Overview

The central question of this book is how did Japanese corporations and government institutions evolve during Japan's lost decade? To answer this question, theeditors have put together a collection of contributions thatfocus primarily on technological enterprise and policy, the traditional basis for Japan's strong competitiveness. If we ask simply whether Japanese business has changed, the answer must be an unequivocal yes. There is no question that management practices in Japanese firmshave developedin amyriad of ways during this lost decade, including executive strategies, corporate governance, human-resource management, and inter-corporate relationships. Clearly Japanese firms do have the power to change. Alternatively, ifthe questionisrefocused to ask whether Japanese firms, on top of making formal changes, have also changed in any substantive ways that might lead to abrighter future, it must beaccepted that there isa decidedly less sanguine conclusion. This book will tell you why and what it means for the future of Japanese firms.

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9781282998513

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