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In this session of the Shorenstein APARC Corporate Affiliate Visiting Fellows Research Presentations, the following will be presented:

Hironori Iwane, "Smart Grid Strategies Concerning Renewable Energies in the United States and Japan"

The topic of Smart Grid has become more and more popular because technologies concerning it are effective for efficiency improvement and renewable energy increase in electric power systems. However, Smart Grid is an ambiguous term and its meanings vary with different audiences. Therefore, it is increasingly difficult to identify what Smart Grid is or understand the potential benefits or concern for future electric power systems. As the result, grasping strategies for future electric power systems is complicated. This research focuses on clarifying the future strategies for electric power systems in ambiguous renewable and Smart Grid circumstances.

Daiju Nakahashi, "Current and Future Trends of the Smart Grid in the U.S. and Japan - A Study of New Business Opportunities"

The Smart Grid is a next generation power grid that controls the supply and demand of electricity by using advanced information and communications technology. The Smart Grid is considered revolutionary in the power industry - just as the Internet was to the IT industry. In recent years, worldwide interest in the Smart Grid has increased due to its close relationship to renewable energy. In particular, the interest in the United States has grown significantly since the Obama administration unveiled its plan to invest heavily in the Smart Grid. Nakahashi's research in the Smart Grid examines current trends in the United States and Japan and analyzes opportunities for new businesses.

Tomohiro Yamaguchi, "Mobile Industry in the U.S. and Japan:  The Differences and Direction in Each Country"

With the rise of smartphones, such as the iPhone and Android phone, the mobile internet market is dramatically growing in the United States. In Japan, on the other hand, the closed nature of the market is seen as a problem, which is sometimes called "Galapagos", with the negative connotation of the nature. Yamaguchi considers the difference between both markets, and attempts to answer the questions -"Which market is leading?" and "How much is it leading?" Finally, Yamaguchi will conjecture the direction of the future.

Philippines Conference Room

Hironori Iwane Kansai Electric Power Company Speaker
Daiju Nakahashi Sumitomo Corporation Speaker
Tomohiro Yamaguchi Sumitomo Corporation Speaker
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In this session of the Shorenstein APARC Corporate Affiliate Visiting Fellows Research Presentations, the following will be presented:

Hirofumi Takinami, "Political Economy of the Financial Crises in Japan & United States - A Comparative Study on the Bailout of Financial Institutions"

Currently, the United States is suffering from a financial crisis.  Japan has struggled with a financial crisis from the late 1990's to the early 2000's.  What implications can be drawn from these crisis experiences of the two largest economies in the world?  As one part of a collaborative research with Professor Phillip Lipscy on "Policy Innovation in Japan and the United States:  A Comparative Study of Response to Finiancial Crises", Takinami analyzes which elements are crucial in the use of bailout of financial institutions as a means to address financial crises.  Stressing that taxpayers' understanding and market sentiment are key, he makes arguments especially on the "learning effect" of Japanese financial crisis and the importance of action by the national leader and his/her secretarial organizations.

 

Takashi Uchida, "Comparative Research Study of Manufacturing Between the United States and Japan"

Manufacturing consists of upstream (raw material suppliers), middle stream (casting, dyes, metal press, etc.) and downstream (automobile companies, machinery companies, and electric companies).  To accurately view the structure of manufacturing as "supply chain", Uchida analyzes where manufacturing value comes from.  In particular, Uchida takes a look at the automobile market, comparing the difference between manufacturing in Japan and the United States.

 

Zheng Wang, "Valuation and Integration of Intangible Assets in Mergers and Acquisitions"

In modern economies, a large proportion of a company's assets tend to be intangible, such as brand names.  Intangible assets have become one of the key factors behind a company's competitive strength.  In particular, obtaining a target's intangible assets has been the major driving force in M&A activities during the past years.

M&A for intangible assets tends to be more complicated than for tangible assets, mainly due to the challenges in terms of valuation and post-deal integration.  In this research presentation, Wang analyzes some special issues in valuation and integration of intangible assets in M&As, and tries to draw useful lessons on M&A for intangible assets through case study.

Philippines Conference Room

Hirofumi Takinami Ministry of Finance, Japan Speaker
Takashi Uchida Ministry of Economy, Trade & Inudustry, Japan Speaker
Zheng Wang PetroChina Company Speaker
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Daniel and Nancy Okimoto Conference Room

Masahito Sugita Corporate Affiliate Visiting Fellow Speaker
Suguru Taguchi Corporate Affiliate Visiting Fellow Speaker
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A workshop on desgining and delivering effective oral presentations.

Philippines Conference Room

Dr. Doree Allen Program Director at Oral Communication Program, Stanford University Speaker
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A workshop on designing and delivering effective oral presentations.

Philippines Conference Room

Dr. Doree Allen Program Director at Oral Communication Program, Stanford University Speaker
Seminars
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Associate Professor Jae-Seung Lee from Korea University, Division of International Studies will be leading the seminar on energy security and cooperation in Northeast Asia (including East Asia).

Professor Lee holds a B.A. in political science from Seoul National University (1991) and an M.A (1993) and PhD (1998) in political science from Yale University. He also earned a certificate from the Institut D'Etudes Politiques de Paris in France in 1995.

Before joining the faculty of Korea University, he had served as a professor at the Institute of Foreign Affairs and National Security (IFANS), the Ministry of Foreign Affairs and Trade. As a scholar in international political economy, he authored a number of books and articles on Korea, East Asia, and Europe. His current research includes energy security and energy diplomacy of Korea, among others. Prof. Lee has directed the Korea Energy Forum (KEF), an interdisciplinary energy research initiative, and conducted a number of energy projects with UNESCAP and the Ministry of Foreign Affairs and Trade. He has taught at Yale University, Seoul National University, and Korea University.

Stanford University

Jae-Seung Lee Associate Professor Speaker Korea University, Division of International Studies
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While most Asian economies rode out the recession fairly well, disturbing human development statistics across the region persist. Rapidly increasing wealth is not being shared, and women and minority populations are often the most at risk of falling behind, especially in South Asia.

Barbara Crossette, a former foreign correspondent for The New York Times, is the author of several books on Asia, including So Close to Heaven: The Vanishing Buddhist Kingdoms of the Himalayas, published by Alfred A. Knopf in 1995 and in paperback by Random House/

Vintage Destinations in 1996, and a collection of travel essays about colonial resort towns that are still attracting visitors more than a century after their creation, The Great Hill Stations of Asia, published by Westview Press in 1998 and in paperback by Basic Books in 1999. In 2000, she wrote a survey of India and Indian-American relations, India: Old Civilization in a New World, for the Foreign Policy Association in New York. She is also the author of India Facing the 21st Century, published by Indiana University Press in 1993.

The Great Hill Stations of Asia was a New York Times notable book of the year in 1998. Conde Nast Traveler named it a Book of the Month.

Ms. Crossette is now United Nations correspondent for The Nation and a freelance writer on foreign policy and international affairs. Most recently she was a co-author with George Perkovich of a section on India in the 2009 book Powers and Principles: International Leadership in a Shrinking World. Her articles and essays have appeared periodically in World Policy Journal, published at the New School University in New York. Among her recent articles for the Journal are "Southeast Asia: A Reckoning Looms" [Fall 2006], on recent stumbles in a region that was once a shining model for the developing world; "Who Killed Zia? [Fall 2005], examining the continuing mystery of the death of a former Pakistani president and why the US keeps the records secret; "Hurting the World's Poor in Morality's Name" [Winter 2005], a look at the damaging Bush legacy in global social policies; "India's Sikhs: Waiting for Justice" [Summer 2004], an account of how and why politicians evade responsibility for massacres of minority groups; "What the Poets Thought: Antiwar Sentiment in North Vietnam" [Spring 2003], exclusive interviews with dissident writers who were repressed and imprisoned during the 'American' war; "Sri Lanka: In the Shadow of the Indian Elephant" [Spring 2002], an analysis of terrorism in Sri Lanka and its challenge to both Indian and, lately, American policymakers, and "Killing One's Progeny: America and the United Nations" [Fall 2002].

"Will John Bolton Ruin the UN?" an article published in Foreign Policy, in the July/August 2006, presaged the campaign that led to the resignation of the ambassador.

Ms. Crossette was The New York Times bureau chief at the United Nations from 1994 to 2001. She was earlier a Times chief correspondent in Southeast Asia and South Asia and a diplomatic reporter in Washington. She has also reported from Central America, the Caribbean and Canada, and been deputy foreign editor and senior editor in charge of the Times’ weekend news operations. Before joining newspaper paper in 1973, Ms. Crossette worked for The Evening and Sunday Bulletin in Philadelphia and The Birmingham Post in Birmingham, England.

In 1991, Ms. Crossette won the George Polk Award for foreign reporting for her coverage of the assassination in India of a former prime minister, Rajiv Gandhi. In 1998, she won the 25-year achievement award of The Silurians, a society of New York journalists, and the award for international reporting from InterAction, a coalition of more than 150 international nonprofit aid and development organizations. In 1999, she received the Business Council of the United Nations’ Korn Ferry Award for outstanding reporting on the organization, and in 2003 the United Nations Correspondents’ Association’s lifetime achievement award.

In 2008, Ms. Crossette was awarded a Fulbright prize for her contributions to international understanding.

Ms. Crossette has been a member of the adjunct faculty of the Columbia University Graduate School of Journalism, and in 1980-81 was a Fulbright teaching fellow in journalism at Punjab University in Chandigarh, India. In 1994, she was the Ferris Visiting Professor on Politics and the Press at Princeton University, and later taught a seminar on writing on international affairs for Bard College. In 2003, she led an advanced workshop in journalism at the Royal University of Phnom Penh for writers and editors from Vietnam, Cambodia, Laos and Burma. In 2004-2005 she worked with journalists in Brazil as a Knight International Press Fellow.

Born in Philadelphia on July 12, 1939, Ms. Crossette received a B.A. in history and political science from Muhlenberg College in 1963. She is a member of the Council on Foreign Relations and the Women’s Foreign Policy Group.

She lives in Bucks County, Pennsylvania, where her writing on colonial era inns led to her being named founding editor in 1980 of the guidebook America's Wonderful Little Hotels and Inns.
 

The Shorenstein Journalism Award, which carries a cash prize of $10,000, honors a journalist not only for a distinguished body of work, but also for the particular way that work has helped American readers to understand the complexities of Asia. It is awarded jointly by the Walter H. Shorenstein Asia-Pacific Center in the Freeman Spogli Institute at Stanford University, and the Shorenstein Center on Press, Politics and Public Policy in the Kennedy School of Government at Harvard University. This year’s recipient is Barbara Crossette.

Paul Brest Hall
Building 4, 555 Salvatierra Walk
Stanford, CA 94305

Barbara Crossette Former foreign correspondent for South Asia Speaker New York Times
Seminars
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Joseba Zulaika is Professor at the Center for Basque Studies at the University of Nevada, Reno. Professor Zulaika holds a Ph.D. in Anthropology from Princeton University. His most recent publications include Terrorism: the Self-Fulfilling Prophecy (Chicago: University of Chicago Press, 2009), and Contraterrorismo USA: profecía y trampa (Irun: Alberdania, 2009). Professor Zulaika’s ongoing research addresses the Bilbao Guggenheim Museoa and the ethnography of Bilbao with additional emphasis on global culture, architecture, museum politics, and tourism industries. His primary research interests include Basque culture and politics, the international discourse of terrorism, various traditional occupations (fishermen, hunters, farmers), diasporic and global cultures, history of anthropological thought, and theories of symbolism, ritual, and discourse.

Sponsored by the Iberian Studies Program at the Forum on Contemporary Europe, and the Department of Iberian and Latin American Cultures at Stanford University.

CISAC Conference Room

Joseba Zulaika Professor, Center for Basque Studies Speaker University of Nevada, Reno
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Abstract
Social science interpretations of the meltdown emphasize system characteristics such as complexity and coupling, and/or culture as in neo-institutional theories.  Examining regulatory changes, regulatory agents, elected representatives, firms and the many warnings, I argue that the role of human agents has been greatly neglected. Building on earlier work on "executive failure" I offer an agentic interpretation that is missing from both of the social science interpretations. Structure (systems) and culture (neo institutional theory) are valuable but incomplete.

Charles Perrow is an emeritus professor of sociology at Yale University and a visiting professor at CISAC in the winter and spring terms. Among his award-winning research is Organizing America: Wealth, Power, and the Origins of American Capitalism (Princeton, 2002), and Normal Accidents: Living with High Risk Technologies (Princeton, 1999). His recent articles include "Modeling Firms in the Global Economy," Theory and Society, 2009, v 38:3, May, 217-243, "Organizations and Global Warming," in Constance Lever-Tracy, ed. Handbook of Society and Climate change (Routledge, forthcoming, 2010), "Complexity, Catastrophe, and Modularity," Sociological Inquiry 78:2, May 2008 162-73; "Conservative Radicalism," Organization 15:2 2008 271-77; "Disasters Evermore? Reducing our Vulnerabilities to Natural, Industrial, and Terrorist Disasters," Social Research 75:3 Fall, 2008. His recent membership on a National Academy of Science panel on the possibilities of certifying software led to his current work on cyber security. He is also writing on the economic meltdown, but his major interest now is the institutional/organizational aspects of global warming. He received his BA, MA, and PhD from the University of California, Berkeley, all in sociology.

Kenneth Arrow is the Joan Kenney Professor of Economics and Professor of Operations Research, emeritus; a CHP/PCOR fellow; and an FSI senior fellow by courtesy. He is a Nobel Prize-winning economist whose work has been primarily in economic theory and operations, focusing on areas including social choice theory, risk bearing, medical economics, general equilibrium analysis, inventory theory, and the economics of information and innovation. He was one of the first economists to note the existence of a learning curve, and he also showed that under certain conditions an economy reaches a general equilibrium. In 1972, together with Sir John Hicks, he won the Nobel Prize in economics, for his pioneering contributions to general equilibrium theory and welfare theory.

Arrow has served on the economics faculties of the University of Chicago, Harvard and Stanford. Prior to that, he served as a weather officer in the U.S. Air Corps (1942-46), and a research associate at the Cowles Commission for Research in Economics (1947-49). In addition to the Nobel Prize, he has received the American Economic Association's John Bates Clark Medal. He is a member of the National Academy of Sciences and the Institute of Medicine. He received a BS from City College, an MA and PhD from Columbia University, and holds approximately 20 honorary degrees.

Reuben W. Hills Conference Room

Charles Perrow CISAC Visiting Professor Speaker
Kenneth Arrow Joan Kenney Professor of Economics and Professor of Operations Research, Emeritus and CHP/PCOR Fellow; FSI Senior Fellow by courtesy Speaker
Seminars
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