Crisis and innovation in Japan: a new future through techno-entrepreneurship?
AbstractThis paper looks at the profound transitions Japan is currently experiencing, focusing on 'techno-entrepreneurship' and ideological currents of nationalism and internationalism. After a brief examination of Japan's financial crisis, it focuses on manufacturing, both in large firms - with a case study of electric-electronics giant Hitachi - and small firms. It then looks at policy attempts to strengthen the science and technology base, and reforms to the bureaucracy itself. While rejecting some of the more simplistic 'systemic failure' explanations of Japan's 'lost decade', it argues that past success made incremental reform problematic, and conversely that multiple transitions have complicated subsequent attempts at reform. A reversion to learning from abroad (notably the US) and openness to inward investment mark a modification of 'techno-nationalism', though not its disappearance.
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Bibliographic InfoPaper provided by ESRC Centre for Business Research in its series ESRC Centre for Business Research - Working Papers with number wp193.
Date of creation: Mar 2001
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Asian Crisis; Japanese political economy; transition; techno-entrepreneurship; science and technology;
Find related papers by JEL classification:
- O0 - Economic Development, Technological Change, and Growth - - General
- O32 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Management of Technological Innovation and R&D
- O53 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East
- P16 - Economic Systems - - Capitalist Systems - - - Political Economy of Capitalism
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- Joost van Acht & Joop Stam & Roy Thurik & Ingrid Verheul, 2004. "Business Ownership and Unemployment in Japan," Tinbergen Institute Discussion Papers 04-036/3, Tinbergen Institute.
- Joost van Acht & Joop Stam & Roy Thurik & Ingrid Verheul, 2004.
"Business Ownership and Unemployment in Japan,"
Papers on Entrepreneurship, Growth and Public Policy
2004-09, Max Planck Institute of Economics, Entrepreneurship, Growth and Public Policy Group.
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