David Grigsby, a professor at Clemson University in South Carolina, recalls how just a few years ago newspapers blared: "Forget what you know about business. This is a new world, an e-world. You have to relearn everything."

That's all changed again, Grigsby told a June 18 symposium at Keidanren Hall in Tokyo.

The symposium, organized by Keizai Koho Center, was part of a program to invite educators from U.S. business schools to Japan for exchanges with corporate officials, government bureaucrats and experts. Twelve U.S. scholars took part in the nine-day program, the eighth of its kind, which took them to such firms as Toyota Motor Corp., Matsushita Electric Industrial Co. and NTT DoCoMo.