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Visions of Innovation: The Firm and Japan

Author

Listed:
  • Fransman, Martin

    (Institute for Japanese-European Technology Studies (JETS), Edinburgh)

Abstract

Computers, telecommunications equipment, semiconductorsthe products and technologies of the information and communications industry (IC)have transformed our world. Most of these products were initially developed in Western countries, but by the early 1990s some of the world's largest companies in the field were Japanese. This book explains the resurgence of Japan's IC giants, their global status, and their strengths and weaknesses.Empirical scrutiny of their evolution is complemented by the author's own theory of the most appropriate mehtod for studying the dynamics of industrial change. The author argues that in order to understand the evolution of IC companies and industries, it is necessary to create a theory of the firm capable of encompassing the development of real firms in the real world in real time. This approach stresses the importance of the beliefs that are constructed in the firm under conditions of 'interpretive ambiguity', which guide the firm's decisions and its reactions to new technologies. Lengthy analyses of NEC and NTT (by far the world's largest company in terms of market value; its future currently under government scrutiny), and of the computing, switching, and optical fibre industries, illustrate these concepts. Based on over 600 interviews over eight years with Japanese leaders, this book provides important new material on the past, present, and future of Japanese industry.

Suggested Citation

  • Fransman, Martin, 1999. "Visions of Innovation: The Firm and Japan," OUP Catalogue, Oxford University Press, number 9780198289357.
    • Handle: RePEc:oxp:obooks:9780198289357
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    Citations

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    Cited by:

    1. Witt Ulrich, 2012. "Ordnungsökonomik und Soziale Marktwirtschaft in Bedrängnis / Ordo-liberalism and the German “Social Market Economy” in qunadary?," ORDO. Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft, De Gruyter, vol. 63(1), pages 159-178, January.
    2. Michael Dietrich & Jackie Krafft, 2012. "The Economics and Theory of the Firm," Chapters, in: Michael Dietrich & Jackie Krafft (ed.), Handbook on the Economics and Theory of the Firm, chapter 1, Edward Elgar Publishing.
    3. Klaus Rathe & Ulrich Witt, 2001. "The Nature of the Firm – Static versus Developmental Interpretations," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 5(3), pages 331-351, September.
    4. Jackie Krafft, 2004. "Shakeout in industrial dynamics: new developments, new puzzles," Chapters, in: John Foster & Werner Hölzl (ed.), Applied Evolutionary Economics and Complex Systems, chapter 8, Edward Elgar Publishing.
    5. Adam S. Posen, 2001. "Unchanging Innovation and Changing Economic Performance in Japan," Working Paper Series WP01-5, Peterson Institute for International Economics.
    6. Rachel Xenia Chang & Mário Henrique Ogasavara, 2021. "The impact of institutional distance and experiential knowledge on the internationalization speed of Japanese MNEs," Asian Business & Management, Palgrave Macmillan, vol. 20(5), pages 549-582, November.
    7. Michael Dietrich & Jackie Krafft, 2012. "Economics and Theory of the Firm, Chap. 1 of the Handbook on Economics and Theory of the Firm, M. Dietrich and Jackie Krafft (eds), Edward Elgar: Cheltenham, 2012," Post-Print halshs-00742302, HAL.
    8. Ewa Kopczynska & Joao J. Ferreira, 2020. "Smart Specialization as a New Strategic Framework: Innovative and Competitive Capacity in European Context," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 11(2), pages 530-557, June.
    9. Morero, Hernán, 2010. "Internacionalización, Tramas Productivas y Sistema Nacional de Innovación [Internationalization, Production Networks and National System of Innovation]," MPRA Paper 26964, University Library of Munich, Germany.
    10. Maki Umemura, 2014. "Crisis and change in the system of innovation: The Japanese pharmaceutical industry during the Lost Decades, 1990-2010," Business History, Taylor & Francis Journals, vol. 56(5), pages 816-844, July.
    11. Rivera, Sandra A. & Agama, Laurie-Ann & Dean, Judith, 2003. "Africa Beyond 2005: Understanding the Impact of Eliminating NTBs and Tariffs on Textiles and Clothing," Conference papers 331137, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    12. Madhav Govind & Merle Küttim, 2016. "International Knowledge Transfer from University to Industry: A Systematic Literature Review," Research in Economics and Business: Central and Eastern Europe, Tallinn School of Economics and Business Administration, Tallinn University of Technology, vol. 8(2).
    13. Morero, Hernan Alejandro, 2013. "Internacionalizacion y Sistema Nacional de Innovacion argentino: una perspectiva de tramas productivas. Los casos automotriz y siderurgico [Internationlization and argentinean National System of In," MPRA Paper 44409, University Library of Munich, Germany.
    14. Lambert, Bruce Henry, 2000. "Building Innovative Communities: Lessons from Japan's Science City Projects," EIJS Working Paper Series 107, Stockholm School of Economics, The European Institute of Japanese Studies.
    15. Jackie Krafft, 2003. "Vertical structure of the industry and competition: an analysis of the info-communications industry," Post-Print hal-00203652, HAL.
    16. Hadida, Allègre L. & Paris, Thomas, 2014. "Managerial cognition and the value chain in the digital music industry," Technological Forecasting and Social Change, Elsevier, vol. 83(C), pages 84-97.
    17. Carlsson, Bo, 2006. "Internationalization of innovation systems: A survey of the literature," Research Policy, Elsevier, vol. 35(1), pages 56-67, February.
    18. Ratliff, John M., 2004. "The persistence of national differences in a globalizing world: the Japanese struggle for competitiveness in advanced information technologies," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 33(1), pages 71-88, March.
    19. Lehrer, Mark & Asakawa, Kazuhiro & Behnam, Michael, 2011. "Home base-compensating R&D: Indicators, public policy, and ramifications for multinational firms," Journal of International Management, Elsevier, vol. 17(1), pages 42-53, March.

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