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The Myth of the Patient Japanese : Corporate Myopia and Financial Distress in Japan and the Us
Hall, Brian J. - 2006
It is widely believed that the stock-market oriented US financial system forces corporate managers to behave myopically relative to their Japanese counterparts, who operate in a bank-based system. We hypothesize that if US firms are more myopic than Japanese firms, then episodes of financial...
Persistent link: https://www.econbiz.de/10012783974
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Comparison and Analysis of Productivity Growth and R&D Investment in Theelectrical Machinery Industries of the United States and Japan
Nadiri, M. Ishaq; Prucha, Ingmar R. - 2021
This paper presents a comparative analysis of productivity growth in the U.S. and Japanese electrical machinery industries in the postwar period. This industry has experienced rapid growth in output and productivity and high rates of capital formation in both countries. A substantial amount of...
Persistent link: https://www.econbiz.de/10013218546
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R&D, Production Structure and Productivity Growth : A Comparison of the Us, Japanese and Korean Manufacturing Sectors
Nadiri, M. Ishaq; Kim, Seongjun - 2021
We estimate and compare the production structures of the US, Japanese, and Korean total manufacturing sectors for the 1974-1990 period. We employ a translog variable cost function that includes such inputs as labor, materials, physical and R&D capital with the physical and R&D capital treated as...
Persistent link: https://www.econbiz.de/10013219187
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Is Japan'S Innovative Capacity in Decline?
Branstetter, Lee; Nakamura, Yoshiaki - 2021
This paper investigates changes in the output and productivity of research and development activities in Japanese manufacturing firms over the 1980s and 1990s. Evidence from aggregate patent and R&D statistics and a micro-level analysis of R&D productivity at the firm-level suggest that there...
Persistent link: https://www.econbiz.de/10013233008
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International R&D Spillovers between Canadian and Japanese Industries
Bernstein, Jeffrey I.; Yan, Xiaoyi - 2021
This paper estimates the effects of intranational and international R&D spillovers on the cost and production structure for ten Canadian and Japanese manufacturing industries. Domestic spillovers generate greater effects on average variable cost and factor intensities compared to international...
Persistent link: https://www.econbiz.de/10013235286
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Explaining Japan'S Innovation and Trade : a Model of Quality Competition and Dynamic Comparive Advantage
Grossman, Gene M. - 2021
profit opportunities in the world market. The model predicts that a country such as Japan, with abundance of skilled labor …
Persistent link: https://www.econbiz.de/10013237270
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International R&D Spillovers between U.S. And Japanese R&D Intensive Sectors
Bernstein, Jeffrey I.; Mohnen, Pierre - 2022
A great deal of empirical evidence shows that a country's production structure and productivity growth depend on its own R&D capital formation. With the growing role of international trade, foreign investment and international knowledge diffusion, domestic production and productivity also depend...
Persistent link: https://www.econbiz.de/10013324012
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Product Development and the Timing of Information Disclosure Under U.S.And Japanese Patent Systems
Aoki, Reiko; Prusa, Thomas J. - 2021
This paper examines the consequences of the differences in the timing of information disclosure between the U.S. and Japanese patent systems. Under the Japanese system it is possible for a firm to apply for a patent knowing the exact specifications of a rival's patent application. In contrast,...
Persistent link: https://www.econbiz.de/10013230187
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Capturing Technological Opportunity Via Japan'S Star Scientists : Evidence from Japanese Firms' Biotech Patents and Products
Zucker, Lynne G.; Darby, Michael R. - 2021
Using detailed data on biotechnology in Japan, we find that identifiable collaborations" between particular university … incentives motivating their participation in" technology transfer. In Japan, the legal and institutional context implies that …" in the firm's labs. As a result, star collaborations in Japan are less localized around their research" universities so …
Persistent link: https://www.econbiz.de/10013227202
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R&D and Productivity Growth : Comparing Japanese and U.S. Manufacturing Firms
Griliches, Zvi; Mairesse, Jacques - 2021
firms, in both Japan and the U.S., and relate them to differences in the rates of growth in their capital-labor ratios and … estimated effect of the growth in the capital-labor ratio on firm productivity is approximately twice as large in Japan than in …
Persistent link: https://www.econbiz.de/10013228644