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Visions of Innovation
The Firm and Japan

Martin Fransman

Price: £67.00 (hardback)
ISBN-13: 978-0-19-828935-7
Publication date: 13 May 1999
288 pages, 234x156 mm
Series: Japan Business and Economics Series
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Description
  • Fransman is well-known for his contributions to the literature on Japanese companies, industry, science, and technology
  • The book accompliches a neat transition from theory to empirical application based on the author's research in Japan
  • Comparisons are given with UK and US firms
Computers, telecommunications equipment, semiconductorsthe products and technologies of the information and communications industry (IC)have transformed our world. Most of these products were initially developed in Western countries, but by the early 1990s some of the world's largest companies in the field were Japanese. This book explains the resurgence of Japan's IC giants, their global status, and their strengths and weaknesses.Empirical scrutiny of their evolution is complemented by the author's own theory of the most appropriate mehtod for studying the dynamics of industrial change.

The author argues that in order to understand the evolution of IC companies and industries, it is necessary to create a theory of the firm capable of encompassing the development of real firms in the real world in real time. This approach stresses the importance of the beliefs that are constructed in the firm under conditions of 'interpretive ambiguity', which guide the firm's decisions and its reactions to new technologies. Lengthy analyses of NEC and NTT (by far the world's largest company in terms of market value; its future currently under government scrutiny), and of the computing, switching, and optical fibre industries, illustrate these concepts. Based on over 600 interviews over eight years with Japanese leaders, this book provides important new material on the past, present, and future of Japanese industry.

Readership: Academics interested in the theory of the firm with particular reference to the Japanese model.

Contents
Introduction
1. Visions of the Firm: A Critical Survey of Leading Approaches to the Firm
2. A Vision of the Firm and the Evolution of Japanese Computer and Communications Firms
3. AT&T, BT, and NTT: A Comparison of Vision, Strategy, Competence, Path-Dependency, and R&D
4. Visions of Corporate Organization: From the Multidivisional to the Segmented form of Organization in AT&T. IBM, and NEC
5. A Vision of the Japanese Innovation System and How It Works
6. Is National Technology Policy Obsolete in a Globalized World? The Japanese Vision
7. Vision of Future Technologies: Government, Globalization, and Universities in Japanese Biotechnology (with Shoko Tanaka)

Authors, editors, and contributors


Martin Fransman, Professor of Economics, and Director of the Institute for Japanese-European Technology Studies (JETS), University of Edinburgh


Links to web resources and related information
More in the same subject area:
Microeconomics
Management decision making
International business

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