In the midst of preparing for the upcoming Inter-Korea Summit in June, the South Korean government and many North Korea experts struggle with how to manage this historic opportunity for breakthrough in the Korean peninsula. What happened behind closed doors to reach this agreement to have the summit meeting and what uncertainties lie along the way? What issues will be discussed at the summit? What will some of the challenges be in the post-summit era, not only in inter-Korean relations but in neighboring countries' policies toward the Korean peninsula? These questions and more will be discussed during this seminar. Dr. Kil has worked for the last four years in the Washington bureau of the Korean newspaper, Joong Ang Ilbo, closely monitoring the U.S.-North Korea talks. He is currently on leave for research at the Tokyo Foundation. Dr. Kil has a Ph.D. in political science from Yale University.

12.00 p.m. Mr. Noriaki OZAWA (Ministry of International Trade and Industry, Japan) What is Japan? A Look at Japan's Changing Sociocultural Identity. 12.20 p.m. Mr. Nobutake SHIRAI (Ministry of Post and Telecommunications, Japan) Internet Business in U.S. and Japan: A Comparative Study. 12.40 p.m. Mr. Raita SUGIMOTO (Toyota Motor Corporation, Japan) Reorganization of the Automobile Industry and its Impact on the Asian Market. 1.00 p.m. Mr. Takeo TAKIUCHI (The Patent Office, Japan) Entrepreneurship through Technology Transfer in Silicon Valley. 1.20 p.m. Mr. Kenji UCHIDA (The Kansai Electric Power Co., Inc., Japan) Setting Up New Ventures In-house at Kansai Electric Power Company. 1.40 p.m. Mr. Zhi-Jie ZENG (CITIC Pacific, Hong Kong) China's WTO bid and the Effect on China's Internet Business. Research Introductions: Mr. Yong-Ky EUM (Hyundai Heavy Industry, Korea) Mr. Jiang FENG (People's Bank of China, PRC) Ms. Xiaohui ZHANG (People's Bank of China, PRC)

John Wilson Lewis, William Haas Professor Emeritus of Chinese Politics at Stanford University, is one the founders of the field of contemporary China studies. After receiving a doctorate from UCLA, he taught at Cornell University before coming to Stanford in 1968. He founded and directed Stanford's Center for East Asian Studies, as well as the Center for International Security and Arms Control, and the Northeast Asia-United States Forum on International Policy (now Shorenstein APARC). He currently directs the Project on Peace and Cooperation in the Asian-Pacific Region. Professor Lewis has written widely about China, Asia, and security matters. Many of his works have long been required reading for students of Chinese politics, especially his still often cited Leadership in Communist China. His edited volumes include: The City in Communist China, Party Leadership and Revolutionary Power in China, Peasant Rebellion and Communist Revolution in Asia, and Next Steps in the Creation of an Accidental Nuclear War Prevention Center. His history of the Chinese nuclear weapons program, China Builds the Bomb, written with Xue Litai, is published both in English (by Stanford University Press), and, in Chinese, by the Atomic Energy Press in Beijing. He has also co-authored Uncertain Partners: Stalin, Mao, and the Korean War and China's Strategic Seapower: The Politics of Force Modernization in the Nuclear Age. In addition to his work at Stanford, John Lewis has served on the Committee on International Security and Arms Control of the National Academy of Sciences, the Joint Committee on Contemporary China of the Social Science Research Council, and the National Committee on U.S.-China Relations. He has been a consultant to the Senate Select Committee on Intelligence, Los Alamos National Laboratory, and the Department of Defense, and is currently a consultant to Lawrence Livermore National Laboratory and the Office of Technology Assessment, U.S. Congress. He has made numerous visits to the People's Republic of China (PRC), Japan, the Democratic People's Republic of Korea, and the Soviet Union/Russian Federation.

The fact that software companies can be started with little more than a few programmers and their PCs has generated great interest in countries around the world looking for ways to get into the high-tech boom as part of their economic development strategy. Avron Barr and Shirley Tessler have been studying the Korean software industry in the context of their ongoing research on the worldwide software industry, looking for strategies that might help Korea develop her competitive strengths. They have looked at all aspects of the industry: software education, financial institutions and new business creation, habitat for startup companies, the domestic market, and global niche strategies. A summary of their findings and some possible recommendations will be discussed. Since 1994, Avron Barr and Shirley Tessler have been conducting SCIP's study of the worldwide software industry with Professor William F. Miller. They are also the principals of Aldo Ventures, Inc., a strategy consulting firm for software organizations. Avron studied Computer Science at Stanford, edited the four-volume Handbook of Artificial Intelligence, co-founded a Silicon Valley software start-up in 1981, and served as Marketing Director for a software publisher. Shirley also studied Computer Science at Stanford, and has an MBA from Wharton. She spent 16 years in corporate finance and M&A before joining Aldo Ventures in 1991. Together they have consulted with dozens of software companies and IT shops on the commercial application of advanced software technology and on the software industry.

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.