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How to construct innovation and supply chains in global corporate management is of particular and crucial importance in determining the international competitiveness of enterprises. Inside and outside Japan there are global corporations that take a global approach based on the competitive advantage they established at home, and those that take a metanational approach based on competitive advantage they established beyond their national borders. These firms are competing fiercely against each other in today's tri-polar market. As Japanese corporations extend their operations globally, where should they find the optimal locations for their innovation and supply chains, and how should they combine their optimal resources in global corporate management to maintain dynamic competitiveness on a global scale? At the same time, in today's Asia, where U.S. and European corporations are increasing their presence and where local firms are becoming more competitive, how can Japanese enterprises maintain and further strengthen their competitive advantage? During this symposium centered around RIETI's research results, participants including Professor Yves Doz, a pioneer in global corporate management, will discuss the issues and challenges Japanese firms will be facing in global corporate management. Discussion will focus on case studies of 1) overseas general semiconductor firms; 2) global innovation and corporate management of the domestic and overseas pharmaceutical and biotechnology industry, and 3) the evolution of production, research and development of Japanese firms in the ASEAN area (Thailand's automotive sector). The symposium will further look into the policy implications as they relate to economic partnership agreements (EPAs) in the Asian region. Information Time and Date: 9:30-18:15, Thursday, January 26, 2006 Venue: Hall, Shinsei Bank (1st Floor, Head Office, 2-1-8 Uchisaiwaicho, Chiyoda-ku, Tokyo) Language: Japanese / English (with simultaneous interpretation) Charge: ¥2,000 (an official receipt will be issued) (Student discount ¥1,000. Please present your student ID at the reception desk.) Hosts: Research Institute of Economy, Trade and Industry (RIETI) Contact: RIETI KATAGIRI Yuki (Ms.), (Tel: 03-3501-8398) * Streaming video footage of and handouts pertaining to the symposium will be available for downloading from the RIETI website after the event.* Purpose of Use of Images Agenda Conference Chair: SANBONMATSU Susumu (Consulting Fellow, RIETI / Senior Researcher, Organization for Small & Medium Enterprises and Regional Innovation, JAPAN / Visiting Professor, Hitotsubashi University) 9:30-9:40 Opening Remarks: YOSHITOMI Masaru (President and CRO, RIETI) 9:40-9:50 Overview of the Main Issues: SANBONMATSU Susumu (Consulting Fellow, RIETI / Senior Researcher, Organization for Small & Medium Enterprises and Regional Innovation, JAPAN / Visiting Professor, Hitotsubashi University) 9:50-10:30 Keynote Speech: "Tapping the World for Global Innovation"Yves DOZ (Professor, Global Technology and Innovation, INSEAD) 10:30-11:00 Presentation "Global Management and Innovation in Japanese Enterprises" - SANBONMATSU Susumu (Consulting Fellow, RIETI / Senior Researcher, Organization for Small & Medium Enterprises and Regional Innovation, JAPAN / Visiting Professor, Hitotsubashi University) 11:00-11:15 Q&A 11:15-11:20 Break 11:20-14:35 Session 1: "Issues of Global Innovation for Japanese Enterprises" Session Chair: Session Chair: ASAKAWA Kazuhiro (Faculty Fellow, RIETI / Professor, Graduate School of Business Administration, Keio University) Presentation "Issues of Global Innovation for Japanese Enterprises" - ASAKAWA Kazuhiro (Faculty Fellow, RIETI / Professor, Graduate School of Business Administration, Keio University) Q&A Lunch Presentation "ST's Globalization Strategy For Continuous Innovation" - Marco CASSIS (Corporate Vice President, STMicroelectronics; President, STMicroelectronics K.K.) Presentation "The Challenge for Global Innovation" - YOSHIDA Toyoji (Member of the Board and General Manager of Corporate Communication Department, Takeda Pharmaceutical Company Limited) Presentation "Disadvantages in External Environments and R&D Management in Pharmaceutical and Biotechnology Industries" - NAKAMURA Hiroshi (Professor, Graduate School of Business Administration, Keio University) Comments - SUGIYAMA Yasuo (Associate Professor, Graduate School of Economics, Kyoto University) - SANBONMATSU Susumu (Consulting Fellow, RIETI / Senior Researcher, Organization for Small & Medium Enterprises and Regional Innovation, JAPAN / Visiting Professor, Hitotsubashi University) - Yves DOZ (Professor, Global Technology and Innovation, INSEAD) Q&A 14:35-14:45 Coffee Break 14:45-16:00 Session 2: "Evolution of Production, Research and Development of Japanese Enterprises in ASEAN" (Case Study the Thai Automobile Industry) Session Chair: HISATAKE Masato (Senior Fellow, RIETI) Presentation "Evolution of Production, Research and Development of Japanese Enterprises in ASEAN" (Case Study of the Thai Automobile Industry) - OHKI Hiromi (Director, International Economic Research Division, Economic Research Department, Japan External Trade Organization (JETRO)) Comments - SUGIYAMA Yasuo (Associate Professor, Graduate School of Economics, Kyoto University) - Yves DOZ (Professor, Global Technology and Innovation, INSEAD) Q&A 16:00-16:10 Coffee Break 16:10-18:05 Panel Discussion: "The Strengths of Global Management of Japanese Enterprises and Further Challenges" Session Chair: YAHAGI Tsuneo (Professor, Graduate School of Business and Graduate School of Medicine, Keio University) Presentation of the Proposal SANBONMATSU Susumu (Consulting Fellow, RIETI / Senior Researcher, Organization for Small & Medium Enterprises and Regional Innovation, JAPAN / Visiting Professor, Hitotsubashi University) Discussants - FUJIYAMA Tomohiko (General Manager, Corporate Strategy and Research Department, Mitsubishi Corporation) - KOBAYASHI Toshinori (Director, International Economic Affairs Division, Trade Policy Bureau, METI) - Yves DOZ (Professor, Global Technology and Innovation, INSEAD) - ASAKAWA Kazuhiro (Faculty Fellow, RIETI / Professor, Graduate School of Business Administration, Keio University) Q&A 18:05-18:15 Closing Remarks: OIKAWA Kozo (Chairman, RIETI) 18:15-19:45 Reception * The agenda is subject to change. 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