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World Affairs Online
This book examines two factors which are at the heart of Japanese management - the pursuit of growth and the intensive competition within and between Japanese firms. The author looks at how they interact and how they affect economic efficiency, stability, and dynamism. He avoids popular cultural/sociological explanations and applies economic principles to understanding the Japanese firm.
In: Discussion paper series
In: Strukturpolitik
World Affairs Online
In: Discussion papers
In: Strukturpolitik = Industrial policy 85,16
World Affairs Online
In: Discussion papers
In: Strukturpolitik = Industrial policy 83,15
In: Discussion papers / Strukturpolitik = Industrial policy / IIMV, 82,31
World Affairs Online
This book investigates the growth of an economy with management-controlled corporations. It begins by studying the behaviour of a corporation whose management maximizes the rate of growth constrained by the threat of takeover, and in which research and development efforts are made to raise labour productivity. The growth of an economy consisting of a limited number of such corporations is then analysed. In this economy the stocks of corporations are the sole means of wealth-holding available to households. This theory is compared with other well-established growth theories, and some extensions of the basic theory, including policy implications, are also presented. The book contains many important innovative features: the combination of micro- and macro-economic analyses, the consideration of research and development activity, and the role of corporate stocks in economic growth. These features contribute to the major conclusion that the behaviour of management – a product of its preferences and of its environment – is an important factor in economic growth. Applying this conclusion to compare corporate growth in Japan and the United States, the author finds that the Japanese business environment makes management pursue corporate growth more vigourously than in the United States
In: Research Policy, Band 14, Heft 3, S. 117-130
In: Research policy: policy, management and economic studies of science, technology and innovation, Band 14, Heft 3, S. 117-130
ISSN: 0048-7333
World Affairs Online
In: Kyklos: international review for social sciences, Band 35, Heft 2, S. 223-243
ISSN: 1467-6435
In: Research Policy, Band 41, Heft 5, S. 939-952
In: Research policy: policy, management and economic studies of science, technology and innovation, Band 33, Heft 5, S. 807-828
ISSN: 1873-7625
In: Research Policy, Band 25, Heft 7, S. 1059-1079