Acquiring, Adapting and Developing Technologies: Lessons by Kwan S. Kim, Fumio Maki, Ryoshin Minami, Joung-hae Seo
By Kwan S. Kim, Fumio Maki, Ryoshin Minami, Joung-hae Seo
Economic growth calls for technological improvement, which in flip is determined by a country's social ability to procure, assimilate, and enhance new applied sciences. targeting the evolution of Japan's financial 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 mandatory social skill for technological innovation and absorption. Successive chapters handle the explicit studies of a couple of key eastern industries in this approach. each one business case examine is written by means of an said professional within the box and provides fabric of important curiosity to experts in monetary improvement in a sort that also is obtainable to the nonspecialist. The publication concludes with a precis of worthwhile classes, variously appropriate to international locations in any respect the several levels of industrialization.
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Extra info for Acquiring, Adapting and Developing Technologies: Lessons from the Japanese Experience
44. 45. 46. 47. 48. 49. 50. 51. 52. 53. 54. 55. 56. 180). 367. For similar findings, see Blumenthal (1979). 226. 390-1. 390-1. 108-9. 232-3. As for the Japanese internal labour market, see Galenson and Odaka (1976), and Koike (1987). 233. 129. 269. 279-82. In the early phase of industrialization, the traditional craftsmen played an important role in technology transfer. Given their experiences in indigenous technologies, they could quick master the knowledge of foreign machines and instruments and succeeded in developing hybrid technologies through the process of repairing, breaking up and reassembling.
Between 1961 and 1990, no fewer than 94 associations were formed; of those, 52 are still functioning. Participants attending joint research programmes can share information and experiences with each other. These programmes have been instrumental in disseminating technological knowledge among firms and industries. The Role of Government Although Japan's success in economic development can, to a large extent, be attributed to the role of the private sector, the role of government cannot be denied either.
The government considered domestic exhibitions and fairs as one pillar of Shokusan K6gy6 Seisaku (policies to promote industrialization). The objective of the exhibitions and fairs was to appraise the exhibits and give a prize to the most excellent exhibitors, which resulted in the improvement of product quality and production know-how. Another important function of the exhibitions and fairs was to promote the diffusion of technological information which was embodied in the exhibits. 53 Industrial Organization The most conspicuous feature of industrial organization in Japan is the formation of enterprise groups: zaibatsu in the pre-war period, and keiretsu (business group) in the post-war period.