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Decentralized Information Processing and Hierarchical Monitoring: The Case of Japan

In: Social Capability and Long-Term Economic Growth

Author

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  • Masahiko Aoki

Abstract

The principal focus of the KDI Twentieth Anniversary Conference was to examine the role of ‘social absorption capability’ in the economic development process in a comparative perspective. Social absorption capability is defined as ‘the ability of a developing country to acquire, adapt and internalize technology and managerial know-how already developed by industrially advanced countries’. I was specifically asked to summarize possible implications of the Japanese development experience for understanding the nature of such capability.

Suggested Citation

  • Masahiko Aoki, 1995. "Decentralized Information Processing and Hierarchical Monitoring: The Case of Japan," Palgrave Macmillan Books, in: Bon Ho Koo & Dwight H. Perkins (ed.), Social Capability and Long-Term Economic Growth, chapter 8, pages 159-180, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-13512-7_8
    DOI: 10.1007/978-1-349-13512-7_8
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    Cited by:

    1. Alessandro Innocenti & Sandrine Labory, 2004. "Outsourcing and Information Management," European Journal of Comparative Economics, Cattaneo University (LIUC), vol. 1(1), pages 107-125, June.

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