Shorenstein APARC's Korean Studies Program, begun in September 2000 and led by Gi-Wook Shin, features weekly luncheon seminars on Korea-related issues, from war reporting to health care to democracy. Heavily attended by students and faculty alike, the series is often standing-room-only.
Philippines Conference Room, Encina Hall, Third Floor, Central Wing
The trend for globalization of high-tech industries has gained momentum during the last few years. In particular, the Asia Pacific region has become an increasingly important market for U.S. high tech companies. What investors, both the public market and VCs, look for now are companies with revenue growth and a clear path to profit. The challenge for technology companies and investors is to define the roadmap to weather through the current downturn and build strength to grow when the market returns. The companies that will succeed are the ones that are close to the market, with the ability to produce their products at a reduced cost.
China, with its mass population, is undeniably an enormous market. It not only presents a broad customer base for the high-tech industry, but also an attractive low-cost manufacturing center. There is no doubt that Greater China is a lucrative region to ride the next wave of high-tech industry growth. We all want to capture this golden opportunity. How do we address this huge consumer market? How do we fully utilize the emerging labor support to lower production costs? For venture capitalists, how do we find legitimate ways to get return on our investments?
Taiwan is now China's leading trade partner and investor. Over 25 percent of Taiwan's exports are headed to China, according to the latest official statistics. With its geographic proximity, a well-established technology and business support infrastructure, as well as a common language and similar culture background, Taiwan is well positioned as a gateway to the China. In addition, Taiwan has built a well-recognized capital market in the past three decades. This highly liquid capital market is the best support for the high-tech industry as well as VC players.
In this session, Katherine Jen, a veteran venture capitalist, will lead the audience through her strategy in the quest for the next wave of high-tech industry growth and identify the key success factors.
About the Speaker
Katherine Jen is the managing partner of AsiaTech Management, LLC, a venture capital firm investing in the Silicon Valley and Asia. Katherine's successful venture capital career began in the early eighties. During her two decades in the Ministry of Finance in Taiwan, Katherine ran a $3 billion government investment fund, instrumental in the founding of successful high-tech companies such as TSMC and Moses-Vitelic. She also served on the TSMC board of directors from 1989-1993.
Katherine was one of the pioneers in Taiwan's VC industry. She led many key initiatives in venture capital legislations, including the adoption of the first Venture Capital Act in Taiwan. She helped establish the first group of venture capital funds in Taiwan, including Hotung Ventures, H&Q Asia and Walden International Taiwan (IVCIC). In addition, she founded the venture capital firm Genesis Venture in Taiwan and successfully raised its first fund. As a leader in the Taiwan financial industry, she served on the board of International Commercial Bank of China (ICBC), the largest commercial bank in Taiwan.
Based on the belief that Silicon Valley technologies can find much broader markets if they are combined with the efficient manufacturing industry in Asia, she founded AsiaTech and raised its first fund in 1997. Today, with operations in the Silicon Valley and Taiwan, AsiaTech manages three funds with strong backing from Asian-based manufacturing companies, commercial and investment banks, and government.
Philippines Conference Room, Encina Hall, Third Floor, Central Wing
Educational achievement in Malaysia is racially skewed across its three main cultural groups: The Malay-Muslim majority lags behind the country's Chinese and Indian minorities. This poses a dilemma. Should the state give the majority preferential access to education in the name of group equality? Or permit such access to be decided by merit alone, in the name of fairness among individuals? Malaysia has chosen to expand opportunities for schooling while maintaining a strict policy of affirmative action for Malays, all within a centrally controlled and standardized system of national education that relies on the Malay language and includes emphasis religion and morality. After showing how this pattern evolved from the secular, English-language format adopted by the British when they ruled Malaysia, Dr. Bakri Musa will assess the costs and benefits of affirmative educational action in the country today. Bakri Musa has written extensively on Malaysia. His latest book, An Education System Worthy of Malaysia (2003), has been described as "a severe critique" and "a comprehensive proposal for reform." Earlier titles include Malaysia in the Era of Globalization (2002), and The Malay Dilemma Revisited (1999). Shorter commentaries have appeared in Asiaweek, Education Quarterly, The Far Eastern Economic Review, and The International Herald Tribune, among other print media, and been aired by National Public Radio on its program, "Marketplace." A surgeon in private practice in Silicon Valley, Dr. Musa earned his medical and graduate degrees at the University of Alberta in Canada.
Daniel and Nancy Okimoto Conference Room
Reuben W. Hills Conference Room, 2nd floor, Encina Hall East
This chapter first offers a theoretical framework to explain coexistence of nationalism and globalization by considering two interrelated processes: 1) nationalist appropriation of globalization and 2) intensification of ethnic identity in reaction to globalization process. It then presents empirical evidence to demonstrate how these processes have worked in Korean globalization at both official and popular levels.
CDDRL
Stanford University
Encina Hall
Stanford, CA 94305-6055
Stephen Krasner is the Graham H. Stuart Professor of International Relations. A former director of CDDRL, Krasner is also an FSI senior fellow, and a fellow of the Hoover Institution.
From February 2005 to April 2007 he served as the Director of Policy Planning at the US State Department. While at the State Department, Krasner was a driving force behind foreign assistance reform designed to more effectively target American foreign aid. He was also involved in activities related to the promotion of good governance and democratic institutions around the world.
At CDDRL, Krasner was the coordinator of the Program on Sovereignty. His work has dealt primarily with sovereignty, American foreign policy, and the political determinants of international economic relations. Before coming to Stanford in 1981 he taught at Harvard University and UCLA. At Stanford, he was chair of the political science department from 1984 to 1991, and he served as the editor of International Organization from 1986 to 1992.
He has been a fellow at the Center for Advanced Studies in the Behavioral Sciences (1987-88) and at the Wissenschaftskolleg zu Berlin (2000-2001). In 2002 he served as director for governance and development at the National Security Council. He is a fellow of the American Academy of Arts and Sciences and a member of the Council on Foreign Relations.
His major publications include Defending the National Interest: Raw Materials Investment and American Foreign Policy (1978), Structural Conflict: The Third World Against Global Liberalism (1985), Sovereignty: Organized Hypocrisy (1999), and How to Make Love to a Despot (2020). Publications he has edited include International Regimes (1983), Exploration and Contestation in the Study of World Politics (co-editor, 1999), Problematic Sovereignty: Contested Rules and Political Possibilities (2001), and Power, the State, and Sovereignty: Essays on International Relations (2009). He received a BA in history from Cornell University, an MA in international affairs from Columbia University and a PhD in political science from Harvard.
Reuben W. Hills Conference Room, 2nd Floor, Encina Hall East
Dr. Lawrence Saez addresses two critical issues in comparative federalism, namely the issues of economic growth and fiscal policy. Drawing on data from twelve prominent emerging market federations (Argentina, Brazil, China, Colombia, India, Indonesia, Malaysia, Mexico, Pakistan, Russia, South Africa, and Venezuela), Dr. Saez will examine the impact that globalization has had on economic growth at the national level and whether there has been a convergence or divergence at the sub-national level. The impact of globalization on fiscal policy and its "offloading" of fiscal deficits onto the subnational governments will be analyzed.
Lawrence Saez is concurrently assistant research political scientist at the Institute of East Asian Studies and visiting scholar at the Center for South Asia Studies, University of California, Berkeley. He is also the associate editor for South Asia at Asian Survey. His research is focused on comparative political economy and fiscal federalism in developing countries. He is currently working on trying to understand how globalization has affected subnational economic growth and the provision of public goods in emerging markets. He is the author of Federalism without a Center: The Impact of Political Reform and Economic Liberalization on India's Federal System (Sage, 2002). His book manuscript entitled, Repairing Heaven: Banking Reform in India and China, will be published later this year by Palgrave/St. Martin's Press. He holds a BA in political science from the University of California, Berkeley; an MA from the Fletcher School of Law and Diplomacy; and a PhD in political science from the University of Chicago.
THE PAPER ACCOMPANYING THIS TALK MAY BE DOWNLOADED AT
http://Shorenstein APARC.stanford.edu/docs/Saez_seminar_paper.pdf
Daniel and Nancy Okimoto Conference Room