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Local Economic Revitalization Or National Industrial Growth? A Comparative Overview Of Small Business Policy In Japan And The U.S

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  • Yuko Aoyama

Abstract

Contrasts in small business policy are examined for Japan and the United States. The author argues that Japan's small business policy has been part of an industrial growth†oriented policy, while comparatively the U.S. small business policy has been mainly part of locally†based economic revitalization schemes. Recent trends in policy development indicate that the policies in the two countries are converging. The U.S. policymakers have become increasingly concerned with the small business sector becoming competitive in global markets, while widespread offshoring of large firms have prompted Japanese policymakers to focus on supporting small businesses in order to prevent further loss of manufacturing jobs.

Suggested Citation

  • Yuko Aoyama, 1996. "Local Economic Revitalization Or National Industrial Growth? A Comparative Overview Of Small Business Policy In Japan And The U.S," Review of Urban & Regional Development Studies, Wiley Blackwell, vol. 8(1), pages 1-14, January.
    • Handle: RePEc:bla:revurb:v:8:y:1996:i:1:p:1-14
    DOI: 10.1111/j.1467-940X.1996.tb00070.x
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    Cited by:

    1. Ki-yong Hong, 2003. "Regional Economic Policy Transition in the Local Government of Korea," ERSA conference papers ersa03p478, European Regional Science Association.

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