Business Innovation in Asia: Knowledge and Technology by Dennis McNamara

By Dennis McNamara

Business festival with emerging economies, new local funding from the West, and alternate pacts between opponents threaten Japan’s lengthy postwar prominence. worldwide marketplace dynamics and neighborhood festival triggered the shift from offshore factories to neighborhood networks within the final decade. comparable forces are using the hot formation of nearby Nikkei - Japan-affiliated - nodes in significant commercial clusters in Asia. The relevant idea of this quantity, "knowledge networks," refers to interactive linkages round nodes of tacit and codified wisdom embedded in worldwide worth Chains. via survey facts and interviews at enterprises and factories this ebook unearths the issues dealing with wisdom move, resembling persisting problems in conversation, expertise move, and indigenous studying in local nodes of Nikkei worth Chains and the endurance of prior styles of hierarchical coordination in info flows regardless of the shift in the direction of extra horizontal community association. even though, a comparability of Nikkei wisdom networks in China, South Korea, and Thailand finds the chances of an interactive studying group in cross-border funding. If Japan can meet the problem of tapping Asia’s offshore assets for innovation, it is going to pose an impressive worldwide problem to Western opponents.  

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Extra resources for Business Innovation in Asia: Knowledge and Technology Networks from Japan (Routledge Contemporary Asia Series)

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The investment patterns are reflected in strong trade in textiles and elec­ trical machinery with China. As with South Korea, the transport machinery sector investment is not reflected in bilateral trade. But whereas the South Korean auto industry is a major exporter, the Chinese auto industry continues to grow mainly in the domestic market. Commerce and the East Asian community 49 Strong state A strong South Korean state under military leaders like Park Chunghee and then Chun Doo-huan through 1 987 tolerated investment from abroad only for acquisi­ tion of critical technology in infant industries.

Technology includes not only human skills, but also institutions of firm and asso­ ciation, and wider social structures such as national innovation systems. " What results is a variety of innovations such as effective operation of available technology, minor adjustments of machinery or est" in technology policy. Boundaries of national interest have not deterred major process that improve the productivity of the technology, or major innovations in technology development (Brown & Co. 200 1 ; ED Research 2007; Osono 2003).

Conclusion: a new knowledge nexus? Japan's ODA has also played a role in the benign nexus of trade and investment. 6 billion, China ranks second only to India among leading aid recipients. Thailand ranks fourth with a total of $765 million (Manning 2007). The flow continues, with annual aid of $750 million on average to Northeast Asia between 2000 and 2004 (Nakamura and Shinohara 2007). A redi­ rection of funds from infrastructure projects such as roads, bridges, and power plants, to technical cooperation and policy planning is one change apparent among production partners.

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