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Is Japan's Innovative Capacity in Decline?

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  • Lee Branstetter
  • Yoshiaki Nakamura
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    Abstract

    This paper investigates changes in the output and productivity of research and development activities in Japanese manufacturing firms over the 1980s and 1990s. Evidence from aggregate patent and R&D statistics and a micro-level analysis of R&D productivity at the firm-level suggest that there has been a slowdown in the growth of Japanese research productivity in the 1990s. The paper goes on to suggest possible explanations for this slowdown and reviews some of the steps Japanese firms are taking to increase the effectiveness of their R&D. The paper presents empirical evidence concerning the impact of one of these steps the creation of technology alliances with U.S. firms on Japanese innovative output.

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    File URL: http://www.nber.org/papers/w9438.pdf
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    Bibliographic Info

    Paper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 9438.

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    Date of creation: Jan 2003
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    Publication status: published as Blomstrom, Magnus, Jennifer Corbett, Fumio Hayashi, and Anil Kashyap. Structural Impediments to Growth in Japan. Chicago, IL: University of Chicago Press, 2003.
    Handle: RePEc:nbr:nberwo:9438

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    References

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    1. Belderbos, Rene, 2001. "Overseas innovations by Japanese firms: an analysis of patent and subsidiary data," Research Policy, Elsevier, Elsevier, vol. 30(2), pages 313-332, February.
    2. Lee Branstetter, 2000. "Is Foreign Direct Investment a Channel of Knowledge Spillovers? Evidence from Japan's FDI in the United States," NBER Working Papers 8015, National Bureau of Economic Research, Inc.
    3. Branstetter, Lee & Sakakibara, Mariko, 1998. "Japanese Research Consortia: A Microeconometric Analysis of Industrial Policy," Journal of Industrial Economics, Wiley Blackwell, Wiley Blackwell, vol. 46(2), pages 207-33, June.
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    Cited by:
    1. Murtaza H. Syed & Jinsook Lee, 2010. "Japan’s Quest for Growth," IMF Working Papers 10/294, International Monetary Fund.
    2. Motohashi, Kazuyuki, 2005. "University-industry collaborations in Japan: The role of new technology-based firms in transforming the National Innovation System," Research Policy, Elsevier, Elsevier, vol. 34(5), pages 583-594, June.
    3. Elizabeth Webster & Paul H. Jensen, 2009. "Do Patents Matter for Commercialization?," Melbourne Institute Working Paper Series, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne wp2009n08, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne.
    4. Sigurdson, Jon, 2004. "Vlsi Revisited – Revival In Japan," EIJS Working Paper Series, The European Institute of Japanese Studies 191, The European Institute of Japanese Studies.

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