US-Asia Technology Management Center, Stanford University Welcome 2020

US-Asia Technology Management Center, Stanford University Welcome 2020 – 21 Overview Strategic Direction 2020 – 2021 Annual Meeting 20 May 2021 Status Update and Strategic Overview In-person classes resume from Fall 2021 Richard B. Dasher, Ph.D. Director US-Asia Technology Management Center Adjunct Professor, Stanford University

Agenda 4:30 Welcome Status update and strategic overview Richard Dasher, Director 4:45 Panel discussion: Overcoming the Innovator’s Dilemma: U.S. Lessons in Japan and Asia Michi Kaifu, CEO, Enotech Consulting Kenneth Epstein, Principal, NewCap Partners 5:30 Break 5:40 Research and program cooperation 5:55 Visiting Scholar and Research Partner activities reports Kyoko Yoshida, Kawasaki Heavy Industries Yoshito Terada, Hamamatsu Iwata Shinkin Bank Aki Takahashi, Brilliant Hope / Musashi Sakai Driving School Zack Okazaki, Nippon Life Insurance Co. Yoshio Nose, Nose Kozai Inc. Keishun Nakamura, Mitsubishi Research Institute Yasuhito Ando, Kozo Keikaku Engineering (KKE) 7:00 Post-Program Informal Networking (Off-the-record Q&A) 2021.05.20 Kenji Kushida, Research Scholar, APARC Richard B. Dasher, Stanford University 2

Introduction: Stanford University US-Asia Technology Management Center Conducts research, education, outreach Established in 1992 (US government grants, with industry matching funds through 1999) Approved as a membership-based ”Industry Affiliates Program” from 2017 Operating funds (incl. salaries) from annual member fees, special program income Moved from EE Dept. to Center for East Asian Studies (Stanford Global Studies Program) Areas of focus Systems approach: innovation, entrepreneurship, tech trends in Japan and Asia Forecasting the impact of technology change on the structure and dynamics of an industry – often: trends analysis of startup companies Recent: AI, intelligent robotics, edge computing, cybersecurity, etc. Innovation management, esp. open innovation, in different business cultures 2021.05.20 Richard B. Dasher, Stanford University 3

Increase in membership 2017 – 2021 Steady increase, with noticeable jump between 2019 and 2020 Total number of US-ATMC member companies Very low drop-out rate 30 Companies leaving: almost all are individual visiting scholars from universities, successful entrepreneurs 25 Currently, US-ATMC falls into the mid range of industry affiliate programs at Stanford Both in terms of numbers of members And in terms of revenue 2021.05.20 24 21 20 15 10 11 6 8 5 0 Sep-17 Dec-18 Richard B. Dasher, Stanford University Dec-19 Dec-20 May-21 4

US-ATMC member companies (as of 5/2021) Company Notes Since Company 2017 Mitsubishi Corporation 2020 2017 Mitsubishi Heavy Industries 2020 Canon USA Inc. 2020 Mitsubishi Research Institute Daikin U.S. Corp. 2020 Miura and Partners Denso International 2020 NEC Corporation DBJ Americas 2021 Future Corp. Bridgestone Corp. Brilliant Hope, Inc. research Notes research Since 2014 2020 research 2011 Nippon Life Insurance v.s. (extension) 2019 2019 Niwa Capital v.s. (extension) 2019 v.s. (extension) 2020 Hamamatsu Iwata Shinkin Bank v.s. (extension) 2019 Nose Kozai Ishin Co., Ltd. v.s. (extension) 2019 NTT Comware 2020 2019 Panasonic Ventures 2020 research 2017 Tokio Marine Insurance 2020 v.s. (extension) 2015 Kobe University (for v.s.) Japan Post Co., Ltd. Kawasaki Heavy Industries KKE Inc. v.s. (extension) 2019 v.s. visiting scholar, “research” extra research support in specific area 2021.04.20 Richard B. Dasher, Stanford University 5

2020 – 21: The year of COVID All classes & university activities went online – March 2020 Stanford closed to all visitors, everyone started working / going to class from home Visiting scholar program shut down by the University We were able to get extensions for then-current visiting scholars who were already in the Stanford area We instituted a “research cooperation” program to work with member company partners (who will become Visiting Scholars if/when the ban is lifted) We still delivered one of the most active years we’ve ever had High profile public programs – many joint programs: now worldwide participation Productive research, including new “seed research” New member benefits 2021.05.20 Richard B. Dasher, Stanford University 6

Knowledge sharing 2020 – 2021 1. Stanford courses, seminars 402A seminars Fall 2020 “Digital transformation among traditional and new industries in Asia” Students register for credit; open to the public Opening overview (Dasher) and closing keynote sessions Retail (China) Healthcare (India) Venture capital (U.S. cross-border) Education (Vietnam, S. Korea) Autonomous vehicles (China) Crowdfunding (U.S. expansion to Asia) Cloud services (Japan) Banking (Japan) Thomas Siebel, Founder& CEO of C3.ai, author of Digital Transformation (2019), gives closing keynote, 11/19/2020 555 unique individuals registered for the series Videos and speaker slides at https://asia.stanford.edu 2021.05.20 Richard B. Dasher, Stanford University 7

Knowledge sharing 2020 – 2021 1. Stanford courses, seminars Winter Quarter: New Stanford Course “Rebalancing Economic Systems” Co-developed and team taught by Dr. Amit Kapoor (from Delhi) and Dasher Developing a new model and metrics for economic management that take into account inclusiveness and sustainability, as well as growth Extensive reading list, 90% works since 2017 Case studies applied model to corporate executive decisions 12 Stanford students participating from their homes across U.S., Uruguay, Hong Kong, Singapore, elsewhere Planning revised version as US-ATMC Executive Short Course in 9/2021 2021.05.20 Richard B. Dasher, Stanford University Dr. Amit Kapoor Chairman, Institute of Competitiveness (India) Visiting Scholar, US-ATMC 8

Knowledge sharing 2020 – 2021 1. Stanford courses, seminars 402T Seminars Spring 2021 Entrepreneurship in Asian High-Tech Industries Students register for credit; open to public Nine weekly sessions Fujiyo Ishiguro, Co-Founder & CEO, Netyear Group (3622, TYO), discusses her decision to accept takeover bid by NTT Data, 4/20/2021 2021.05.20 Yearly update on Asian entrepreneurship ecosystems by Dasher Philippines (investor plus two founding teams) China (healthcare) Japan (entrepreneurship after exit) Taiwan (blockchain) India (rise of entrepreneurship, venture investing) S. Korea (Coupang IPO) Panel: acceleration in Taiwan, S. Korea, PRC Thailand (circular economy) 443 unique individuals registered for the series Videos & slides at https://asia.Stanford.edu Richard B. Dasher, Stanford University 9

Knowledge sharing 2020 – 2021 2. US-ATMC support for other Stanford programs Stanford e-China (FSI / SPICE) Dasher lectures for “exceptional high school students in China” (10/02/20, 4/23/21) on understanding U.S. – China friction over advanced technologies Course INTLREL 338 “Myths and Realities of U.S. – China Relations” Dasher lecture (10/13/2020) on a systems view of U.S. – China technology friction ASES (student-run organization dedicated to global entrepreneurship) Online Summit (4/11 – 15/2021) Dasher main faculty advisor Gave presentation overview on entrepreneurship ecosystems of Asia Stanford Law School China Law & Policy Assoc., FACES (student-run org): 2021 China Tech Forum Assisted securing speakers, publicized to community Faculty advising for MA & Undergrad research in EAS 2021.05.20 Richard B. Dasher, Stanford University 10

Knowledge sharing 2020 – 2021 3. US-ATMC cooperation with Stanfordexternal organizations (selected) Japan – U.S. Innovation Awards (with Japan Society of Northern California) Dasher Chair, Steering Committee Yearly Symposium: upcoming July 08, July 15, 2021 2020: Emerging Leader Awards: Spiber (Japan), Beyond Meat (U.S.); Showcase 5 Japanese startups 2020: Over 421 registrations; 250 attendees US-Asia CEO Forum (with Keizai Silicon Valley Silicon Valley Future Academy), May 14, 2021 Host Zoom, M.C. for New Year’s Reception 70 C-level executives accepted invitations to participate Panel discussions: globalization and innovation strategies in uncertain world 2021.05.20 Host Zoom for five programs during year ( (Left) Dasher interviewed Distinguished Achievement Award recipient Takuma Sato, Indy500 winner at New Year’s Reception Richard B. Dasher, Stanford University 11

Knowledge sharing 2020 – 2021 3. Other Dasher Presentations (selected) Silicon Catalyst (VC) Advisor Event (Silicon Valley, 6/24/20), VentureLAB HCI Seminar (Ontario, Canada, 9/03/20) “Technology management in the era of U.S. – China friction” IEICE / ITE Entrepreneur Engineering Group Workshop (Tokyo, 9/12/20) keynote “Sustainable innovation practices for Japanese firms” Wood Buffalo Entrepreneurship and Innovation Conference (Fort MacMurray, Canada 10/17/20) keynote “Transforming your idea into reality” 2020 International Triple Helix Summit (Bologna, Italy, 11/23/20) Panel Chair “Mutual learning from multiple triple helix models of innovation ecosystem organization” POP Festival for Youth-Led Climate Action (Worldwide, 12/03/20) ”Youth climate action and innovative technologies” Kyoto Institute of Technology master’s students (Kyoto, 1/27/21), Waseda University EMBA (Tokyo, 2/24 – 2/25/21), seminars on sustainable innovation and entrepreneurial innovation TechBlitz Live (Tokyo, 5/26/20, 3/16/21), webinars on Stanford Univ. role in Silicon Valley, digital transformation and open innovation MedTech Frontiers (Silicon Valley, 5/06/21) “Globalization and digital transformation in an uncertain world” 2021.05.20 Richard B. Dasher, Stanford University 12

New: Monthly meetings for US-ATMC member companies from 2020 – 2021 Date Speaker Topic 6/10/20 Dasher Innovation as change management 8/26/20 Dasher Survey of university research into intelligent robotics; seed research 9/30/20 Amit Kapoor US-ATMC Visiting Scholar When economic development challenges democracy (also marketed to public) 11/05/20 Dasher Finding and creating new business opportunities in an economic downturn 12/09/20 Kenji Kushida Stanford FSI / APARC Digital Transformation, Ambidextrous Organizations, and Silicon Valley's "User-First" Perspective as seen through Tesla 2/02/21 Hau Lee Prof., Stanford GSB The Pandemic, U.S.-China Tensions, and Redesigning the Global Supply Chain 3/10/21 Candice Tal, CEO Infortal Due Diligence for Venture Investing and M&A: Best Practices from Silicon Valley 4/22/20 Dasher US-China Technology Friction: Implications for US-Asia Business 2021.05.20 Richard B. Dasher, Stanford University 13

Other US-ATMC benefits for member companies Research cooperation (supplemental payment by member) Support for project areas with graduate student research assistants Trends and business models, often including startup company surveys 2020 – 21: MLOps, Natural Language Processing, intelligent building management NEW: Cooperation with a company research partner during Stanford ban on visiting scholars Regular meetings with Dasher (or other faculty investigator), inclusion in all US-ATMC activities But, no formal personnel affiliation with Stanford NEW: Special Interest Group for Seed Research into Flexible Manufacturing Support for a graduate student research assistant under Dasher supervision Seminars for individual member companies on request Inclusion in monthly study group meetings organized by Dr. Kenji Kushida News and insight sharing (emails, website), recognition at our public programs 2021.05.20 Richard B. Dasher, Stanford University 14

What’s next? Some plans for 2021 – 2022 and beyond Areas of focus Digital transformation, open innovation, and related management trends New opportunities with Asia (Silicon Valley - Asia network topology) Coping with business-external risks (political, climate, etc.) Major programs will continue Autumn 402A seminars: “Mobility: How Asia is moving forward” Spring 402T seminars: newest trends in Asian entrepreneurship ecosystems Continue major partnerships: Japan – U.S. Innovation Awards, Keizai SV, US-Asia CEO Forum NEW Closer integration with Dr. Kushida’s activities US-ATMC executive seminars with Dr. Kapoor on balancing growth and ESG Gradual opening up of Stanford! 2021.05.20 Richard B. Dasher, Stanford University 15

4:45 – 5:50 pm Panel discussion: Overcoming the Innovator’s Dilemma: (Applying) U.S. Lessons in Japan and Asia Kenneth Epstein Principal, NewCap Partners Michi Kaifu CEO, ENOTECH Consulting

Agenda 4:30 Welcome Status update and strategic overview Richard Dasher, Director 4:45 Panel discussion: Overcoming the Innovator’s Dilemma: U.S. Lessons in Japan and Asia Michi Kaifu, CEO, Enotech Consulting Kenneth Epstein, Principal, NewCap Partners 5:30 Break 5:40 Research and program cooperation 5:55 Visiting Scholar and Research Partner activities reports Kyoko Yoshida, Kawasaki Heavy Industries Yoshito Terada, Hamamatsu Iwata Shinkin Bank Aki Takahashi, Brilliant Hope / Musashi Sakai Driving School Zack Okazaki, Nippon Life Insurance Co. Yoshio Nose, Nose Kozai Inc. Keishun Nakamura, Mitsubishi Research Institute Yasuhito Ando, Kozo Keikaku Engineering (KKE) 7:00 Post-Program Informal Networking (Off-the-record Q&A) 2021.05.20 Kenji Kushida, Research Scholar, APARC Richard B. Dasher, Stanford University 17

5:40 – 5:55 pm Research overview and cooperation with US-ATMC Dr. Kenji Kushida Research Scholar, Shorenstein FSI Asia-Pacific Research Center

5:55 pm – 7:00 pm US-ATMC Visiting Scholar and Research Partner Activities Kyoko Yoshida, Kawasaki Heavy Industries Yoshito Terada, Hamamatsu Iwata Shinkin Bank Aki Takahashi, Brilliant Hope / Musashi Sakai Driving School Zack Okazaki, Nippon Life Insurance Co. Yoshio Nose, Nose Kozai Inc. Keishun Nakamura, Mitsubishi Research Institute Yasuhito Ando, Kozo Keikaku Engineering (KKE)

Thank you for participating!! Contact: Richard Dasher, Ph.D. Director – [email protected] Kimberley Williams – Assistant Director (interim) – [email protected] 2021.05.20 Richard B. Dasher, Stanford University 20