RIETI-NISTEP Policy Symposium

Open Innovation as a Key Driver of Japan's Industrial Competitiveness (Handouts)

Information

Handouts

Opening Remarks

NAKAJIMA Atsushi's photo

NAKAJIMA Atsushi (Chairman, RIETI)

Bio

Prior to his current position, Atsushi Nakajima served as a Senior Managing Executive Officer & Chief Economist, Mizuho Research Institute, Ltd. (2004-2011); Executive Officer, Chief Economist & General Manager of Research Division, Mizuho Corporate Bank, Ltd. & Executive Officer, Chief Economist of Mizuho Research Institute, Ltd. (2003-2004); Chief Economist of Mizuho Research Institute, Ltd. & Chief Economist & General Manager of Research Division, Mizuho Corporate Bank, Ltd. (2002-2003); Chief Economist & General Manager, Research Department, Head Office, the Industrial Bank of Japan Ltd.(IBJ); President, Banque IBJ (France) S.A.; Senior Deputy General Manager, Industrial Research Department, Head Office, IBJ; Senior Manager, International Finance Department, Head Office, IBJ.
Mr. Nakajima graduated from the University of Tokyo with a B.A. in the Faculty of Law.
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NARA Hitoshi's photo

NARA Hitoshi (Director General, NISTEP)

Bio

Hitoshi Nara joined the Science and Technology Agency (currently the Ministry of Education, Culture, Sports and Technology (MEXT)) in 1983. He served as the Director, International Education Division, MEXT (2002), Counselor, Cabinet Secretariat (2004), Director, Space Development and Utilization Division, MEXT (2006), Director, Promotion Policy Division, MEXT (2008), Director, General Affairs Division, MEXT (2009), Deputy Director-General, MEXT (2011), Associate Director General, Japan Aerospace Exploration Agency (2012) and Cabinet Office (2013).
He received his Master's degree from the School of Engineering at Hokkaido University.

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Keynote Speech "Promoting Innovation: What's specific to the Japanese context?"

HARAYAMA Yuko's photo

HARAYAMA Yuko (Executive Member, Council for Science, Technology and Innovation (CSTI), Cabinet Office, Japan)

Bio

Yuko Harayama is an Executive Member of the Council for Science, Technology and Innovation (CSTI), Cabinet Office, Japan.
Formerly, she was a Professor of Management of Science and Technology at the Graduate School of Engineering, Tohoku University (2002-2013). She also served as a Faculty Fellow at RIETI (2002-2004), Executive Member of Council for Science and Technology Policy (CSTP), Cabinet Office, Japan (2006-2007), and Deputy-Director at Directorate for Science, Technology and Industry, Organisation for Economic Co-operation and Development (OECD), France (2010-2012).
Dr. Harayama holds a Ph.D. in Education Sciences and a Ph.D. in Economics, both from the University of Geneva.

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Presentation "Lecture of U.S. Experiences"

"A Framework for Evaluating the Beneficial Impacts of Publicly Funded Research"

Adam B. JAFFE's photo

Adam B. JAFFE (Director and Senior Fellow, Motu Economic and Public Policy Research / Research Associate, NBER)

Bio

Adam B. Jaffe is a Director and Senior Fellow at Motu Economic and Public Policy Research, New Zealand's leading economic research organization. He is also an Adjunct Professor at Queensland University of Technology, and Economic and Social Systems Research Theme Leader for Te Pūnaha Matitini, a New Zealand Centre of Research Excellence. He was previously the Chair of Economics and Dean of the Faculty of Arts and Sciences at Brandeis University, Associate Professor of Economics at Harvard University, and Senior Staff Economist at the President's Council of Economic Advisers under U.S. President George H.W. Bush.
A graduate of the Massachusetts Institute of Technology (S.B. in Chemistry, 1976; S.M. in Technology and Policy, 1978) and Harvard University (Ph.D. in Economics, 1985), Dr. Jaffe is the co-editor, with Ben Jones of Northwestern University, of The Changing Frontier: Rethinking Science and Innovation Policy (2015), and the author of two books. His scholarly publications have collectively received over 30,000 citations according to Google Scholar.
Dr. Jaffe was a co-founder (with Josh Lerner of Harvard University and Scott Stern of MIT) of the Innovation Policy and the Economy group of the National Bureau of Economic Research. He served as a member of the Board of Editors of the American Economic Review and as Associate Editor of the RAND Journal of Economics. His research focuses on technological innovation and technology diffusion, particularly as it affects environmental and energy technologies.

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"Open Innovation and Entrepreneurial Strategy: Lessons for Policymakers"

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Scott STERN (Professor, MIT Sloan School of Management / Research Associate, NBER)

Bio

Scott Stern is the David Sarnoff Professor of Management and Chair of the Technological Innovation, Entrepreneurship, and Strategic Management Group at the MIT Sloan School of Management. His research in the economics of innovation and entrepreneurship focuses on entrepreneurial strategy, innovation-driven entrepreneurial ecosystems, and innovation policy and management. Recent studies focus on the role of entrepreneurial clusters in economic development, the role of institutions in shaping the accumulation of scientific and technical knowledge, and the drivers and consequences of entrepreneurial strategy.
He is the Director and Co-founder of the Innovation Policy Group at the National Bureau of Economic Research, the Faculty Director of the MIT Regional Entrepreneurship Acceleration Program, and has served previously as a Professor at the Kellogg School of Management and a Non-Resident Senior Fellow at the Brookings Institution. In 2005, he was awarded the Kauffman Prize Medal for Distinguished Research in Entrepreneurship.
Professor Stern holds a B.A. in Economics from New York University and a Ph.D. in Economics from Stanford University.

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"The Acquisition and Commercialization of Invention in American Manufacturing: Incidence and Impact"

Ashish ARORA's photo

Ashish ARORA (Professor, Fuqua School of Business, Duke University / Research Associate, NBER)

Bio

Ashish Arora is the Rex D. Adams Professor of Business Administration at the Fuqua School of Business at Duke University. He received his Ph.D. in Economics from Stanford University in 1992, and was on the faculty at the Heinz School, Carnegie Mellon University where he held the H. John Heinz Professorship until 2009.
His research focuses on the economics of technology and technical change. His research includes the study of technology intensive industries such as software, biotechnology and chemicals, the economics of information security, and the role of patents and licensing in promoting technology startups. He has studied the rise of the software industry and the pharmaceutical industry in emerging economies, especially in India. His current research focuses on the management of innovation, including intellectual property and licensing in corporations, and innovation based entrepreneurship. Professor Arora has published three books, and nearly eighty articles and book chapters. He serves as co-editor, Research Policy, and Associate Editor for Management Science and is on the editorial board of Strategic Management Journal, Industrial and Corporate Change, Information Economics and Policy, and Journal of Evolutionary Economics.

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Q&A

Moderator

MOTOHASHI Kazuyuki's photo

MOTOHASHI Kazuyuki (Faculty Fellow, RIETI / Director of Research, NISTEP / Professor, the University of Tokyo)

Bio

Before joining the University of Tokyo, Kazuyuki Motohashi served as an Economist at the Directorate for the Science, Technology and Industry at the OECD (1995-1998), Deputy Director of Planning Division, SME Agency (1998-1999), Head of Public Affairs Office, Trade Policy Bureau at METI (1999-2000). He was also Associate Professor, Institute of Innovation Research, Hitotsubashi University (2002-2004).
Professor Motohashi holds a Master's degree in Engineering from the University of Tokyo, an M.B.A. from Cornell University, and a Ph.D. in Business and Commerce from Keio University.
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Panel Discussion "Policy Implications"

Panelists (in order of appearance)

Jeffrey L. FURMAN's photo

Jeffrey L. FURMAN (Associate Professor, School of Management, Boston University / Research Associate, NBER)

Bio

Jeffrey L. Furman (Ph.D. 2001, MIT-Sloan) is an Associate Professor of Strategy & Innovation at Boston University and a Faculty Research Fellow at the National Bureau of Economic Research (NBER). His research addresses issues at the intersection of Strategy, International Business, and Innovation. His recent projects examine the strategic management of science-based firms, the impact of institutions on cumulative innovation, and science and innovation policy.
His research has been accepted for publication in the American Economic Review (AER), Review of Economics & Statistics, Journal of Economic Behavior & Organization (JEBO), Research Policy, Industrial & Corporate Change (ICC), and Nature, among others. He has also served on the editorial review boards of the Journal of International Business Studies (JIBS), Strategic Organization (SO), Journal of Management, and Industry & Innovation.
Professor Furman is an active member of the Academy of Management (AOM) and has served as reviewer, presenter, discussant, and session chair at AOM annual meetings and has served as a member of the BPS Division Executive Committee. In addition to his contributions to the AOM, he coorganizes the NBER's weekly Productivity Seminar.

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NAGAOKA Sadao's photo

NAGAOKA Sadao (Program Director and Faculty Fellow, RIETI / Visiting Research Fellow, NISTEP / Professor, Tokyo Keizai University)

Bio

Sadao Nagaoka is a Professor, Faculty of Economics at Tokyo Keizai University. Formerly, he was a Professor at the Institute of Innovation Research at Hitotsubashi University from 1997 to 2015, and also the Director from 2004 to 2008. He served as a Professor in the Institute of Business Research at Hitotsubashi University (1996-1997), Professor in the Faculty of Economics at Seikei University (1992-1996), and Director of the Office for Russia and Eastern Europe at MITI (presently METI)(1990-1992). Professor Nagaoka obtained his Ph.D. in Economics in 1990 and M.S. in Management in 1980, both from the Massachusetts Institute of Technology (MIT) and his B.E. in Engineering from the University of Tokyo in 1975. His fields of specialization are innovation and industrial organization.
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Joel WALDFOGEL's photo

Joel WALDFOGEL (Professor, Carlson School of Management, University of Minnesota / Research Associate, NBER)

Bio

Joel Waldfogel was previously the Ehrenkranz Family Professor of Business and Public Policy at the University of Pennsylvania's Wharton School, where he served as the Department Chair and Associate Vice Dean. Prior to Wharton, he was an Associate Professor of Economics at Yale University.
His main research interests are industrial organization and law and economics, and he has conducted empirical studies of price advertising, media markets, the operation of differentiated product markets, and issues related to digital products, including piracy, pricing, and the effects of digitization on the supply and quality of new creative products. He has published more than 50 articles in scholarly outlets, including the American Economic Review, the Journal of Political Economy, and the RAND Journal of Economics. He also has published several books, including The Tyranny of the Market: Why You Can't Always Get What You Want (Harvard University Press, 2007) and Scroogenomics: Why You Shouldn't Buy Presents for the Holidays (Princeton University Press, 2009).
Professor Waldfogel received a B.A. in economics from Brandeis University and a Ph.D. in Economics from Stanford University.

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TANABE Yasuo's photo

TANABE Yasuo (Vice President and Executive Officer, Hitachi, Ltd.)

Bio

Yasuo Tanabe is Vice President and Executive Officer, Hitachi, Ltd. Before joining Hitachi, Ltd. in June 2010, he has served for the Japanese government for thirty-two years. Starting with the Ministry of International Trade and Industry in 1978, which reorganized as the Ministry of Economy Trade and Industry, he has covered wide range of policies such as trade, energy and environment. He has represented the Japanese government for many international organizations such as the International Energy Agency. He was Vice President of the Research Institute of Economy, Trade and Industry from 2004 to 2006. During his tenure as Deputy Director-General for Economic Affairs of the Ministry of Foreign Affairs, he had been Chief Negotiator / Deputy Chief Negotiator for many Economic Partnership Agreements with ASEAN countries, Switzerland and Peru. He has written a book "Asia Energy Partnership" and articles on energy and trade issues. He has B.A.in Law from the University of Tokyo (1978) and M.A. in International Relations from Stanford University (1985).

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NAKANISHI Hironori's photo

NAKANISHI Hironori (Deputy Director General for Science, Technology and Innovation, Cabinet Office, Japan)

Bio

Hironori Nakanishi is the Deputy Director General for Science, Technology and Innovation, Cabinet Office, Japan. He was formerly the Deputy Director-General for Industrial Science and Environment, Industrial Science and Technology Policy and Environment Bureau, METI.
He joined the Ministry of International Trade and Industry (MITI, currently METI) in 1984 and served as the Director, Innovation Strategy Planning Office, Agency of industrial science and technology, general coordination department, METI (1999-2000); Director, Washington Office, New Energy and Industrial Technology Development Organization (NEDO) (2000-2004); Director, Academia-Industry Cooperation Promotion Division, METI (2004-2006); Director, Nuclear Facilities Development and Nuclear Fuel Cycle Industry Division, ANRE, METI (2006-2008); Director, Technical Regulations, Standards and Conformity Assessment Policy Division, METI (2008-2011), Deputy Director-General for Industrial Science and Technology, and Environment, METI (2011-2012, 9), Director-General for Energy and Technology Policy, ANRE, METI (2012, 9-2013, 11), Assigned additional post as Director-General for Global Energy Policy, ANRE, METI (2013, 11-2014, 7).
Mr. Nakanishi holds a Master's degree from Kyushu University (Engineering) and from the University of Pennsylvania.

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Moderator

MOTOHASHI Kazuyuki's photo

MOTOHASHI Kazuyuki (Faculty Fellow, RIETI / Director of Research, NISTEP / Professor, the University of Tokyo)