WABC 2003 features 6 panel discussions,
covering topics ranging from financial markets to political
economy to health care, and how they affect the Asian business
environment.
Panel Themes and Descriptions:
1. Wireless Telecom in Asia
2. Health Care in China
3. Venture Capital and Entrepreneurship
4. Global Management - Creating the Right
Team for Asia
5. Japan Macro Economy
6. The Impact of China on the Dynamics of
Asian Growth
Wireless Telecom in Asia
Wireless telecom markets in Asia are extremely diverse, ranging
from the most populous market, China, to some of the most
sophisticated markets like Korea and Japan. This panel will
focus on the drivers and the dynamics of the wireless telecom
growth in Asia. What are the drivers that will continue to
fuel the growth of these markets? How do the government policies
influence carriers' business models? How do foreign investments
and entities fare in Asia markets? Where is the niche for
small firms and entrepreneurs? What are some unique customer
preferences/behaviors in these markets versus the US and European
markets? The panel will cover technological, governmental,
and business factors that shape the wireless telecom landscape
in Asia.
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Healthcare in China
China continues to attract the interest of international
pharmaceutical and medical equipment companies seeking to
enter this market, with more than 16% annual growth over the
past decade. Demand for better drugs and medical equipment
is driving this market and will increase as the country attempts
to modernize and provide healthcare to a 1.3 billion population.
Will innovation be recognized and rewarded in China as it
progresses to adopt WTO/TRIPS? Is China seeing the Life Sciences
as an area for investment and economic development? Can China
seize the opportunity and compete in the Life Sciences on
the global stage (or more specifically with US industry) or
it will be a "passive" consumer of Life Science
goods and services? How are companies adapting their strategies
in an industry that has such drastic reform?
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Venture Capital and Entrepreneurship
This panel will discuss the environment surrounding an entrepreneur
in Asia from both the venture capitalist’s and the entrepreneur’s
point of view. Current situation and Asia specific aspects
will be discussed, leaving the audience with some thoughts
of how to make better investment decisions and how to build
/ grow a start-up in Asia. Some of the questions addressed
are: What has changed since the bursting of the IT buble?
Will capital return to fund new startups? What is the “next
big thing”? Where do venture capitalists think the next
dynamic engine of growth for Asia will appear? What is unique
for Asia in making investment decision and growing a start-up?
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Japan Macro Economy
The Japanese economy has languished for over a decade and
no effective solution has been implemented. This panel aims
to provide some insights into the problem and talk about possible
solution to this complicated and unforeseen economic problem
from both short-term and long-term perspectives. Our panelists
will address this problem by discussing monetary policy, fiscal
policy, social structure, and the global competitiveness of
Japanese companies. This panel also intends to discuss impacts
that the Japanese economic situation had and will have on
other countries in the world.
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Global Management - Creating the Right Team for Asia
As the Samsungs and the Sanyos seek to acquire a global profile,
Western businesses delve into "Exploring Frontiers"
of new business growth in Asia. Both groups are faced with
the same question: How do they find managers capable of bridging
cultural divides? How do they train leaders capable of adapting
to diverse economic and socio-political settings? This panel
presents the experiences of companies exploring global frontiers,
and what they seek in individuals wishing to be at the cusp
of that wave.
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The Impact of China on the Dynamics of Asian Growth
The rise of China has changed the dynamics of the Asian economy,
providing both opportunities and threats to other Asian countries.
WTO membership promises increased access to China's domestic
markets, investment opportunities and foreign ownership of
firms. Yet simultaneously, China is drawing away foreign direct
investment from other Asian countries, which also have to
compete with China's cheap manufactured exports. This panel
will discuss this tension of co-operation versus competition
and other pertinent issues of ownership structure and regulation.
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