumers and recruits web talent from Silicon Valley for its growing number of innovative web-based technology companies.

The two SLAC and IHEP computer scientists who helped to set in motion China's rise as an online power will be reconnected at the commencement of the China 2.0: The Rise of a Digital Superpower conference to be held October 18-19, 2010 in Beijing. Organized by the Stanford Program on Regions of Innovation and Entrepreneurship (SPRIE), China 2.0-Beijing is the second part of a conference held May 24-25, 2010 at Stanford University. 

Companies thriving in China will increasingly shape the global digital economy, either by their sheer scale at home or through investments and acquisitions in the United States and other developed economies. The conference will address the key questions: What are the drivers of innovation in China's web-based industries? For China 2.0, what are the patterns for flows of people, ideas, technology and capital across the Pacific?  How can we assess the likely future shape and implications of China's rise for consumers, industry players, investors, researchers and policy makers?  To answer these questions, SPRIE's forum will feature presentations by 35 business leaders from China's web-based technology industry, including such fields as gaming, mobile 2.0, and e-commerce.

Several U.S., China, and other international media outlets will cover the event and China 2.0 iPhone and iPad applications are now available. Video from the conference will follow on the SPRIE website and a book and documentary film based on China 2.0 are forthcoming.

For the China 2.0-Beijing agenda, a video interview with the SLAC and IHEP computer scientists, and video overviews of the conference, visit the China 2.0 website.

Hero Image
China 2 0 Victor Koo YoukuLOGO
Victor Koo, CEO of Youku, at the China 2.0 conference on October 18, 2010.
All News button
1
Subscribe to Business