Silicon Valley - New Japan Summit 2018 Tokyo

On June 21, the Silicon Valley-New Japan Project and Ishin co-hosted the Silicon Valley-New Japan Summit 2018 Tokyo. 

This event featured panels on Silicon Valley disruptions, CVC, global innovation strategies, and strategies for collaborating with overseas startups. 

For more information and pictures from the Silicon Valley - New Japan Summit 2018 Tokyo click here

 

SAVE THE DATE For our Upcoming summit at stanford:

November 5-6, 2018
Silicon Valley - New Japan Summit 2018 (Silicon Valley)
Stanford University

details forthcoming

G1 New Generation Summit 2018

Last month, Kenji Kushida and APARC Researcher, Professor Philip Lipscy were invited to participate in the G1 New Generation Summit in Karuizawa. 

Kenji Kushida participated in a panel called "Japan's Future made by G1 U-40: 100 Actions for a better Japan 2.0" featuring Japanese politician, Fumiaki Kobayashi, President of NPO Florence, Hiroki Komazaki, and Chizuru Suga from the Ministry of Economy Trade and Industry. 

Nikkei Agritech Summit 2018

Last month, Kenji Kushida was invited to speak at the Nikkei Agritech Summit (AG/SUM) in Tokyo. Kushida participated in three panels: "Global agriculture environment: what are the necessary conditions for an agritech unicorn?", "Singularity of medicine and agriculture: Food and agriculture seen from the perspective of regenerative medicine", and moderated a panel titled "Agriculture of Future: The Startup Perspective."

Full agenda in English available here.

New Abenomics Chapter in "Japan Decides 2017: The Japanese General Election"

In a new chapter now available in the book,  "Japan Decides 2017: The Japanese General Election", Kenji Kushida evaluates the Abenomics Third Arrow from a Silicon Valley perspective. 

Table of Contents available below.

 

Table of Contents

Part I. Introduction
1. Introduction, by Robert J. Pekkanen, Steven R. Reed, Ethan Scheiner and Daniel M. Smith
2. Japanese Politics Between 2014 and 2017: The Search for an Opposition Party in the Age of Abe, by Robert J. Pekkanen and Steven R. Reed
3. The 2017 Election Results: An Earthquake, a Typhoon, and another Landslide, by Ethan Scheiner, Daniel M. Smith and Michael F. Thies

Part II. Political Parties
4. Komeito 2017: New Complications, by Axel Klein and Levi McLaughlin
5. The Opposition: From Third Party Back to Third Force, by Robert J. Pekkanen and Steven R. Reed
6. The JCP: A Perpetual Spoiler?, by Ko Maeda

Part III. Campaign and Issues
7. Scandals during the Abe Administrations, by Matthew Carlson and Steve R. Reed
8. Public Opinion and the Abe Cabinet: Alternating Valence and Position Issues, by Yukio Maeda
9. Survey of Candidates' Policy Preferences, by Kiichiro Arai and Miwa Nakajo
10. Party Competition and the Electoral Rules, by Kuniaki Nemoto
11. Persistence of Women's Under-representation, by Mari Miura
12. Does Japan want to Build a Wall Too? Immigration and the 2017 General Election in Japan, by Michael Strausz
13. Inequality and the 2017 Election: Decreasing Dominance of Abenomics and Regional Revitalization, by David Chiavacci
14. The First Two Arrows of Abenomincs: Monetary and Fiscal Politics in the 2017 Snap Election, by Saori Katada and Gabrielle Cheung
15. Abenomics Third Arrow: Fostering Competitiveness?, by Kenji E. Kushida
16. Constitutional Revision in the 2017 Election, by Kenneth Mori McElwain
17. The North Korea Factor in the 2017 Election, by Yasushi Izumikawa
18. Foreign Policy, by Sheila Smith

New Interview Article on NewsPicks

In a new interview piece by NewsPicks, Kenji Kushida talks about the history of Stanford University and its surrounding area, and how it has become a birthplace of innovation. Speaking as an insider, Kushida discusses some of the lesser known historical developments and connections that have positioned Stanford as a core player in the Silicon Valley ecosystem. 

Access the full article here (in Japanese) 

Marketcraft: How Governments Make Markets Work

On May 7, the Shorenstein Asia-Pacific Research Center Japan Program welcomed Professor Steven K Vogel to speak about his new book, Marketcraft: How Governments Make Markets Work

Modern-day markets do not arise spontaneously or evolve naturally. Rather they are crafted by individuals, firms, and most of all, by governments. Thus "marketcraft" represents a core function of government comparable to statecraft and requires considerable artistry to govern markets effectively. Just as real-world statecraft can be masterful or muddled, so it is with marketcraft. 

In this new book, Steven Vogel builds his argument upon the recognition that all markets are crafted then systematically explores the implications for analysis and policy. In modern societies, there is no such thing as a free market. Markets are institutions, and contemporary markets are all heavily regulated. The "free market revolution" that began in the 1980s did not see a deregulation of markets, but rather a re-regulation. Vogel looks at a wide range of policy issues to support this concept, focusing in particular on the US and Japan. He examines how the US, the "freest" market economy, is actually among the most heavily regulated advanced economies, while Japan's effort to liberalize its economy counterintuitively expanded the government's role in practice. 

Marketcraft demonstrates that market institutions need government to function, and in increasingly complex economies, governance itself must feature equally complex policy tools if it is to meet the task. In our era-and despite what anti-government ideologues contend-governmental officials, regardless of party affiliation, should be trained in marketcraft just as much as in statecraft.

Watch the 15 minute introduction to this new book below: 

 

About Speaker:

Steven K. Vogel is the Il Han New Professor of Asian Studies and a Professor of Political Science at the University of California, Berkeley. He specializes in the political economy of the advanced industrialized nations, especially Japan. He recently completed a book, entitled Marketcraft: How Governments Make Markets Work (Oxford, 2018), which argues that markets do not arise spontaneously but rather are crafted by individuals, firms, and most of all by governments.  Thus “marketcraft” represents a core function of government comparable to statecraft.  The book systematically reviews the implications of this argument, critiquing prevalent schools of thought and presenting lessons for policy.  Vogel is also the author of Japan Remodeled: How Government and Industry Are Reforming Japanese Capitalism (Cornell, 2006) and co-editor (with Naazneen Barma) of The Political Economy Reader: Markets as Institutions (Routledge, 2008). His first book, Freer Markets, More Rules: Regulatory Reform in Advanced Industrial Countries  (Cornell, 1996), won the Masayoshi Ohira Memorial Prize. He edited his mother’s book, Suzanne Hall Vogel, The Japanese Family in Transition: From the Professional Housewife Ideal to the Dilemmas of Choice(Rowman & Littlefield, 2013), and a volume on U.S.-Japan Relations in a Changing World(Brookings, 2002).  He won the Northern California Association of Phi Beta Kappa Teaching Excellence Award in 2002, and the UC Berkeley Faculty Award for Outstanding Mentorship of Graduate Student Instructors in 2005.  He has been a columnist for Newsweek-Japan and the Asahi Shimbun, and he has written extensively for the popular press.  He has worked as a reporter for the Japan Times in Tokyo and as a freelance journalist in France. He has taught previously at the University of California, Irvine and Harvard University. He has a B.A. from Princeton University and a Ph.D. in Political Science from the University of California, Berkeley.

Kenji Kushida Seminar at Hitotsubashi Hall

On April 24, Kenji Kushida gave a talk on Silicon Valley, the Algorithmic Revolution and the "worst practices" to harness Silicon Valley by large Japanese companies, and some good examples of successful efforts such as Komatsu, Honda, Yamaha, and a few others. The seminar was orchestrated by the Canon Institute for Global Studies, and held at the Hitotsubashi Hall in Takebashi. 

JETRO recently published a write-up of the event available here.

New Interview Piece with Musashi Sakai Driving School President, Aki Takahashi

Work reform has been a topic of interest in Japan recently. In the first installment of a New Nikkei BP Series investigating topics relating to personnel recruitment, development, and the value of work by Musashi Sakai Driving School President, Aki Takahashi, Kenji Kushida was interviewed about varieties of how to work and productivity improvement. 

See full article here 

SVJP Benkyokai: Japan's New Startup Ecosystem and Large Corporate Innovation: Why Japan (still) Matters in Global Competition

On March 7th, Kenji Kushida spoke at the Silicon Valley Japan Platform Benkyokai meeting on "Japan's New Startup Ecosystem and Large Corporate Innovation: Why Japan (still) Matters in Global Competition." The session was moderated by Steve Suda, Managing Director of the Office of Development at Stanford University. 

New SVNJ Policy Evaluation Working Paper

In our newest SVNJ Working Paper, "Abenomics and Japan's Entrepreneurship and Innovation: Is the Third Arrow Pointed in the Right Direction for Global Competition in the Digital Era of Silicon Valley?" Kenji Kushida evaluates the efficacy of Abenomics’ third arrow of comprehensive economic structural reform towards leading Japan to compete in an era dominated by Silicon Valley firms.

As Japan's political economy evolves over time, a critical question is whether or not it is adjusting effectively to the dynamics of global competition. While Japan has historically shifted from its status as one of many countries aiming to catch-up to global leaders to becoming a leader in many areas of global competition, recently global leadership has shifted to the economic ecosystem of Silicon Valley. In the past couple decades, global value creation has been driven by the Silicon Valley model - not only a geographic region but a distinct ecosystem of complementary characteristics. 

Since assuming power, the Abe administration has put forth a well branded and enthusiastically promoted economic reform package, "Abenomics" consisting of three arrows. The third arrow in particular, was a comprehensive reform strategy that recognized Japan's need to restructure many aspects of its economy to compete in the current digital, globalized era. Policy evaluation is one of the pillars of the Silicon Valley-New Japan Project, and this new paper seeks to evaluate whether third arrow reforms move Japan closer to a Silicon Valley model of entrepreneurship and innovation.  

Read full paper here

Technology and Labor Market Disruption: Discussing Danish Perspectives with Silicon Valley and Asian Country Input

On Monday, March 5th, the Stanford Silicon Valley-New Japan Project hosted the Danish Minister of Employment, Troels Lund Poulsen, and top Danish labor union representatives for a small closed group discussion about labor disruption in the digital era. 

The Danish government is currently working on a year long project on the future of work. The question of how technology can change the labour market is prominent in the political and policy discussions. The Danish government has set up a "disruption" council to handle these issues and specify policies to meet the challenges.

The Danish government has had a strong tradition of working with labor unions and businesses to face new economic challenges. During this session, the Minister and Labor Leader each spoke about labor disruption in the Danish context, and discussed Denmark's efforts to effectively implement technologies and embrace the future in a way that is inclusive of everyone.   

The acceptance of new technologies and the ways in which they are implemented varies greatly from country to country. APARC faculty and members of the audience offered similar as well as differing viewpoints from Silicon Valley and from Asian countries such as South Korea and Japan. 

Several major themes to emerge from this conversation were: labor replacement vs. labor augmentation, structuring and implementing lifelong learning, and implementing new social welfare systems for a future with vastly different employment structures. 

New Columns Published by the Canon Institute for Global Studies

Two new columns by Kenji Kushida were published by the Canon Institute for Global Studies this month. Please click the links below to access the articles (available in Japanese only). 

RegTech (レグテック)の大いなるポテンシャル:"Weapons of Math Destruction" の落とし穴を避けて (RegTech's Great Potential while Avoiding the "Weapons of Math Destruction" pitfall")

AI浸透についての考え方のフレームワーク:日本にとってどこが高付加価値となるのか (A Framework for Thinking of AI Diffusion: In search of high value added for Japan)

Kenji Kushida leads Seminar on Disruption by AI

On December 19, Kenji Kushida led a seminar at the Canon Institute for Global Studies, on AI disruption and the fine line between true disruptive innovation and illusion. 

AI has been gaining attention for some time now. AI is a catalyst for a bigger algorithmic revolution, and it is clear that genuine AI incorporated into various services and companies will disrupt existing industry and work as we know it. At the same time, the buzz around AI has created an environment in which information analysis will not sell unless it is labelled as AI, leading to concerns that the current AI boom might be superficial. 

How do we differentiate true disruptive innovation versus superficial, excessive expectations, and how do we implement solutions in a way that optimizes and increases value, without causing destructive consequences?  

For more information on the seminar please click here

Stanford Silicon Valley-New Japan Project 2017 Year End Report

The Stanford Silicon Valley-New Japan Project had another productive year of activity and growth. This year, we were able to facilitate substantial research, conduct new and ongoing joint research collaborations, and organize several large scale conferences, and other outreach activities. 

We sincerely thank all of our supporters for helping make this a great year, and we look forward to sharing another successful year with you in 2018. 

Happy Holidays and a have a wonderful new year! 

Full Stanford SVNJ 2017 Year End Report (PDF)

Human Autonomy in the Age of Automation: Envisioning 2045 Final Report

On November 3, the Stanford Silicon Valley-New Japan Project hosted “Human Autonomy in the Age of Automation: Envisioning 2045” at Stanford University. The event was produced jointly with Japanese venture community, Mistletoe Inc. We invited thought leaders, technologists and social entrepreneurs to discuss the replacement of human labor by artificial intelligence and robotics, and what this shift might mean for the future of human welfare and economic opportunity. We also revealed our new joint collaboration with Mistletoe In., The Mistletoe Foundation, and its inaugural program, the Mistletoe Research Fellowship Program. 

Human Autonomy in the Age of Automation Final Report (PDF)

Silicon Valley-New Japan Summit Mentioned in the Nikkei

The Silicon Valley-New Japan Summit was mentioned in an article published by the Nikkei this morning!

The article, roughly translates to "The Rise of Silicon Valley's 'Third VC Boom.'" Developments in AI, IoT and Big Data technologies in Silicon Valley have resulted in a new wave of VC investments. Large Japanese corporations have recently been actively partaking in this wave, investing CVC in innovative startups and establishing branches in the heart of Silicon Valley. The article mentions our efforts to try to connect these Japanese firms with Silicon Valley startups, and help Japanese firms better harness Silicon Valley. 

Click here for full article (in Japanese only)  

 

 

Working, Earning, Learning in the Age of Intelligent Tools

On November 29-Dec 1, 2017, the Stanford Silicon Valley-New Japan Project co-sponsored a symposium on “Working, Earning, and Learning in the Age of Intelligent Tools” at UC Berkeley. The conference was a joint production by the Organization for Economic Co-operation and Development (OECD), the Berkeley Roundtable on the International Economy, the UC Berkeley Center for Human-Compatible AI, the UC Berkeley Institute of European Studies, the UC Center for Information Technology Research in the Interests of Society, UC Davis Community and Regional Development Program, The American Jobs Project, the German Federal Ministry for Labor and Social Affairs, The German Academic Exchange Service, and the Stanford Silicon Valley-New Japan Project. This closed event brought together an interdisciplinary and international group of about 80 researchers from the fields of engineering and data science, economics, sociology, and political science, to explore the challenges we face in the age of intelligent tools and computation-intensive automation of manufacturing and services, and how we might find ways of working, earning, and learning that support the healthy development of our societies and economies and the humans who inhabit them, going forward.

See list of speakers below. 

 

List of speakers (Alphabetical by last name):

Paul Alivisatos, Executive Vice Chancellor and Provost, UC Berkeley

Alexandre Bayen, Professor of EECS and Civil and Environmental Engineering and Director of the Institute of Transportation Studies, UC Berkeley

Annette Bernhardt, Director, Low-Wage Work Program, Center for Labor Research and Education; Senior Researcher, Institute for Researcher, Institute for Research on Labor and Employment

Michael Borrus, Founding Partner, XSeed Capital; Co-Founder, BRIE

Stijn Broecke, OECD, Senior Economist, Directorate of Employment, Labour and Social Affairs

Brad DeLong, Professor of Economics, UC Berkeley

Giovanni Dosi, Professor of Economics and Director of Institute of Economics, Scuola Superiore Sant’Anna

Chris Edley, Distinguished Professor and former Dean of the UC Berkeley School of Law; Co-Founder and President, the Opportunity Institute

Stuart Feldman, Head of Schmidt Sciences, Schmidt Sciences

Ken Goldberg, William S. Floyd Jr. Distinguished Chair in Engineering, UC Berkeley; Chair and Professor, Industrial Engineering/Operations Research Department; Director of AUTOLAB and CITRIS “People and Robots” Initiative

Montserrat Gomendio, OECD Deputy Director, Directorate for Education and Skills, Head of the OECD Centre for Skills

Jennifer Granholm, Faculty Member at UC Berkeley’s Goldman School of Public Policy; Senior Advisor, CITRIS; Former Governor of Michigan

Bjoern Hartmann, Associate Professor in EECS, Faculty Director of the Jacobs Institute for Design Innovation, UC Berkeley

Stéphanie Jamet, OECD, Directorate for Education and Skills, Senior Economist

Phil Kaminsky, Professor of Industrial Engineering and Operations and Executive Associate Dean of the College of Engineering, UC Berkeley

Stephane Kasriel, CEO, Upwork

Martin Kenney, Distinguished Professor of Community and Regional Development, UC Davis

Helmut Krcmar, Chair of Information Systems, Department of Computer Science, Technische Universitat Munchen

Kenji Kushida, Research Scholar, Stanford University; Research Affiliate, BRIE

Mark Kvamme, Co-founder and Partner, Drive Capital

Susan Lund, Partner, Mckinsey Global Institute

Lenny Mendonca, Senior Partner Emeritus, Mckinsey

Niels Christina Nielsen, CEO World Refugee Schools

Mark Nitzberg, Executive Director of the Center for Human-Compatible Artificial Intelligence

Tim O’Reilly, CEO, O’Reilly Media

Lee Rainie, Pew Research Center, Director of Internet and Technology Research

Petri Rouvinen, Research Director, Research Institute of the Finnish Economy; CEO, Etlatieto

Shankar Sastry, Dean of the College of Engineering, UC Berkeley

Patrick Scaglia, Managing Partner, Blue Bear Ventures; Co-founder, CITRIS Foundry Accelerator

Stefano Scarpetta, OECD, Director, Directorate for Employment, Labour and Social Affairs

Hanne Shapiro, Business owner, Hanne Shapiro Futures

Andreas Schleicher, OECD, Director, Directorate of Education and Skills

Costas Spanos, Director CITRIS and the Banatao Institute, Distinguished Professor of EECS; Chief Technical Officer of the Berkeley Education Alliance for Research in Singapore, UC Berkeley

Mariagrazia Squicciarini, OECD, Directorate for Science, Technology and Industry, Senior Economist

Claire Tomlin, Charles A. Desoer Chair in the College of Engineering, Professor in EECS at UC Berkeley

Laura Tyson, Distinguished Professor of the Graduate School and Faculty Director of the Institute for Business & social Impact, UC Berkeley Haas School of Business; Chair, Blum Center for Developing Economies

Hal Varian, Chief Economist, Google

Mary Walshok, Dean of the University Extension and Associate Vice Chancellor for Public Programs, UC San Diego

Andrew Wyckoff, OECD, Director, Directorate for Science, Technology and Innovation

Saadia Zahidi, Head of Education, Gender and Work; Member of the Executive Committee: World Economic Forum

John Zysman, Professor Emeritus, BRIE Founder/Co-Director, Convener- WITS University of California, Berkeley