IDEAS home Printed from https://ideas.repec.org/h/spr/eclchp/978-981-99-0321-4_11.html
   My bibliography  Save this book chapter

Demography and Digital Transformation in Japan

In: Adopting and Adapting Innovation in Japan's Digital Transformation

Author

Listed:
  • Brian Stewart

    (Simon Fraser University)

Abstract

Japan is the world’s third largest economy with global leadership in the automotive sector and industrial manufactured supported by a world class education system and a culture that incorporates a strong work ethic. Despite these advantages Japan’s digital competitiveness is not reflective of their global standing with twenty-eighth position in digital competitiveness, thirty-ninth in talent, a management practices ranking of 62 out of 63 and the lowest adopter of public cloud technology in the G10, reflecting an economy that is slow to adopt digital in both its private and public sectors (IMD, (IMD, (2021) IMD world digital competitiveness ranking 2021. https://www.imd.org › wcc › docs › release-2021) IMD world digital competitiveness ranking 2021. https://www.imd.org › wcc › docs › release-2021). Japan is also the oldest of the advanced economies with 28% of its population 65 and over, triple the world average and an average median age of 48.4 in 2020 (Bloom (Bloom (2020) Population 2020, Demographics can be a potent driver of the pace and process of economic development IMF Finance and Development https://www.imf.org/en/Publications/fandd/issues/2020/03/changing-demographics-and-economic-growth-bloom) Population 2020, Demographics can be a potent driver of the pace and process of economic development IMF Finance and Development https://www.imf.org/en/Publications/fandd/issues/2020/03/changing-demographics-and-economic-growth-bloom ). The low net migration flows of recent decades have combined with a falling birth rate and high urbanization rates to create a unique demographic structure. One that is being increasingly studied as other advanced economies age, in addressing this problem Japan leads the world. The aging of its society has implications for all aspects of Japanese social, political, and economic life. Of relevance here is the impact an older workforce has on the adoption of digital technology and the related management practices and methods that can generate and spur innovation. In composite the question this raises is: how will an aging society affect the adoption rate and depth of digitally enabled business transformation? Restating this, with more of its corporate leadership, managers, employees, and customers looking forward to years of tranquility rather than transformation how will Japan find a path to adopt digital affordances and to adapt its management traditions?

Suggested Citation

  • Brian Stewart, 2023. "Demography and Digital Transformation in Japan," Economics, Law, and Institutions in Asia Pacific, in: Anshuman Khare & William W. Baber (ed.), Adopting and Adapting Innovation in Japan's Digital Transformation, chapter 0, pages 177-191, Springer.
    • Handle: RePEc:spr:eclchp:978-981-99-0321-4_11
    DOI: 10.1007/978-981-99-0321-4_11
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:eclchp:978-981-99-0321-4_11. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.