シリコンバレー経済圏の本質とSVエコシステム を活用しようとする日本企業の試み

1 SV Stanford University APARC Research Scholar Stanford Silicon Valley New Japan Project (CIGS)International Research Fellow NIRA IT IT Silicon Valley Fintech, IoT, Cloud Computing, 2016 2006 SV SV 3 2% GDP 10% 4 s s 1.

2 2. 5 3. TOYOTA SONY TOSHIBA FUJITSU RCA GM ZENITH RADIO SV 1. 2. 6 3. Designed in CA, Assembled in China NETFLIX TOYOTA SONY TOSHIBA FUJITSU amazon Apple Google Intel CISCO Tesla Tesla Lexus, BMW Elon Musk Tesla Tesla POS + 7 8 CEO Digital Equipment Corp founder Ken Olsen 1977 Google iPhone 500 Microsoft CEO (Steve Balmer)

3 Netflix Blockbuster CEO Jim Keyes 2008 9 Compiled by CB Insights AI SV Whole Foods iPad 10 = IT =IT Capital IQ 1980 2000 2016 $B $B $B 1 IBM General Electric Apple 2 Exxon Exxon Mobil Alphabet 3 Schlumberger Pfizer Microsoft 4 Mobil Cisco Berkshire Hathaway 5 Chevron Wal-Mart Exxon Mobil 6 General Electric Microsoft 7 Halliburton Citigroup Facebook 8 Union Pacific AIG Johnson & Johnson 9 Getty Oil Merck & Co.

4 JPMorgan Chase 10 3M Intel General Electric 11 Merck & Co. Oracle Wells Fargo 12 742 786 1,014 1,176 1,263 1,422 1,629 1,654 1,684 1,841 $B$200B$400B$600B$800B$1,000B$1,200B$1,4 00B$1,600B$1,800B$2,000B2007200820092010 201120122013201420152016 Moody s Investors Service IT 13 31% 32% 33% 33% 36% 39% 39% 41% 46% 47% 69% 68% 67% 67% 64% 61% 61% 59% 54% 53% 30%35%40%45%50%55%60%65%70%75%2007200820 092010201120122013201420152016 Moody s Investors Service IT 14 Moody s Investors Service $B 1 Apple IT 2 Microsoft IT 3 Alphabet IT 4 Cisco Systems IT 5 Oracle IT 6 Johnson & Johnson 7 Amgen 8 Gilead Sciences 9 QUALCOMM IT 10 Facebook IT 11 Ford Motor Company 12 IT 13 Merck & Co.

5 14 Pfizer 15 Intel IT 2017 7 FAMGA 15 F A M G A facebook Apple Microsoft Google (Alphabet) amazon FAMGA vs. TOPIX 16 Bloomberg $0Tn$1Tn$2Tn$3Tn$4Tn$5Tn$6Tn200720082009 2010201120122013201420152016 FAMGA TOPIX TOPIX 46% FAMGA 17 Apple 33% Microsoft 18% Alphabet 12% Facebook 4% 3% 59% 2016 12 Moody s Investors Service FAMGA AI 18 Stanford University Original Silicon Valley Stanford University UCSF Medical Center UC Berkeley Rakuten ORACLE proteus ZENPRISE facebook wealthfront EVERNOTE TESLA MOTORS waze SuerveyMonkey hp box Google ebay vmware intel Adobe Linkedin cisco NETFLIX apple Sun Original Silicon Valley Broader Silicon Valley Ecosystem UCSF Medical Center UC Berkeley Stanford University salesforce airbinb twitter UBER Printerest yelp Square lyA DropBox Genentech YouTube edmodo

6 Rakuten ORACLE proteus ZENPRISE facebook wealthfront EVERNOTE TESLA MOTORS waze SuerveyMonkey hp box Google ebay vmware intel Adobe Linkedin cisco NETFLIX apple Sun UC 2014 UCSF Medical Center A. B. C. D. E. F. 23 Kushida, Kenji E. 2015. "A Strategic Overview of the Silicon Valley Ecosystem: Toward Effectively "Harnessing" Silicon Valley." A. VC VC The Lobby 24 A. VC VC M&A IPO VC IT 25 B.

7 26 B. Google Paul Buchheit (Gmail), Bret Taylor (Google Maps) Friendfeed Facebook Buchheit Taylor Facebook CTO Google Sheryl Sandberg, Facebook Evan Williams, eBlogger Google Google Blogger Twitter Youtube Paypal Yahoo CEO Marissa Mayer Tesla Motors PayPal Elon Musk 27 B. Yoky) (Nest CTO) UC Berkeley) MIT (neurobotics) AI MacArthur Fellowship Genius Grant GoogleX Nest Nest Google Apple Apple Nest CTO Nest Google AI 28 ( IPO) M A) ( (Zip2) $ M Paypal eBay ($ ) Tesla Motors SpaceX Paypal Mafia LinkedIn, Youtube, Yelp, Yammer, Palantir $1 billion C.

8 2015-16 9420 48 Fredrick Terman C. solid state physics AI) John Hennessy RISC C. UC Berkeley Hal Varian AI Fei Fei Li AI C. UC Lawrence Livermore Labs, Los Alamos National Labs NASA D.

9 VC IPO M&A R&D US IPOs by year US VC Backed M&As by year Year # of VC backed IPOs Deal Value ($M) 2004 79 2005 43 2006 59 2007 87 2008 10 2009 10 2010 42 2011 46 2012 60 2013 89 2014 122 10, 2015 77 2016 39 Year # of Acquisitions # disclosed values Deal Value ($M) 2004 341 179 19, 2005 386 166 14, 2006 451 227 20, 2007 515 245 33, 2008 455 177 17, 2009 472 146 14, 2010 651 232 26, 2011 687 257 30, 2012 799 252 32, 2013 796 247 27, 2014 918 297 71, 2015 884 258 42, 2016 687 177 43, Source: NVCA 2017 Yearbook.

10 Data provided by Pitchbook E. F. IC William Shockley (Bell Labs Transistor Fairchild Semiconductor 1950 VC R&D Fairchild Semiconductor VC Intel, Sun Microsystems, AMD, Silicon Kleiner Perkins Google, eBay, Paypal, Apple Intel, AMD, The 92 public companies that can be traced back to Fairchild are now worth about $ trillion, which is more than the annual GDP of Canada, India, or Spain.)