By Kwan S. Kim, Fumio Maki, Ryoshin Minami, Joung-hae Seo
Economic development calls for technological improvement, which in flip depends upon a country's social capability to procure, assimilate, and strengthen new applied sciences. concentrating on the evolution of Japan's economic system from the Meiji recovery to the current day, this quantity presents an authoritative account, firmly grounded in theoretical and empirical research, of the country's makes an attempt to generate the required social capability for technological innovation and absorption. Successive chapters deal with the categorical stories of a few key eastern industries in this procedure. each one business case examine is written via an said professional within the box and provides fabric of important curiosity to experts in fiscal improvement in a sort that also is available to the nonspecialist. The e-book concludes with a precis of necessary classes, variously appropriate to nations in any respect different levels of industrialization.
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Extra info for Acquiring, Adapting and Developing Technologies: Lessons from the Japanese Experience
Gerschenkron, Alexander (1962) Economic Backwardness in Historical Perspective: A Book of Essays (Cambridge, MA: Harvard University Press, Belknap Press). Goto, Akira (1993) 'Technology Importation: Japan's Postwar Experience', in Juro Teranishi and Yutaka K6sai (eds), The Japanese Experience of Economic Reforms (London: Macmillan). International Monetary Fund (1992) International Financial Statistics Year Book (Washington, DC: IMF). Johnson, Chalmers (1982) MIT! and Japanese Miracle: The Growth of Industrial Policy, 1925-75 (Stanford, CA: Stanford University Press).
This system, which emerged after the First World War, quickly expanded to the munitions industry during the Second World War. During the period of Japan's rapid economic growth, it had already matured into the current subcontracting system. These business groups and the subcontracting system have played a facilitating role in the diffusion of information. Information can be easily exchanged among member firms. Parent companies normally provide technical guidance to their subcontractors, since the former would need the assurance of quality products from the latter as well.
This change had a positive and a negative effect on the Japanese silk industry: in the case of warps, cheap Japanese silk replaced Italian, French and Shanghai silk, whereas in the case of wefts, much cheaper Kwangtung silk was substituted for Japanese hand-reeled silk. Another and more basic reason why finer raw silk was required in the American market was because power looms began to diffuse throughout the American silk-weaving industry; higher quality threads were required for machine weaving than for hand weaving.
Acquiring, Adapting and Developing Technologies: Lessons from the Japanese Experience by Kwan S. Kim, Fumio Maki, Ryoshin Minami, Joung-hae Seo