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Acquiring, Adapting and Developing Technologies: Lessons by Kwan S. Kim, Fumio Maki, Ryoshin Minami, Joung-hae Seo

By Kwan S. Kim, Fumio Maki, Ryoshin Minami, Joung-hae Seo

Economic development calls for technological improvement, which in flip will depend on a country's social potential to obtain, assimilate, and boost new applied sciences. targeting the evolution of Japan's economic system from the Meiji recovery to the current day, this quantity presents an authoritative account, firmly grounded in theoretical and empirical research, of the country's makes an attempt to generate the mandatory social capability for technological innovation and absorption. Successive chapters tackle the categorical studies of a couple of key eastern industries in this approach. every one business case research is written by way of an said professional within the box and provides fabric of vital curiosity to experts in financial improvement in a kind that also is obtainable to the nonspecialist. The publication concludes with a precis of invaluable classes, variously appropriate to nations in any respect the several levels of industrialization.

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Extra info for Acquiring, Adapting and Developing Technologies: Lessons from the Japanese Experience

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The well-developed subcontracting system is another important feature of industrial organization in Japan. This system, which emerged after the First World War, quickly expanded to the munitions industry during the Second World War. During the period of Japan's rapid economic growth, it had already matured into the current subcontracting system. These business groups and the subcontracting system have played a facilitating role in the diffusion of information. Information can be easily exchanged among member firms.

Of course this role of government has continued to be important since then. Technology Polici5 Explicit technology policies were adopted mainly in the post-war period. The first was extensive control in the flow of technologies in 22 Japanese Experience in Technology: A Survey the early post-war period. MITI made preferential allocation of scarce foreign currencies for importing Western technologies used in promising industries. Furthermore, MIT! intervened in bargaining over royalties in order to lower them for Japanese companies.

Major technological progress, especially in mechanical reeling, included (1) progress made in making cocoons readily available for reeling, (2) an increase in the number of spools used per operator, (3) an improvement in material used to build the frame of the reeling machines, and (4) introduction of more efficient engines. Progress Made in Making Cocoons Readily Available15 When silk reeling was carried out as just a side job for farmers during their off-season, cocoons were used immediately and therefore there was no need to provide storage for them.

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