ISSN: 0263-5577
Online from: 1970
Subject Area: Information and Knowledge Management
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| Title: | Innovation - Japanese style |
|---|---|
| Author(s): | Paul A. Herbig, (Professor of Marketing, Management and Marketing Department, Graduate School of International Trade and Business Administration, Texas A&M International University, Laredo, Texas), Frederick A. Palumbo, (Department of Marketing, Yeshiva University, New York City, USA) |
| Citation: | Paul A. Herbig, Frederick A. Palumbo, (1996) "Innovation - Japanese style", Industrial Management & Data Systems, Vol. 96 Iss: 5, pp.11 - 20 |
| Keywords: | Advanced manufacturing technologies, Innovation, International trade, Japan, USA |
| Article type: | General review |
| DOI: | 10.1108/02635579610123299 (Permanent URL) |
| Publisher: | MCB UP Ltd |
| Abstract: | Within the last two decades, the Japanese economic machine has developed into the leading economy in the world on a per capita income basis and second only to the USA in GNP. Contends that Japan has virtually conquered the US consumer electronics, semiconductor, and machine tool markets and, except for quotas, would have done the same for the automotive segment. Various explanations are offered for Japan’s success and some say it is because of the Japanese ability to listen to and serve their customers by delivering quality merchandise at a low price, while others point to Japanese companies’ ability to innovate. Asks how truly innovative are the Japanese. In what ways do they struggle and prosper innovatively? Examines the notion of “innovation” and how it is accomplished in Japan; explores the positives and negatives of their innovative patterns; and discusses implications for the US and international competition. |
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