Reprogramming Japan : the high tech crisis under communitarian capitalism /

How have state policies influenced the development of Japan's telecommunications, computer hardware, computer software, and semiconductor industries and their stagnation since the 1990's? Marie Anchordoguy's book examines how the performance of these industries and the economy as a wh...

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Bibliographic Details
Online Access: Full text (MCPHS users only)
Main Author: Anchordoguy, Marie (Author)
Format: Electronic eBook
Language:English
Published: Ithaca, New York : Cornell University Press, 2005
Series:Cornell studies in political economy.
Subjects:
Local Note:ProQuest Ebook Central
Description
Summary:How have state policies influenced the development of Japan's telecommunications, computer hardware, computer software, and semiconductor industries and their stagnation since the 1990's? Marie Anchordoguy's book examines how the performance of these industries and the economy as a whole are affected by the socially embedded nature of Japan's capitalist system, which she calls "communitarian capitalism."Reprogramming Japan shows how the institutions and policies that emerged during and after World War II to maintain communitarian norms, such as the lifetime employment system, seniority-based wages, enterprise unions, a centralized credit-based financial system, industrial groups, the main bank corporate governance system, and industrial policies, helped promote high tech industries. When conditions shifted in the 1980's and 1990's, these institutions and policies did not suit the new environment, in which technological change was rapid and unpredictable and foreign products could no longer be legally reverse-engineered. Despite economic stagnation, leaders were slow to change because of deep social commitments. Once the crisis became acute, the bureaucracy and corporate leaders started to contest and modify key institutions and practices. Rather than change at different times according to their specific economic interests, Japanese firms and the state have made similar slow, incremental changes
Physical Description:1 online resource
Bibliography:Includes bibliographical references and index.
ISBN:9781501700866
1501700863
1501700855
9781501700859
Language:English.
Source of Description, Etc. Note:Print version record.