Amid the current, protracted recession in Japan, new corporations ? termed global excellent companies by the authors of this book ? have been rising since the end of the 20th century. They are not yet in the spotlight but have a huge market share worldwide with regard to their specialized products and services.These corporations have climbed to the top of the global market while many other large Japanese companies have fallen into a slump. The authors highlighted their corporate policies and strategies for achieving high earnings ? the secret of ?producing something from nothing? and ?enabling the lesser to win against the greater?. They have long focused on specific niches, improved the speed of their business undertaking, and effectively used information technology. The authors set out to study these companies and analyze their practices so as to gain insight into the way companies should be managed in the 21st century.

Amid the current, protracted recession in Japan, new corporations termed global excellent companies by the authors of this book have been rising since the end of the 20th century. They are not yet in the spotlight but have a huge market share worldwide with regard to their specialized products and services.

After two decades of reinvention, Japanese companies are re-emerging as major players in the new digital economy. They have responded to the rise of China and new global competition by moving upstream into critical deep-tech inputs and advanced materials and components. This new "aggregate niche strategy" has made Japan the technology anchor for many global supply chains. Although the end products do not carry a "Japan Inside" label, Japan plays a pivotal role in our everyday lives across many critical industries. This book is an in-depth exploration of current Japanese business strategies that make Japan the world's third-largest economy and an economic leader in Asia. To accomplish their reinvention, Japan's largest companies are building new processes of breakthrough innovation. Central to this book is how they are addressing the necessary changes in organizational design, internal management processes, employment, and corporate governance. Because Japan values social stability and economic equality, this reinvention is happening slowly and methodically, and has gone largely unnoticed by Western observers. Yet, Japan's more balanced model of "caring capitalism" is both competitive and transformative, and more socially responsible than the unbridled growth approach of the United States.

Since the bursting of Japan’s bubble economy, from 1990 onwards, its multinational companies (MNCs) have faced new competitive challenges, and questions about the management practices on which they had built their initial success in global markets. Japanese engagement in the international economy has undergone a number of phases. Historically, Japanese MNCs learnt from foreign companies, frequently through strategic alliances. After the post-war ‘economic miracle’, Japanese manufacturers in particular converted themselves into MNCs, transferred their home-grown capabilities to overseas subsidiaries, and made an impact on the world economy. But the period after 1990 marked declining Japanese competitiveness, and asked questions about the ability of Japanese MNCs to be more responsive and global in their strategies, organization, and capabilities. It has been argued that the established management practices of Japanese MNCs inhibited adaptation to recent demands of global competition. This volume presents new case evidence on how Japanese MNCs have responded to the new challenges of the global market place, and it provides examples of how they have transformed strategies and competitive capabilities. This book was originally published as a special issue of Asia Pacific Business Review.

Specialist manufacturers have existed in Japan from even before the start of industrialization in the late nineteenth century. Proliferating since but remaining steadfastly lean, many of them can be categorized as leading medium-sized enterprises. This book looks at how they are globalizing and assuming a role as East Asian specialists.

International Business provides a learning format that enables instructors to give their students an engaging and active learning experience. The course integrates a streamlined content approach with dynamic content that includes current cutting-edge topics and high-interest examples that are relevant to the business world.

The spectacular rise of the yen in the mid-1980s has unleashed a new wave of imperialism from Japan. Its origins are traced to a series of crises and rivalries between the two great capitalist powers, Japan and the USA. To escape the high yen, Japanese capital is closing down factories at home and shifting them overseas. Some are going to the advanced countries, but the book's main focus is on the search for cheap labour in Southeast Asia to make parts for Japan's two leading industries: motor vehicles and electronics.

‘Development and Semi-periphery’ presents a collection of articles that focus on comparative analysis of development trajectories in the semi-peripheral countries of South America and Central Eastern Europe. As opposed to the transitology studies that were prevalent in the 1990s, and that treated the neoliberal context in these two regions separately, the articles in this book instead offer a new comparative analysis focusing on the consequences of neoliberal reforms and the new actors that deal with their results. The essays discuss the various forms of state that have unfolded in different peripheral countries, their role in the social engineering of economic models and social policies, and the impact of state capacities and ideas on institutional innovation. The volume also compares transformations in political culture, collective identities and contentious politics in both areas.

Providing rare insight into the topic of Japanese management, this book looks at how Japanese companies changed after the economic recession of the 1990s and the decade-long restructuring process. With 12 case studies, this book investigates crisis management, strategy development, merger and globalization in a structured and descriptive manner. It aims to support students and decision-makers to learn more about strategic Japanese management and effective decision-making.

From International Students to Global Human Resources: Can Policies be the Matchmaker for Japan’s Future?