Structural Change and the Future of Indian Agriculture
Binswanger-Mkhize's talk will look at past and likely future agricultural growth and rural poverty reduction in the context of the overall economy of India, in which growth has accelerated sharply since the 1980s, but agriculture still has not followed suit. Despite slow growth, urban-rural consumption, income and poverty differentials have not risen. This is because urban-rural spillovers have led to a sharp acceleration of rural non-farm growth and income. Binswanger-Mkhize proposes an optimistic vision can be realized if agricultural growth accelerates, high and widely shared economic growth leads to strong spillovers to the rural economy, and the rural non-farm sector continues to flourish. This would enable the rural sector to keep up with income growth in the urban economy and rural poverty would rapidly decline. However, if agricultural growth fails to accelerate, and overall economic growth falters, a more pessimistic vision is also possible. Binswanger-Mkhize will also discuss the role of prices and wages in determining agricultural growth, rural poverty and nutrition, and the two interlinked income parity issues: rural-urban and agricultural-non-agricultural incomes parity.
Marianne Banziger, Deputy Director, Research & Partnership at International Maize and Wheat Improvement Center (CIMMYT) will provide commentary.
Bechtel Conference Center
Innovation in the Cloud: How Cloud Computing is Changing the Landscape of Entrepreneurship and Innovation
Download the podcast and listen to executives and entrepreneurs from the Valley sharing their insights on how they are building successful businesses which leverage cloud computing to re-shape their industries, from enterprise solutions to mobile consumer applications, in this featured event at Stanford Graduate School of Business for Stanford's annual Entrepreneurship Week.
About the panel discussion
“Cloud makes it easier and cheaper than ever for anyone anywhere to be an entrepreneur and to have access to all the best infrastructure of innovation”, noted Jeff Weiner, CEO of LinkedIn.
By reducing IT design and deployment costs significantly, enabling greater access to data and services across geographies, and harnessing flexible computing power, cloud enables innovation in firms and fuels a start-up boom across the globe. CHAIN and SPRIE are pleased to present a panel of executives, investors and entrepreneurs to share their insights about building successful businesses by leveraging cloud computing.
PANELISTS
James Dai, CEO and founder of CalmSea Inc.
Jim Dai, Chief Executive Officer, CalmSea
Jim is the CEO and founder of CalmSea Inc., a provider of business optimization solutions for retailers. Jim has 25 years of experience in software industry, with a proven track record of delivering quality product and services to customers. Before founding CalmSea Inc, Jim was an entrepreneur-in-residence at Altos Ventures. Prior to that, Jim was the Sr. Vice President of Products for DemandTec, responsible for Product Management, Engineering, Operations, Customer Support and IT. Jim was instrumental in DemandTec’s successful IPO in 2007. Prior to joining DemandTec, Jim held executive management positions at Siebel, Vivant!, DoubleTwist, Informix and Oracle.
Jim holds a Bachelor Degree in Computer Science from the University of California, Berkeley and a Master Degree in Management from Stanford University.
Sam Ghods, Vice President of Technology, Box.com
Sam Ghods, Vice President of Technology, Box.com
Sam Ghods is the Vice President of Technology at Box, where he manages the design and architecture of Box's application and technology stack. Prior to joining Box, Sam was a developer at essembly.com, which is now part of Project Agape. Before essembly.com, Sam was the lead developer at zexsports.com, where he was responsible for development, server management, and architecture.
Sam attended the University of Southern California, where he studied computer engineering and computer science for two years before joining Box in 2006.
Ken Oestreich, Senior Director of Marketing, EMC
Ken Oestreich, Senior Director of Cloud and Virtualization Marketing, EMC
Ken Oestreich is Sr. Director of Cloud and Virtualization Marketing at EMC. With over 20 years in enterprise software and data center technology, he is now helping EMC define the market for cloud computing and IT transformation.
Prior to EMC Ken was with Egenera Inc, a data center infrastructure play (funded by Pharos Capital and Kodiak Venture Partners) and Cassatt Corp, a data center automation startup (funded through Warburg Pincus). Earlier in his career, he was with Sun Microsystems in various new product management capacities. Ken also helped found the Liberty Alliance, an industry-wide body defining federated identity standards for the internet.
Ken began his career in Electrical Engineering, controlling adaptive optics with Litton Industries. He holds a BSE in Electrical Engineering from the University of Pennsylvania and an MBA from Columbia University.
He frequently blogs at fountnhead.blogspot.com and tweets as @fountnhead.
Cindy Padnos, Founder and Managing Director, Illuminate Ventures
Cindy Padnos is the founder and managing partner of Illuminate Ventures, an early stage, high-tech venture capital firm. Illuminate invests in start-ups leveraging new technologies and business models, with a focus in the fast growing category of cloud computing. Current investments and board seats include BrightEdge, CalmSea, Hoopla and Xactly Corporation.
Named by Fast Company as one of the Most Influential Women in Technology in 2010 and by the San Francisco Business Times as one of the Most Influential Women in Business in the Bay Area in 2011, Cindy has been helping accelerate emerging technology companies for over 25 years - as an entrepreneur, advisor, investor and board member. She has raised and deployed more than $100 million in venture funding to help launch dozens of innovative start-ups and bring them to successful outcomes.
Cindy is an advisor to Astia and Project Olympus and sits on the Business Board of Advisors for Carnegie Mellon University’s Tepper School of Business where she received her MBA/MSIA.
Robert Scoble, Start-up liaison, Rackspace; Blogger of 'Scobleizer'
Robert Scoble is a blogger, technology evangelist, and author. Scoble is best known for his blog, Scobleizer, which came to prominence during his tenure at Microsoft from 2003-2006, and he was one of the five guys who started Microsoft's famous Channel9 video community. Subsequently, he worked for Fast Company as a video blogger. He currently works at Rackspace as Startup Liaison Officer through the sponsored content and social networking site building43.com. He is the co-author of Naked Conversations: How Blogs are Changing the Way Businesses Talk with Customers. Described by The Economist as a “minor celebrity among geeks worldwide who read his blog religiously”, Scoble has the distinction of followcost.com naming a unit of measurement to quantify how annoying it will be to follow someone on Twitter as the “milliscoble.”
About the organizers
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About Entrepreneurship Week (E-Week) at Stanford
Stanford E-Week
N302, Oberndorf Event Center
3rd Floor, North Building (above Arbuckle Dining Pavilion)
Knight Management Center, Stanford Graduate School of Business
655 Knight Way, Stanford, CA 94305-7298
N302, Oberndorf Event Center
3rd Floor, North Building (abo
Q&A: Stanford’s Cuéllar and US diplomat on human rights and the Internet
As the Internet evolves, people around the world have faster, easier ways to connect. Innovative plans and economic opportunities are being hatched online, but so are ideas that challenge governments. Voices of dissent are amplified by social media tools like Facebook, Twitter and YouTube, leaving some countries confused about how to balance free expression rights against perceived threats to national security and government stability.
Working with the Center for International Security and Cooperation at Stanford’s Freeman Spogli Institute for International Studies, Eileen Donahoe is trying to make government officials feel more comfortable with online technology. Donahoe, the U.S. ambassador to the United Nation’s Human Rights Council, recently brought about 35 diplomats from around the world to Stanford. The group met with academics, Internet developers and technology business leaders to address the questions posed by a free and open Internet.
“I know the technology feels mysterious and challenging,” says Donahoe, who was an affiliated scholar at CISAC before becoming an ambassador. “So part of what we tried to do was demystify it. But we also conveyed the message that you’re not going to control technological change. And you’d better get used to it. It’s part of our world.”
In the following interview, Donahoe and CISAC co-director Mariano-Florentino Cuéllar discuss the challenges and potential promised in the online frontier.
Why did you arrange this meeting of diplomats in Silicon Valley?
Donahoe: Some ambassadors who are otherwise very committed to human rights have started to feel that the protections for freedom of expression and freedom of assembly could be weakened or lessened when you bring technology into the mix. There was a sense that governments could legitimately squelch free speech and free assembly when it happened in the online world. That’s a problem because so much of what happens today happens online. The Internet is now so central to the ability to speak freely. It was our responsibility to call them out and make them understand that technology should not change the equation in the protection of human rights.
How has the Internet changed the way we need to think about human rights and free expression?
Donahoe: In some ways, it hasn’t changed anything – free speech is free speech. But new technology has created new media, and that’s all changing at an exponential pace. People are being required to adjust in timeframes that were unimaginable before, and governments can’t keep up. Individuals can hardly keep up. It’s the pace and innovation that’s challenging. But there’s no change in our responsibility to protect the longstanding values of free expression.
What does a free and open Internet have to do with global security?
Cuéllar: Some governments lack a commitment to basic rights and the rule of law. Technology can help people respond by raising their voices. They can organize and respond when their own government threatens citizens’ security. Cyber technologies can also empower law enforcement officials, intelligence agencies and armed forces, raising fundamental questions about the role of government and the nature of conflict in the years to come. The Internet is an evolving technology that reflects vulnerability and enormous potential. Societies depend on government and private sector systems that face a variety of threats. For all these reasons, the future of cyberspace is an important security issue at the very center of our agenda at CISAC.
Why do some governments feel threatened by the Internet?
Donahoe: It comes from the volume of voices you can have online. It comes from the pace of change. And there’s another aspect to online technology that’s intriguing: It is inherently democratizing. Citizens are becoming journalists. Anyone with a cell phone can broadcast live to the planet anything they’re observing. That can be threatening, but I believe it’s ultimately going to be a very positive force for transparency and government accountability.
How do you convince governments worried about those threats that open Internet access is ultimately in their best interest?
Cuéllar: If the leaders of a state see it merely as a vehicle for control and stability, then much of the technology we have been discussing will appear profoundly threatening. States seeking to build or maintain lasting institutions capable of meeting the needs of their citizens will tend to take a different approach, focused on the value of the public’s feedback and participation in governance.
Donahoe: A compelling point – especially for developing countries that may not otherwise place emphasis on the benefits to freedom from technology – is the recognition that there’s an economic upside to a free and open Internet. It can be framed as a development issue. Many government leaders can see that the future of all our economies is so intricately connected to this technology that if they try to squelch or shut down Internet development for political reasons, there will be dramatically negative effects for their economies. And that will lead to political problems. The economic value isn’t my primary human rights emphasis, but it helps to remind governments they run the risk of shutting themselves out of economic development if they don’t get comfortable with the technology.
What role, if any, should governments play in regulating the Internet?
Donahoe: Governments do need to play a role in regulation, just as they do in the offline world. But just because technology is brought into the equation doesn’t mean governments and regulators should be free to regulate too broadly or without concern for the costs to freedom. Just like in the offline world, regulation must be narrowly tailored and serve important government interests. Part of the challenge comes from the sense that governments can’t keep up with the technological advances. So they’re inclined to regulate more – and more bluntly – rather than in a more tailored way. This is where governments need to get more sophisticated about how to adjust to technological change.
What do policymakers need to know and understand before passing regulations?
Cuéllar: The future of cyberspace implicates security, economic development and the protection of civil and political rights – and all of these challenges are deeply interrelated. A country's decision to restrict certain forms of Internet traffic can discourage economic innovation. Internet access in poor communities can lead to new economic opportunities, changing the larger context in which governance and security problems arise. It is crucial to recognize these connections as societies think through the future of cyberspace.
Katsunori Hirano envisions a sustainable future
South of Mount Fuji, along Japan’s central eastern coast, sits Shizuoka Prefecture. Home to green tea plantations, hot springs resorts, and Yamaha pianos and motorcycles, Shizuoka Prefecture is a vibrant agricultural, tourist, and manufacturing region. It is also home to Katsunori Hirano, a current Corporate Affiliates Visiting Fellow at the Shorenstein Asia-Pacific Research Center (Shorenstein APARC).
Last year’s Fukushima nuclear disaster has inspired him to explore ways for Japan to reduce its dependency on nuclear energy. Under the direction of political science professor Phillip Lipscy, Hirano is currently researching incentive mechanisms for financing energy efficiency and renewable energy in place in the United States.
At the very beginning of his UD program, Hirano learned about the distinction between “economic growth” and “development.” “People tend to use the Japanese-language terms interchangeably,” he says.
He is currently exploring case studies from Costa Rica and Bhutan—two countries that have been successfully managing biodiversity—in his search for sustainability models. He says the United States also offers a variety of practical examples of environmental and social sustainability. This year, Hirano plans to study the lifestyle of Amish villagers in Pennsylvania.
Hirano also actively participates in Shorenstein APARC-organized visits to local companies and government organizations such as Facebook and San Francisco City Hall. He says that such site visits help broaden his thinking about innovation and sustainability.
Hirano will continue taking Stanford courses related to his research, attending on-campus workshops and seminars, and speaking with the many people he meets through his campus activities. “Stanford’s extraordinary breadth of teaching and research resources is just wonderful. To me, the learning opportunities that Stanford offers are limitless,” he says, adding that the value of in-person learning far outweighs book-based knowledge.
As Hirano pursues his research at Stanford on energy efficiency and renewable energy and searches for a redefinition of sustainable development, he hopes Japan will begin to pursue social-based development. “I believe that the challenges posed by the Fukushima experience will help inspire Japan to lead the world in creating a sustainable future for generations to come.”
Signs of growth in post-Fukushima Japan, say Stanford experts
Nearly a year has passed since an earthquake triggered a tsunami that swept away entire communities on Japan’s northeastern coast, leading to a series of accidents at the Fukushima nuclear complex. Since the March 11 disaster, Japan is experiencing a growing sense of community, and it faces a potential opportunity for innovation in the energy industry and economy. Masahiko Aoki and Kenji E. Kushida discuss post-March 11 developments, and a related conference at Stanford scheduled for February 27.
Aoki is the Henri and Tomoye Takahashi Professor Emeritus of Japanese Studies, and director of the Japan Studies Program at the Shorenstein-Asia Pacific Research Center at Stanford University.
Kushida is the Takahashi Research Associate in Japanese Studies at Shorenstein APARC, and a Stanford graduate (BA ’01, and MA ’03).
One Year After Japan's 3/11 Disaster will bring together experts from Stanford, Japan, and Europe for a discussion of the major economic, political, energy, and societal challenges and growth in post-Fukushima Japan.
Looking back a year later, what do you think are important lessons we can learn from March 11?
Masahiko Aoki: Japan has often faced disasters leading to the complete destruction of cities and enormous losses of life. In the last century alone, there was the great Tokyo earthquake of 1923; wartime damage in Hiroshima, Nagasaki, and other metropolitan areas; the Kobe earthquake of 1995; and so on. Each time, Japan rebuilt its life and infrastructure anew. Accepting the reality of a disaster and making efforts to rebuild is in a sense deeply embedded in Japan’s collective DNA. However, the March 11 disaster was not only just a natural disaster. People are now well aware that there were lots of elements of human and institutional error in terms of preparing for and coping with natural disasters. Recent geographical studies and historical documents reveal that large-scale earthquake-tsunami disasters comparable to March 11 have occurred four times in the last 4,000 years. It provides Japan with a good opportunity for thinking about how to build sustainable societies and cities.
Kenji Kushida: Big shocks always cause big changes, and the type of change depends on the kind of shock. With March 11, there was the human tragedy of people literally getting washed away. It also raised the question of how to restructure energy markets, which is an area where outcomes in Japan can affect worldwide restructuring. This particular shock then is triggering a whole set of fairly slow moving, but very transformative changes that could take place over the next few years.
What trends are we seeing in Japan’s energy industry now, and what are the implications for Japan’s future energy policy?
Aoki: When I flew into Tokyo the day after the great earthquake, the city was quite dark. But by the summertime, it was not only lit up, but there was a blue hue to the light—this was due to the wide adoption of energy-efficient LED lighting. Even with the nuclear plants down and 25 percent of the electric capacity gone, there were no major blackouts thanks to energy-saving measures. This kind of incident motivates people to explore ways to innovate the energy industry. For example, Japan’s energy-efficient auto industry took off in the late 1970s in reaction to the Oil Shock.
Japan’s energy industry is currently run by regional monopolies. Tokyo Electric Power Company (TEPCO), for example, monopolizes everything from power generation to retail distribution. In the past, there had been an attempt to break up the different parts of the power monopolies into separate entities. But only a bit of reform was made because of very strong resistance from TEPCO. Now TEPCO is on the verge of insolvency, so Japan has a very good chance to restructure its power industry. People are again starting to think about breaking up the regional monopolies and about innovation, which several experts will discuss during our conference.
Kushida: We will also draw on Stanford’s being in California to think about how to prevent Enron-style market manipulation and rolling blackouts from happening in Japan. A lot of it has to do with the rules and regulations that create an energy market. In the tsunami-devastated areas of Japan, there is also a tremendous opportunity for ground-up investment in new forms of energy. Silicon Valley technologies and companies can help design the next generation of renewable, sustainable energy systems in those areas.
In Japan, there is a sense that people have rediscovered their ties to one another after the disaster.
-Masahiko Aoki, Director, Japan Studies Program
During the recovery, many Japanese citizens demonstrated a remarkable strength and collaborative spirit. Has this changed?
Aoki: Annually on New Year’s Day in Japan, a high-level Buddhist priest writes the calligraphy for a word representing the spirit of the people. This year he wrote “絆”—“bond” (kizuna)—signifying the ties both among Japan’s citizens, and between Japanese and the generous help and aid that poured in after March 11.
In Japan, there is a sense that people have rediscovered their ties to one another after the disaster. Before March 11, there was some worry that young people were not so concerned about others and about tradition. Many young people now want to become volunteers, and there is also a better sense of community.
What has the impact been on Japan’s economy, and what are the prospects for recovery?
Aoki: There is an increasing awareness that Japan cannot sustain the same kinds of export-oriented, manufacturing-based industrial structures it has over the past decades.
Since 2007, Japan’s net foreign exchange receipts from royalties, investments, and the like have exceeded those from trade. The economic structure is becoming less export oriented, so the March 11 disaster might trigger the acceleration of a more domestic-oriented economy. It might also lead to an increase in foreign direct investment, prompted in part by population aging and partly by appreciation of the yen. Japan will become more domestic market oriented, while at the same time more internationally active. A lot next year depends on what will happen with Europe’s economy, but otherwise the prospect for Japan’s GDP is not bad because of reconstruction demand.
Kushida: Recovering from March 11 presents a potentially more productive experience than the 2008 global financial crisis. In 2008, Japan’s exports dropped dramatically for a few months and then there was a sharp recession that recovered quickly. There was not a whole lot that people or companies could do, other than adjust to the potential decline. March 11 provides more opportunities for innovation at the company and individual level.
As it is finding growth in the domestic market, Japan has been criticized lately for being “inward-looking.” But two things from this latest crisis are contributing to looking outward a little more. One is the sense of vulnerability and transience, so strengthening Japan’s economic base becomes a much more urgent matter. The second is that in the aftermath of the euro crisis, the very strong yen has also led to a huge move toward outward acquisitions that are becoming integrated with the domestic economy.
Joseph L. C. Cheng
Walter H. Shorenstein
Asia-Pacific Research Center
616 Serra St., Encina Hall C302-23
Stanford University
Stanford, CA 94305-6055
Research Interests
Asia-Pacific and global competitiveness; national innovation and technology policies; foreign R&D investment; strategy and organization design for transnational firms.
Professional Biography
Joseph L. C. Cheng joins the Walter H. Shorenstein Asia-Pacific Research Center (Shorenstein APARC) in 2012 from the University of Illinois at Urbana-Champaign where he is currently professor of international business and director of the CIC Center for Advanced Study in International Competitiveness. CIC (Committee on Institutional Cooperation) is the nation’s primer consortium of top-tier research universities in the Midwest, including the Big Ten Conference members and the University of Chicago.
During his time at Shorenstein APARC, Cheng will conduct research on the international competitiveness of multinational firms from the Asia-Pacific, with a focus on the JACKS countries (Japan, Australia, China, Korea, and Singapore). The project has two main objectives: (1) to identify the key competitive advantages of the JACKS countries both individually and collectively as a cluster of economies; and (2) to investigate how indigenous firms from the JACKS countries internationalize and leverage home-based advantages to enhance their competitiveness overseas. The research findings will be reported in a forthcoming book that Cheng is currently writing: Asia-Pacific and the JACKS Multinationals: Economics, Culture, and International Competitiveness.
Cheng is a consulting editor for the Journal of International Business Studies and senior editorial consultant to the European Journal of International Management. He is also a guest editor for an upcoming special issue of Long Range Planning on “China Business and International Competitiveness: Economics, Politics, and Technology.” Additionally, he currently serves or has served on the editorial boards of several other journals, including Management International Review, Journal of World Business, Organizational Dynamics, and Journal of Engineering and Technology Management.
Cheng holds a PhD in business administration from the University of Michigan and a BS (with honors) in industrial engineering from the University of Wisconsin-Madison.