Information Technology Innovation and the Japanese Economy

Information Technology Innovation and the Japanese Economy PDF Author: Kazunori Minetaki
Publisher: Stanford Economics & Finance
ISBN:
Category : Business & Economics
Languages : en
Pages : 244

Get Book

Book Description
The notion that innovation in information technology could spark a revitalization of the Japanese economy became a hot topic in 2000, and the Japanese government announced an e-Japan Strategy for creating a "knowledge emergent society" in January 2001. However, just when a consensus seemed to be emerging regarding the importance of IT innovation in Japan, the country's IT industries were deeply influenced by a recession that originated in the U.S. Although economic conditions have improved, strong IT-driven economic growth in Japan has not bounced back. Using a newly constructed set of data, this book examines how the Japanese economy has been affected by advances in information and communications technology, and whether Japan's experience with IT advancement was a short-lived bubble or part of a truly revolutionary change in the Japanese economy that will lead to long-term growth. The authors discuss similarities and differences between Japan's experience with IT innovation and that of the United States, where IT is thought to have played a major role in stimulating the economy.

Information Technology Innovation and the Japanese Economy

Information Technology Innovation and the Japanese Economy PDF Author: Kazunori Minetaki
Publisher: Stanford Economics & Finance
ISBN:
Category : Business & Economics
Languages : en
Pages : 244

Get Book

Book Description
The notion that innovation in information technology could spark a revitalization of the Japanese economy became a hot topic in 2000, and the Japanese government announced an e-Japan Strategy for creating a "knowledge emergent society" in January 2001. However, just when a consensus seemed to be emerging regarding the importance of IT innovation in Japan, the country's IT industries were deeply influenced by a recession that originated in the U.S. Although economic conditions have improved, strong IT-driven economic growth in Japan has not bounced back. Using a newly constructed set of data, this book examines how the Japanese economy has been affected by advances in information and communications technology, and whether Japan's experience with IT advancement was a short-lived bubble or part of a truly revolutionary change in the Japanese economy that will lead to long-term growth. The authors discuss similarities and differences between Japan's experience with IT innovation and that of the United States, where IT is thought to have played a major role in stimulating the economy.

Managing Innovation in Japan

Managing Innovation in Japan PDF Author: Chihiro Watanabe
Publisher: Springer Science & Business Media
ISBN: 3540892729
Category : Science
Languages : en
Pages : 256

Get Book

Book Description
This book summarizes highlights of the investigation of “An Elucidation of the Role of Institutional Systems in Characterizing Technology Development Trajectories – A Global Comparative Analysis of Manufacturing Technology and Information Te- nology in the Enhancement of Business Practice” supported by Grant-in-Aid for Scienti?c Research (S) by Japan’s Ministry of Education, Culture, Sports, Science and Technology/Japan Society for Science Policy over the period 2002–2006. Background and objectives of the investigation are summarized as follows: (a) Japan ranks far below the level of the USA with respect to the development and utilization of information technology (IT) in the information society that emerged in the 1990s. (b) This can be attributed toa vicious cycle between Japan’s non-elastic institutions, insuf?cient utilization of the potential bene?ts of IT, and economic stagnation. (c) The source of such a vicious cycle can be derived from the fundamental d- ferences of the characterizing process of technology between manufacturing technology (MT) and IT during their diffusion processes. This investigation - tempted to elucidate this mechanism. Noteworthy ?ndings obtained include: (a) MT has been developed largely by the supply side and its functionality is - tablished during the stage of its supply to the market. In contrast, IT is strongly driven by the demand side and its functionality is created through diffusion in a self-propagating way. This contrast can be clearly observed in the dramatic advancement of Japan’s mobile phone industry in the late 1990s.

Japan's Growing Technological Capability

Japan's Growing Technological Capability PDF Author: National Research Council
Publisher: National Academies Press
ISBN: 0309047803
Category : Technology & Engineering
Languages : en
Pages : 244

Get Book

Book Description
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.

21st Century Innovation Systems for Japan and the United States

21st Century Innovation Systems for Japan and the United States PDF Author: National Research Council
Publisher: National Academies Press
ISBN: 0309136628
Category : Technology & Engineering
Languages : en
Pages : 302

Get Book

Book Description
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.

Acquiring, Adapting and Developing Technologies

Acquiring, Adapting and Developing Technologies PDF Author: Kwan S. Kim
Publisher: Springer
ISBN: 1349237752
Category : Business & Economics
Languages : en
Pages : 362

Get Book

Book Description
Economic progress requires technological development, which in turn depends on a country's social capacity to acquire, assimilate, and develop new technologies. Focusing on the evolution of Japan's economy from the Meiji Restoration to the present day, this volume provides an authoritative account, firmly grounded in theoretical and empirical analysis, of the country's attempts to generate the necessary social capacity for technological innovation and absorption. Successive chapters address the specific experiences of a number of key Japanese industries during this process. Each industrial case study is written by an acknowledged expert in the field and presents material of significant interest to specialists in economic development in a form that is also accessible to the nonspecialist. The book concludes with a summary of useful lessons, variously applicable to countries at all the different stages of industrialization.

Management of Technology and Innovation in Japan

Management of Technology and Innovation in Japan PDF Author: Cornelius Herstatt
Publisher: Springer Science & Business Media
ISBN: 354031248X
Category : Business & Economics
Languages : en
Pages : 413

Get Book

Book Description
What Makes this Book Unique? No crystal ball is required to safely predict, that in the future – even more than in the past – mastered innovativeness will be a primary criterion distinguishing s- cessful from unsuccessful companies. At the latest since Michael Porter’s study on the competitiveness of nations, the same criterion holds even for the evaluation of entire countries and national economies. Despite the innumerable number of p- lications and recommendations on innovation, competitive innovativeness is still a rare competency. The latest publication of UNICE – the European Industry - ganization representing 20 million large, midsize and small companies – speaks a clear language: Europe qualifies to roughly 60% (70%) of the innovation strength of the US (Japan). The record unemployment in many EU countries does not c- tradict this message. A main reason may be given by the fact that becoming an innovative organi- tion means increased openness towards the new and more tolerance towards risks and failures, both challenging the inherently difficult management art of cultural change. Further, lacking innovativeness is often related to legal and fiscal barriers which rather hinder than foster innovative activities. Yet another reason to explain Europe’s notorious innovation gap refers to insufficient financial R&D resources on the company as well as on the national level. As a result, for example, hi- ranking decisions on the level of the European Commission are taken to increase R&D expenditures in the European Union from roughly 2% to 3% of GNP.

Technology, Policy, and Economic Performance

Technology, Policy, and Economic Performance PDF Author: Christopher Freeman
Publisher: Burns & Oates
ISBN:
Category : Japan
Languages : en
Pages : 176

Get Book

Book Description


Innovation Nation

Innovation Nation PDF Author: C. Holroyd
Publisher: Springer
ISBN: 0230599451
Category : Business & Economics
Languages : en
Pages : 202

Get Book

Book Description
This book explores Japan's efforts to promote the commercial benefits of science and technology. Japan has made major scientific investments, with a view to enhancing the country's medium and long-term economic prospects; these successful efforts have re-enforced the country's reputation as a leader in the promotion of national innovation.

Technology and Innovation in Japan

Technology and Innovation in Japan PDF Author: Martin Hemmert
Publisher: Routledge
ISBN: 1134653638
Category : Business & Economics
Languages : en
Pages : 275

Get Book

Book Description
Long-awaited reforms in technology policy and corporate strategy are now taking place in Japan. This book asks whether it is the programme of reform or the will and ability to implement reforms which is new.

Small Firms and Innovation Policy in Japan

Small Firms and Innovation Policy in Japan PDF Author: Cornelia Storz
Publisher: Routledge
ISBN: 1134207514
Category : Business & Economics
Languages : en
Pages : 208

Get Book

Book Description
This new book discusses the extent to which the Japanese economy encourages entrepreneurship and innovation. Although Japan has a strong reputation as an innovator, some people argue that this reputation is misplaced. Contrary to earlier expectations, the USA rather than Japan emerged as the leader in the biotech industries in the 1990s, and also many small firms in Japan supply only a few – or just one – other company, thereby limiting their view of the marketplace and the commercial opportunities within it. Despite the increase of international patents, international scientific citations and a positive technology trade balance, the Japanese innovation system is weak in giving birth to radical innovations. The book explores fully these issues, making comparisons with other countries where appropriate. It concludes that the Japanese innovation system has both advantages and disadvantages and contributes to a better understanding of how policy changes take place.