Manufacturing Sectoral Growth in the USA and Japan: Relevance to SMEs, Organizational Innovations, and Recent Economic Growth
AbstractAlthough economic growth is inherently linked with the structure and nature of SMEs (e.g. their number, industry concentration, size, degree of outsourcing, etc), as this has been shown in the existing literature, OIs, more generally, are the context in which SMEs operate and hence OIs ought to be more closely examined in order to further understand the complex process of economic growth and the particular impact of SMEs on the latter. In this paper, a detailed comparison of the growth of manufacturing sectors in the USA and Japan is used as an indirect way to demonstrate the following proposition. Although SMEs have played a positive role in the postwar economic Japanese miracle, they are not a sufficient force for a sustainable economic growth, as the recent protracted recession in Japan shows. It is only when technological innovations and in particular OIs take place in the economy that this type of growth is possible, as this is also demonstrated in the recent American prolonged economic growth.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by School of Economics, University of Wollongong, NSW, Australia in its series Economics Working Papers with number wp02-09.
Length: 24 pages
Date of creation: 2002
Date of revision:
Contact details of provider:
Postal: School of Economics, University of Wollongong, Northfields Avenue, Wollongong NSW 2522 Australia
Phone: +612 4221-3659
Fax: +612 4221-3725
Web page: http://business.uow.edu.au/econ/index.html
More information through EDIRC
organizational innovations; disembodied technology; firms; economic growth; historical review;
This paper has been announced in the following NEP Reports:
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Sanidas, E., 2001. "The Successful Imitation of the Japanese Lean Production System by American Firms: Impact on American Economic Growth," Economics Working Papers wp01-02, School of Economics, University of Wollongong, NSW, Australia.
- repec:fth:harver:1487 is not listed on IDEAS
- Takatotshi Ito, 1996. "Japan and the Asian Economies: A 'Miracle' in Transition," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 27(2), pages 205-272.
- Sanidas, Elias, 2002. "Leading Manufacturing Sectors in the USA and Japan During 1899-1937 and Organizational Innovations: Embeddedness for Corporate Strategy," Economics Working Papers wp02-20, School of Economics, University of Wollongong, NSW, Australia.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Peter Siminski).
If references are entirely missing, you can add them using this form.