Drivers of Innovation
Innovation and entrepreneurship rank highly on the strategic agenda of most countries today. As global economic competition intensifies, many national policymakers now recognize the central importance of entrepreneurship education and the building of financial institutions to promote long-term innovation, entrepreneurship, and economic growth. Drivers of Innovation brings together scholars from the United States and Asia to explore those education and finance policies that might be conducive to accelerating innovation and developing a more entrepreneurial workforce in East Asia.
Some of the questions covered include: How do universities in China and Singapore experiment with new types of learning in their quest to promote innovation and entrepreneurship? Is there a need to transform the traditional university into an “entrepreneurial university”? What are the recent developments in and outstanding challenges to financing innovation in China and Japan? What is the government’s role in promoting innovative entrepreneurship under the shadow of big business in South Korea? What can we learn about the capacity of services to drive innovation-led growth in India?
Drivers of Innovation will serve as a valuable reference for scholars and policymakers working to develop human capital for innovation in Asia.
Contents
- Educating Entrepreneurs and Financing Innovation in Asia
Fei Yan, Yong Suk Lee, Lin William Cong, Charles Eesley, and Charles Lee - Fostering Entrepreneurship and Innovation: Education, Human Capital, and the Institutional Environment
Charles Eesley, Lijie Zhou, and You (Willow) Wu - Entrepreneurial Scaling Strategy: Managerial and Policy Considerations
David H. Hsu - Innovation Policy and Star Scientists in Japan
Tatsuo Sasaki, Hiromi S. Nagane, Yuta Fukudome, and Kanetaka Maki - Financing Innovation in Japan: Challenges and Recent Progress
Takeo Hoshi and Kenji Kushida - Promoting Entrepreneurship under the Shadow of Big Business in Korea: The Role of the Government
Hicheon Kim, Dohyeon Kim, and He Soung Ahn - The Creativity and Labor Market Performance of Korean College Graduates: Implications for Human Capital Policy
Jin-Yeong Kim - Financing Innovative Enterprises in China: A Public Policy Perspective
Lin William Cong, Charles M. C. Lee, Yuanyu Qu, and Tao She - Forging Entrepreneurship in Asia: A Comparative Study of Tsinghua University and the National University of Singapore
Zhou Zhong, Fei Yan, and Chao Zhang - Education and Human Capital for Innovation in India’s Service Sector
Rafiq Dossani - In Need of a Big Bang: Toward a Merit-Based System for Government-Sponsored Research in India
Dinsha Mistree - The Implications of AI for Business and Education, and Singapore’s Policy Response
Mohan Kankanhalli and Bernard Yeung
Stanford Asia-Pacific Innovation
Entrepreneurship, Education, and Finance in Asia
Craig Allen began his tenure in Washington, DC, as the sixth President of the United States-China Business Council, a private, nonpartisan, nonprofit organization representing over 200 American companies doing business with China. Ambassador Allen began his government career in 1985 at the Department of Commerce’s International Trade Administration (ITA) where, from 1986 to 1988, he worked as an international economist in ITA’s China Office. In 1988, Allen transferred to the American Institute in Taiwan, where he served as Director of the American Trade Center in Taipei. He returned to the Department of Commerce for a three-year posting at the US Embassy in Beijing as Commercial Attaché in 1992. In 1995, Allen was assigned to the US Embassy in Tokyo where he was promoted to Deputy Senior Commercial Officer in 1998. Allen became a member of the Senior Foreign Service in 1999. Starting from 2000, he served a two-year tour at the National Center for APEC in Seattle where he worked on the APEC Summits in Brunei, China, and Mexico. In 2002, Allen first served as the Senior Commercial Officer in Beijing where he was later promoted to the Minister Counselor rank of the Senior Foreign Service. After a four-year tour in South Africa, Ambassador Allen became Deputy Assistant Secretary for Asia at the US Department of Commerce’s International Trade Administration. He later became Deputy Assistant Secretary for China. Ambassador Allen was sworn in as the United States ambassador to Brunei Darussalam on December 19, 2014 where he served until he transitioned to take up his position as President of the US-China Business Council.
James Green has worked for over two decades on U.S.-Asia relations. For five years, Green was the Minister Counselor for Trade Affairs at the U.S. Embassy in Beijing (2013-2018). As the senior official in China from the Office of the United States Trade Representative (USTR), Green was deeply involved in all aspects of trade negotiations, trade enforcement, and in reducing market access barriers for American entities. In prior government service, Green worked on the Secretary of State’s Policy Planning Staff and at the State Department’s China Desk on bilateral affairs. He also served as the China Director of the White House’s National Security Council. In the private sector, Green was a senior vice president at the global strategy firm founded by former Secretary of State Madeleine Albright and was the founding government relations manager at the American Chamber of Commerce in Shanghai, Asia’s largest AmCham. Currently, Green is a Senior Research Fellow at Georgetown University's Initiative for U.S.-China Dialogue on Global Issues and hosts a U.S.-China Dialogue Podcast. He was most recently named as 
Oriana Skylar Mastro is a Center Fellow at Stanford University’s Freeman Spogli Institute for International Studies (FSI). Within FSI, she works primarily in the Shorenstein Asia-Pacific Research Center (APARC) and the Center for International Security and Cooperation (CISAC) as well. She is also a fellow in Foreign and Defense Policy Studies at the 
