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strategic_overview_of_sv_ecosystems

J Japan Programdtanrora I ShorensteinAPARCSVNJ Working Paper 2015-6A Strategic Overview of the Silicon Valley Ecosystem: Towards Effectively “Harnessi

strategic_overview_of_sv_ecosystemsing” Silicon ValleyKenji Kushida, Stanford UniversityExecutive SummaryThere has been a prolonged discussion in Japan, followed by various policy actio

ns, to create an environment conducive to startups in Ol der to accelerate innovation. While much of the policy focus until now has been on how to imp strategic_overview_of_sv_ecosystems

ort 01 duplicate various aspects of Silicon Valley. It is now tune to add another stream of discussion to the conversation: how Japanese policymakers

strategic_overview_of_sv_ecosystems

and corporations can best make use of Silicon Valley In order to add this new stream of conversation. It is critical to first gain a shared in-depth m

J Japan Programdtanrora I ShorensteinAPARCSVNJ Working Paper 2015-6A Strategic Overview of the Silicon Valley Ecosystem: Towards Effectively “Harnessi

strategic_overview_of_sv_ecosystemsOnly by understanding the trajectory of development over time can we project how certain changes are likely to happen 111 the future, and what lessons

should be drawn on how to harness the ecosystem for Japan.Tins report provides an overview of the Silicon Valley ecosystem. It draws upon existing sc strategic_overview_of_sv_ecosystems

holarship and original insights to derive a picture that is only partially well-known in Japan Characteristics such as the critical role of large firm

strategic_overview_of_sv_ecosystems

s for the startup firm ecosystem, the role of Japanese films in creating the US firms' “open innovation" paradigm, and the severe lack of local govern

J Japan Programdtanrora I ShorensteinAPARCSVNJ Working Paper 2015-6A Strategic Overview of the Silicon Valley Ecosystem: Towards Effectively “Harnessi

strategic_overview_of_sv_ecosystemsat not well known in Japan Hus report also delves into industry-university ties in the crucial research universities of Stanford and University of Cal

ifornia Berkeley, highlighting the multifaceted and biduectional interactions between universities and industry that are often not captured by the com strategic_overview_of_sv_ecosystems

mon “technology licensing office”-centered view. In the final section, this report briefly reviews a representative set of challenges often cited by l

strategic_overview_of_sv_ecosystems

arge Japanese firms attempting to make use of the Silicon Valley ecosystem, concluding by suggesting areas for further research.Table of Contents1.INT

J Japan Programdtanrora I ShorensteinAPARCSVNJ Working Paper 2015-6A Strategic Overview of the Silicon Valley Ecosystem: Towards Effectively “Harnessi

strategic_overview_of_sv_ecosystems Silicon Valley Ecosystem: Hou They Relaie io Large FirmsAND Othfr Actors111.1.Ĩ.ARGI-: FIRMS ascusTOMI RSII1.2.GoviRNMiiNT AS Ĩ.1ỈAD Buyer OF Silicon

Valley Technologies131.3.M strategic_overview_of_sv_ecosystems

success175.Financial SYSTEMS LN Silicon Valley: Venture Capital and Value Added215.1.VENTURE Capital: HOW IT WORKS215.2.VENTURE CAPITAL: HOW DID IT DE

strategic_overview_of_sv_ecosystems

VELOP?246.Labor markets and Employment Systems266.1.DIVERSITY' OF EMPLOYMENT Systems .and PHILOSOPHIES317.Roles of Government337.1.Which GOVERNMENT?33

J Japan Programdtanrora I ShorensteinAPARCSVNJ Working Paper 2015-6A Strategic Overview of the Silicon Valley Ecosystem: Towards Effectively “Harnessi

strategic_overview_of_sv_ecosystems Model: Bayh-Dolf.108.2.Multifaceted University-Industry Ties108.3.Stanford’s TECHNOLOGY Licensing OFFICE128.4.GOVERNMENT University Ties448.5.ACADEMI

C ENTREPRENEURSHIP469.Key Experiences .and Observations byJapanese Firms: Challenges and strategic_overview_of_sv_ecosystems

J Japan Programdtanrora I ShorensteinAPARCSVNJ Working Paper 2015-6A Strategic Overview of the Silicon Valley Ecosystem: Towards Effectively “Harnessi

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