This book addresses three important topics---competition, innovation, and growth---using unique data and cases in the Japanese economy. First, it provides a better understanding of competition between firms, including collusion and merger and acquisition (M&A), which will suggest how competition policy is implemented. Second, it presents how to measure innovation and whether competition generates innovation in the economy. The book also examines the effects of alliance and human capital on innovation. Third, it discusses how competition and innovation are useful to promote firm growth that will lead to industry and economic growth. The authors also examine the performance of multinational firms and new ventures and discuss industry growth from the perspective of macro economy and international comparison. The estimation results and case studies suggest that competition and innovation are inevitable to stimulate the stagnated Japanese economy, which implies that more attention should be paid to innovation through competition for economic policy in the nation.
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1 | (8) |
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2 Competition Policy and Innovation: An Introduction with Illustrative Cases from Japan |
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9 | (22) |
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3 An Empirical Analysis of the Determinants of Collusion |
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31 | (26) |
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4 Is Domestic Competition Beneficial for International Competitiveness? An Empirical Analysis of Japanese Manufacturing Industries |
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57 | (20) |
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5 Measuring Innovation in Firms |
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77 | (22) |
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6 Organizational Design and Human Resource Management of R&D Activities |
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99 | (22) |
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7 R&D Alliances and the State of Market Competition |
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121 | (28) |
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8 High-Tech Start-Ups in Japan: The Case of the Biotechnology Industry |
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149 | (28) |
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9 E-commerce and Employment Growth in Japan: An Empirical Analysis Based on the Establishment and Enterprise Census |
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177 | (24) |
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10 Market Reaction to Cross-Border Acquisitions by Japanese Firms |
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201 | (24) |
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11 Entry of Foreign Multinational Firms and Productivity Growth of Domestic Firms: The Case for Japanese Firms |
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225 | (26) |
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12 The Stagnation of Growth Momentum in Japan and Asian NIEs: From the Perspective of Foreign Direct Investment |
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251 | |
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Yuji Honjo (Chapters 1 and 8)
Professor, Faculty of Commerce, Chuo University
His publications have appeared in Research Policy, Small Business Economics, and other journals.
Hiroyuki Odagiri (Chapter 2)
Professor (emeritus), Graduate School of Economics, Hitotsubashi University
He was the Commissioner of the Japan Fair Trade Commission and is now its Special Advisor. He has written numerous books and journal papers: The Theory of Growth in a Corporate Economy (Cambridge University Press, 1981), Growth through Competition, Competition through Growth (Oxford University Press, 1992), Technology and Industrial Development in Japan (Oxford University Press, 1996, co-authored with A. Goto), and Intellectual Property Rights, Development, and Catch-Up (Oxford University Press, 2010, co-edited with A. Goto, A. Sunami, and R. R. Nelson), to mention just some.
Masato Nishiwaki (Chapter 3)
Associate Professor, Waseda Institute for Advanced Study, Waseda University
His publications have appeared in the RAND Journal of Economics, the Journal of Industrial Economics, and others.
Masatoshi Kato (Chapter 4)
Associate Professor, School of Economics, Kwansei Gakuin University
His publications have appeared in Industrial and Corporate Change, Research Policy, and other scholarly journals.
Kenta Ikeuchi (Chapter 5)
Fellow, Research Institute of Economy, Trade and Industry (RIETI)
His publications have appeared in Telecommunications Policy and theSeoul Journal of Economics, among others.
Shoko Haneda (Chapter 6)
Associate Professor, Faculty of Commerce, Chuo University
Her publications have appeared in Research Policy, Economics of Innovation and New Technology, and other journals.
Tomoko Iwasa (Chapter 7)
Associate Professor, Association of International Arts and Science Institute of Humanity and Social Science, Yokohama City University
Her publications have appeared in Research Policy and Economics of Innovation and New Technology, among others.
Hyeog Ug Kwon (Chapter 9)
Professor, College of Economics, Nihon University
His publications have appeared in the Review of Economic Dynamics, the Japanese Economic Review, and others.
Takuji Saito (Chapter 10)
Associate Professor, Graduate School of Business Administration, Keio University
His publications have appeared in the Journal of the Japanese and International Economies, the Pacific Basin Finance Journal, and other scholarly journals.
Keiko Ito (Chapter 11)
Professor, School of Economics, Senshu University
Her publications have appeared in the Journal of the Japanese and International Economies, the Review of World Economics, and others.
Hsiao-Chien Tsui (Chapter 12)
Professor, Department of Economics, National Chung Cheng University
Her publications have appeared in the Journal of Policy Modeling, Journal of Economic Psychology, and other journals.