The Vietnam IT Forum 2001 will present an overview of Vietnam's infomation technology industry and its potential for U.S. participation. The conference showcases the emergence of Vietnam, particularly the technology sector and fetures the opportunities and challenges presented by these developments. The conference will examine the Bilateral trade Agreement, along with opportunities in softwre development, multimedia, telecommunications, networking, Internet/e-business, outsourcing, and foreign direct investment and financing. To indicate your interest in attending, please contact Q. Huy D. Do, Attorney-at-Law, Squire, Sanders & Dempsey LLP. Tel: 415-954-0343, Fax: 415-391-2493, Email: qdo@ssd.com ***** THIS EVENT IS BY INVITATION ONLY. *****

Through interviews with and analysis of the portfolio of French VCs in Silicon Valley, Professor Ferary is examining ties between VCs and entrepreneurs based on nationality, education and professional background. He describes how French venture capitalists use the French network in their businesses and how they try to get inside others' social networks to increase their resources and accumulate social capital. An exchange theory based on the gift exchange theory can be used for understanding VC behavior and relations. Currently a visiting scholar at Stanford's Sociology Department, Michel Ferary is an assistant professor at Essec School of Management in Paris, France. He earned a PhD in business administration from HEC (France) and worked for three years as a consultant in financial services for Andersen Consulting and Gemini Consulting. In addition to current work on French VCs in Silicon Valley, Professor Ferary's research focuses on the function of social networks in the financial risk evaluation done by bankers.

In many markets, organizations compete with rivals from all over the world, transcending national boundaries. We offer a theory to explain patterns of global competition, proposing that global competition "coevolves" in an ecology of learning organizations. Our theory points to certain conditions under which such evolution intensifies competition, but also to patterns of adverse selection within and among organizations. We test our theory in a study of organizational failure rates among all computer hard disk drive manufacturers that have ever existed, and find that our theory is able to explain patterns of competition in that industry over its history. William P. Barnett is an Associate Professor of Strategic Management and Organizational Behavior at the Graduate School of Business, Stanford University. He studies competitive systems within and among organizations, focusing especially on how competitiveness evolves as organizations grow and change. This research includes empirical studies of the evolution of organizational performance, the organizational and career determinants of entrepreneurship, the effects of technological and regulatory changes on competition among organizations, and how competitiveness evolves over time and across markets. His work reports on a range of firms and industries, including organizations in telecommunications, semiconductor manufacturing, beer brewing, newspaper publishing, and banking. Most recently he is studying the evolution of the computer industry. In 1988 he received his Ph.D. in Business Adminstration from the University of California, Berkeley.

Silicon Valley has become a melting pot of talent, opportunity, and capital from not only the United States but around the world. This seminar will focus on how Korean entrepreneurs can incorporate and manage high-tech ventures successfully in Silicon Valley by overcoming critical barriers--managerial, technical, and cultural. Based on in-depth case studies of Korean start-ups in Silicon Valley, this presentation identifies problems faced by entrepreneurs along the stages of venture development. It also suggests to Korean entrepreneurs a process to overcome barriers through support from partners and advisory experts in Silicon Valley and Korea. More specifically, this seminar will discuss the experiences of Korean start-ups in Silicon Valley in writing business plans, raising funds, hiring and motivating employees, and addressing cultural issues. In addition, some lessons and guidelines for foreign entrepreneurs in surmounting the obstacles for the successful incorporation and growth will be discussed, such as the importance of forming the founding team with complementary assets and the legal form of the entity.

Dr. Zong-Tae Bae is an Associate Professor at the Graduate School of Management, Korea Advanced Institute of Science and Technology (KAIST), Seoul, Korea. He is currently on sabbatical from KAIST and working as a Visiting Scholar of the Graduate School of Business (GSB) and the Asia/Pacific Research Center (Shorenstein APARC) at Stanford University. His research interests include various aspects of technology management and entrepreneurship. Currently he is conducting a research project on a global model of new venture development. He has published 10 articles in international journals such as R&D Management and Journal of Production Innovation Management. He received a B.S. in Industrial Engineering from Seoul National University in 1982, and a M.S. and Ph.D. in Management Science from KAIST in 1984 and 1987, respectively.

The Israeli economy is in an age of change. It is changing at a fundamental level from labor-intensive, low technology industries to cutting edge high technology products aimed for export markets. Now that Israel is a major source of innovation, technology has become a source of significant connections with Silicon Valley. Major activities between the US and Israel are growing, and the trend, particularly with Silicon Valley, is now stronger than ever. What are the major kinds of ties between Israel and Silicon Valley? And what factors are driving the economic activities in Israel? Yishai Laks holds the position of the Government of Israel's Consul for Economic Affairs for the United States Northwest region (including Northern California, Alaska, Washington, Oregon, Wyoming, Idaho, and Montana). From his headquarters in Santa Clara, California, Mr. Laks directs all aspects of economics relationships between the region and Israel, assisting US companies in establishing investments, joint ventures, and trade relationships with Israel and Israeli companies. Prior to this appointment, Mr. Laks served as Economic Advisor to the Director General in Israel's Ministry of Industry and Trade from 1994 to 1997. During his tenure, he advised the Director General on all aspects of the Ministry tasks and work. From 1992 to 1994 Mr. Laks was in charge of the trade between Israel and the East European and EFTA countries at the Foreign Trade Administration. Mr. Laks received his B.A. and M.B.A. from Tel-Aviv University, Israel emphasizing in Marketing and International Management.