Industry and Business in Japan

Industry and Business in Japan
Author: Kazuo Sato
Publisher: Routledge
Total Pages: 327
Release: 2010-10-18
Genre: Business & Economics
ISBN: 1136910212

This volume analyzes Japan’s industrial organization both from a historical perspective and by looking in details at specific industries such as iron, steel and the automotive industry. Big business, business groups and industrial policy are also discussed. The volume also provides a survey of the literature in Japanese which will help the reader in search of original sources.

21st Century Innovation Systems for Japan and the United States

21st Century Innovation Systems for Japan and the United States
Author: National Research Council
Publisher: National Academies Press
Total Pages: 302
Release: 2009-05-15
Genre: Technology & Engineering
ISBN: 0309136628

Recognizing that a capacity to innovate and commercialize new high-technology products is increasingly a key for the economic growth in the environment of tighter environmental and resource constraints, governments around the world have taken active steps to strengthen their national innovation systems. These steps underscore the belief of these governments that the rising costs and risks associated with new potentially high-payoff technologies, their spillover or externality-generating effects and the growing global competition, require national R&D programs to support the innovations by new and existing high-technology firms within their borders. The National Research Council's Board on Science, Technology, and Economic Policy (STEP) has embarked on a study of selected foreign innovation programs in comparison with major U.S. programs. The "21st Century Innovation Systems for the United States and Japan: Lessons from a Decade of Change" symposium reviewed government programs and initiatives to support the development of small- and medium-sized enterprises, government-university- industry collaboration and consortia, and the impact of the intellectual property regime on innovation. This book brings together the papers presented at the conference and provides a historical context of the issues discussed at the symposium.

Between MITI and the Market

Between MITI and the Market
Author: Daniel I. Okimoto
Publisher: Stanford University Press
Total Pages: 572
Release: 1989
Genre: Technology & Engineering
ISBN: 0804718121

Over the postwar period, the scope of industrial policy has expanded markedly. Governments in virtually all advanced industrial countries have extended the visible hand of the state in assisting specific industries or individual companies. Although greater government involvement in some countries has lessened the dislocations brought about by slower growth rates, industrial policy has also caused or exacerbated a number of other problems, including distortions in the allocation of capital and labor and trade conflicts that undermine the postwar system of free trade. Only Japan is widely cited as an unambiguous success story. The effectiveness of its industrial policy is revealed in the successful emergence of one government-targeted industry after another as world-class competitors: for example, steel, automobiles, and semiconductors. Foreign countries fear that a number of still-developing industries—like biotechnology, telecommunications, and information processing—will follow the same pattern. But is industrial policy the main reason for Japan's economic achievements? The author asserts that the reasons for Japan's spectacular track record go well beyond the realm of industrial policy into broad areas of the political economy as a whole. In this book, the author attempts to identify the reasons for the comparative effectiveness of Japanese industrial policy for high technology by answering the following questions: What is the attitude of Japanese leaders toward state intervention in the marketplace? What is the Ministry of International Trade and Industry (MITI) doing to promote the development of high technology? How has the organization of the private sector contributed to MITI's capacity to intervene effectively? What elements in Japan's political system help insulate industrial policymaking from the demands of interest-group politics?

MITI and the Japanese Miracle

MITI and the Japanese Miracle
Author: Chalmers Johnson
Publisher: Stanford University Press
Total Pages: 818
Release: 1982-06
Genre: Political Science
ISBN: 080476560X

The focus of this book is on the Japanese economic bureaucracy, particularly on the famous Ministry of International Trade and Industry (MITI), as the leading state actor in the economy. Although MITI was not the only important agent affecting the economy, nor was the state as a whole always predominant, I do not want to be overly modest about the importance of this subject. The particular speed, form, and consequences of Japanese economic growth are not intelligible without reference to the contributions of MITI. Collaboration between the state and big business has long been acknowledged as the defining characteristic of the Japanese economic system, but for too long the state's role in this collaboration has been either condemned as overweening or dismissed as merely supportive, without anyone's ever analyzing the matter. The history of MITI is central to the economic and political history of modern Japan. Equally important, however, the methods and achievements of the Japanese economic bureaucracy are central to the continuing debate between advocates of the communist-type command economies and advocates of the Western-type mixed market economies. The fully bureaucratized command economies misallocate resources and stifle initiative; in order to function at all, they must lock up their populations behind iron curtains or other more or less impermeable barriers. The mixed market economies struggle to find ways to intrude politically determined priorities into their market systems without catching a bad case of the "English disease" or being frustrated by the American-type legal sprawl. The Japanese, of course, do not have all the answers. But given the fact that virtually all solutions to any of the critical problems of the late twentieth century--energy supply, environmental protection, technological innovation, and so forth--involve an expansion of official bureaucracy, the particular Japanese priorities and procedures are instructive. At the very least they should forewarn a foreign observer that the Japanese achievements were not won without a price being paid.

The Changing Economics of Medical Technology

The Changing Economics of Medical Technology
Author: Institute of Medicine
Publisher: National Academies Press
Total Pages: 225
Release: 1991-02-01
Genre: Medical
ISBN: 030904491X

Americans praise medical technology for saving lives and improving health. Yet, new technology is often cited as a key factor in skyrocketing medical costs. This volume, second in the Medical Innovation at the Crossroads series, examines how economic incentives for innovation are changing and what that means for the future of health care. Up-to-date with a wide variety of examples and case studies, this book explores how payment, patent, and regulatory policiesâ€"as well as the involvement of numerous government agenciesâ€"affect the introduction and use of new pharmaceuticals, medical devices, and surgical procedures. The volume also includes detailed comparisons of policies and patterns of technological innovation in Western Europe and Japan. This fact-filled and practical book will be of interest to economists, policymakers, health administrators, health care practitioners, and the concerned public.

Japan Remodeled

Japan Remodeled
Author: Steven Kent Vogel
Publisher: Cornell University Press
Total Pages: 276
Release: 2006
Genre: Business & Economics
ISBN: 9780801473715

As the Japanese economy languished in the 1990s Japanese government officials, business executives, and opinion leaders concluded that their economic model had gone terribly wrong. They questioned the very institutions that had been credited with Japan's past success: a powerful bureaucracy guiding the economy, close government-industry ties, "lifetime" employment, the main bank system, and dense interfirm networks. Many of these leaders turned to the U.S. model for lessons, urging the government to liberate the economy and companies to sever long-term ties with workers, banks, suppliers, and other firms.Despite popular perceptions to the contrary, Japanese government and industry have in fact enacted substantial reforms. Yet Japan never emulated the American model. As government officials and industry leaders scrutinized their options, they selected reforms to modify or reinforce preexisting institutions rather than to abandon them. In Japan Remodeled, Steven Vogel explains the nature and extent of these reforms and why they were enacted.Vogel demonstrates how government and industry have devised innovative solutions. The cumulative result of many small adjustments is, he argues, an emerging Japan that has a substantially redesigned economic model characterized by more selectivity in business partnerships, more differentiation across sectors and companies, and more openness to foreign players.

The Entrepreneur who Built Modern Japan

The Entrepreneur who Built Modern Japan
Author: Masakazu Shimada
Publisher:
Total Pages: 186
Release: 2017-03-27
Genre: Capitalists and financiers
ISBN: 9784916055798

"In this penetrating biography of Shibusawa Eiichi (1840-1931), one of Japan's foremost entrepreneurs, Shimada Masakazu traces Shibusawa's youth, when he witnessed the decay of Japan's feudal society and experienced the benefits of modernization at first hand in Europe; his service in the Ministry of Finance of the new Meiji government in its early years; and his venture into business and involvement in literally hundreds of companies as he set about building the roots of modern corporate Japan. Shimada also looks closely at Shibusawa's social activities and his insistence that economics and morals are inseparable. In troubled times like the present, when the limits of capitalism are being seen around the world, Shibusawa's vision is as relevant as ever"--Back cover.

Japan's Growing Technological Capability

Japan's Growing Technological Capability
Author: National Research Council
Publisher: National Academies Press
Total Pages: 244
Release: 1992-02-01
Genre: Technology & Engineering
ISBN: 0309047803

The perspectives of technologists, economists, and policymakers are brought together in this volume. It includes chapters dealing with approaches to assessment of technology leadership in the United States and Japan, an evaluation of future impacts of eroding U.S. technological preeminence, an analysis of the changing nature of technology-based global competition, and a discussion of policy options for the United States.

Forestry and the Forest Industry in Japan

Forestry and the Forest Industry in Japan
Author: Yoshiya Iwai
Publisher: UBC Press
Total Pages: 342
Release: 2002
Genre: Business & Economics
ISBN: 9780774808835

In recent years, Japan, like many other forest-dependent nations, has been facing difficult times: forest self-sufficiency is low; unplanted areas after harvesting are increasing; and forest industries and companies are losing international competitiveness in the global market. Such challenges, however, are not unique to Japan but are relevant - and all too familiar - to forest industry stakeholders around the world. This book, representing the work of distinguished Japanese scholars, is the first comprehensive English-language overview of forestry, forest management, and the forest products industry in Japan. Chapters address the biological and physical evolution of the forest, forest-dependent industries, the social impact of changes in forest utilization, current trends in the forest estate, and the relationship between urban population and rural forest land. Forestry and the Forest Industry in Japan will be welcomed by scholars, students, and policy makers in the areas of forest policy, international trade, international forestry, and forest products marketing.