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Business Enterprise in Japan: Views of Leading Japanese Economists
 
 
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Business Enterprise in Japan: Views of Leading Japanese Economists [Hardcover]

Kenichi Imai (Editor), Ryutaro Komiya (Editor)

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Book Description

January 9, 1995

Is capitalism everywhere driven by the same logic of market forces, contract, and individualistic motivation? Or is Japan different? These eighteen contributions by leading Japanese economists shed light on a number of issues in this increasingly important debate. The variety of perspectives and the range of firms covered -- not only the large industrial corporation but cooperatives, public enterprises, and mutual life insurance companies as well -- provide a broad overview that few other books on Japanese business can offer. In a new introduction to this English-language edition, Ronald Dore and Hugh Whittaker identify and summarize the salient themes and sharpen the points discussed.Chapters are grouped into five parts:- Part I identifies characteristics of the typical Japanese firm and the enterprise system.- Part II examines interfirm behavior such as trading, subcontracting, and cross-shareholding in enterprise groups.- Part III describes general firm behavior: how businesses invest in research, equipment, and product development.- Part IV takes a look at the employment system -- specifically, competition, deployment of human resources, and the traditional bonus system (a particularly significant feature of Japanese firms that differentiates them from their Western counterparts).- Finally, part V looks at specific kinds of firms: cooperatives, public utilities, and life insurance companies.


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Language Notes

Text: English (translation)
Original Language: Japanese

About the Author

Kenichi Imai is Professor of Economics at the Stanford Institute in Kyoto. Ryutaro Komiya is Academic Director at MITI (the Ministry of International Trade and Industry) Research Institute in Tokyo. Ronald Dore is Adjunct Professor of Political Science at the Massachusetts Institute of Technology. Hugh Whittaker is University Lecturer in Modern Japanese Studies at the University of Cambridge.

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Inside This Book (learn more)
First Sentence:
The importance of this book is twofold. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
nokyo chuokai, independent enterprise groups, representative policyholders, departmental undertakings, employee sovereignty, three public companies, bonus determination, invisible investment, nenko system, rodo shijo, stock life insurance companies, profits per head, local public enterprises, geographic monopoly, seniority payment, rodo kyokai, keizai shimposha, information redundancy, employment adjustment, roshi kankei, efficiency wage hypothesis, interfirm mobility, local public bodies, lifetime employment system, rapid growth period
Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, Ministry of Labor, Ministry of Finance, Labor Administration, Nippon Life, Hitachi Ltd, Second World War, Gas Business Law, Maekawa Ltd, West Germany, Fuji Xerox, White Profit, Blue Profit, Kyoei Life, Machinery Blue, Osaka Gas, Textiles Blue, Tokyo Stock Exchange, Chemicals Blue, Current Report, Industry Occupation, Kansai Electric, Monthly Labor Survey, Tokyo Electric, Economic Planning Agency
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