Leveraging Japan's "old economy"

This essay, part of the Council on Foreign Relations’s series, “Is Japan in Decline?”, argued that those predicting Japan’s decline overlook one of its greatest resources: its large, established firms and the model that produced them. With the tribulations of Panasonic, Sony, and others in the headlines, this claim may seem to be dubious and to run counter to the many efforts underway to increase the role of start-up firms and entrepreneurs in the Japanese economy. I argue, however, that the Open Innovation paradigm suggests how to leverage Japan’s “old economy” with the “new economy” it hopes to create. Abstract and download

Using open innovation to leverage Japan’s strengths (オープ ン・イノベーションで日本の強みを活かす)

This article, originally published in Japanese, argues that—while Japan’s challenges are real and severe—gloom is not necessarily warranted. It builds on existing arguments that Japan must become more entrepreneurial. However, it will deviate from the common narrative by stressing that some of the very institutional and business factors blamed for Japan’s current difficulties can, in fact, be become sources of competitive advantage for Japan and Japanese companies if transformed by a shift to more open innovation. Abstract and download

Foreign direct investment and changing patters of dispute resolution: The case of Japan

This paper examines the understudied relationship between economic liberalization and litigation. Using a unique dataset of prefecture-level civil litigation data in Japan during the 1990s, we find that the entry of foreign firms leads to higher litigation rates net of other factors. Abstract and download

Same rules, different games: Variation in the outcomes of "Japanese-style" supply relationships

This paper debunks the myth of a monolithic model of “Japanese-style” supply relationships and illustrates how idiosyncratic elements of an industry’s environment interact with a country’s institutional environment. Abstract and download

The unreluctant litigant? An empirical analysis of Japan’s turn to litigation

This paper analyzes the rapid increase in civil litigation in Japan during the 1990s in light of existing theories of Japanese litigiousness. It builds on earlier institutionally oriented research on civil litigation in Japan, contributes to the literature on the relationship between economic change and litigation more generally, and contributes to the empirical and comparative literature on litigation rates. Abstract and download

Liberalization and litigation: Evidence from Japan

Liberalization has allowed greater foreign entry into Japan. We demonstrate that the litigious behavior of foreign firms has led Japanese firms to also become more litigious. Abstract and download