The Japanese Business System: Key Features and Prospects for Change

This paper argues that the Japanese business system cannot be adequately understood without extending the focus of analysis beyond the individual firm to the vertical keiretsu, or business group. The vertical group or keiretsu structure was first identified and studied in the auto and electronics industries, where it is most strongly marked, but it characterizes virtually all sectors, service industries as well as manufacturing. Large industrial vertical keiretsu are composed of subsidiaries engaged in three distinct types of activities (manufacturing, marketing, and quasirelated business). The coordination and control systems are built on the flows of products, financial resources, information and technology, and people across formal company boundaries, with the parent firm controlling the key flows. The paper examines the prevailing explanations first for the emergence and then for the persistence of the vertical group structure, and looks at the current pressures for change and adaptation in the system

International Coercion, Emulation and Policy Diffusion: Market-Oriented Infrastructure Reforms, 1977-1999

Why do some countries adopt market-oriented reforms such as deregulation, privatization and liberalization of competition in their infrastructure industries while others do not? Why did the pace of adoption accelerate in the 1990s? Building on neo-institutional theory in sociology, we argue that the domestic adoption of market-oriented reforms is strongly influenced by international pressures of coercion and emulation. We find robust support for these arguments with an event-history analysis of the determinants of reform in the telecommunications and electricity sectors of as many as 205 countries and territories between 1977 and 1999. Our results also suggest that the coercive effect of multilateral lending from the IMF, the World Bank or Regional Development Banks is increasing over time, a finding that is consistent with anecdotal evidence that multilateral organizations have broadened the scope of the “conditionality” terms specifying market-oriented reforms imposed on borrowing countries. We discuss the possibility that, by pressuring countries into policy reform, cross-national coercion and emulation may not produce ideal outcomes.http://deepblue.lib.umich.edu/bitstream/2027.42/40099/3/wp713.pd

Reflecting on Japan’s contributions to management theory

Although Japanese management’s transformative impact on American managerial practice has long been recognized, its contribution to management theory in a range of fields has been less widely acknowledged. This article looks back on the influence of Japanese management on concepts, frameworks, and theories in four management fields: organization behaviour/organization studies, production and operations management, strategy, and international business. The review reveals three ways in which Japanese management had a significant influence on the development of management theory: legitimating and enriching one position in a contested management field; inspiring novel management concepts and frameworks; and providing rich data for testing and refining hypotheses based on established theory

Rude awakening: threats to the global liberal order

Article is a book review of Rude awakening: threats to the global liberal order by Mauro F. Guillén

Multinational enterprises and cross-border knowledge creation

Cover title. "Paper prepared for JAIMS conference on 'International Comparative Study of Knowledge Creation', Hawaii, December 12-14, 1996"--Added t.p. "February 1997."HD28 .M414 no.3948-97,