The NSI And Japan's National System Of Innovation Model

How they are keeping up with the economy, technologies, sports, after WWII. However, that is just the tip of the iceberg because as a sociology student and future Ambassador I want to understand their mindset and what make them different from other countries. Their ability to grow exponentially and what is the cause? Personally, I’m also interested in some part of the country, especially northern japan because on the news, media. Most of what I heard are from the mainland, Kyoto and Tokyo, but Japan is way more than just Kyoto and

As the primary government agency in charge of formulating and executing industrial policy, MITI played an important role in creating the economic miracle by shifting resource to specific industries at the right time. Before the capital liberalization of the late 1960s and 1970s, neither importation of foreign technology nor joint venture was approved without MITI and its various advisory committees’ consensus. Even the time of importation of technology was also strictly controlled in the hand of MITI in order to ensure that the technology was nurturing to the industry and consequently boost the economy. Furthermore, the government-controlled financial institutions like the Japanese Development Bank and the government-run postal savings system also played an important role in the economic miracle by the means of controlling the capital investment to the strategic industries in accordance with government plans. Thus, it is no doubt that Japan’s government, especially through MITI, had exercised a considerable degree of state intervention and protection on its economy to achieve the national goals and therefore lead to the economic

Its actions have helped initiate new industries, cushion the effects of economic depression, create a sound economic infrastructure, and protect the living standards of the citizenry. Indeed, so pervasive has government influence in the economy seemed that many foreign observers have popularized the term "Japan Inc." to describe its alliance of business and government interests. Whether Japan in the mid-1990s fit this picture seems questionable, but there is little doubt that government agencies continue to influence the economy through a variety of policies. Not only did the American press use the same terms as the federal government, but in doing so it also helped lay the framework of the Japanese- American internment in a completely inaccurate way (Lau, 2014).

The nation of Japan is a mighty country and is able to stand by itself. We do not depend on other nations for us to prosper. If anything, separate countries will need our technology and we will be ahead of them. Furthermore, we are kept from unnecessary conflicts due to our isolation.

Over the years, Japan has been working on advancing their economy since post-World War II. They now have a very strong work ethic, high resolution technology and a very comparatively small defense allocation, one percent of the gross domestic product. Two key characteristics are the interlocking structures of manufactures, suppliers, and distributors, and guarantee of employment for a substantial portion of the urban labor force (CIA,2017). With natural resources of Japan becoming inadequate, they reliant on imported raw materials and resources especially since the complete shutdown of nuclear reactors

Combining imported technology with their domestic innovation was translated in the inception of the Japanese low-cost mass productions system. Technological improvements such as the one mentioned above played a huge role in the country’s economic growth, as improvement of technology in one industry often influenced the growth of other industries. For instance, Japan’s steel industry was successful in improving the quality of steel used in manufacturing automobiles, due to the technological process in the casing of parts; the automobile industry too benefited and hence could reach a level where it could compete with its international

in a mere half-century Japan had gone from a backward country being virtually dismissed by the West as an obscure and rather backward to being recognized as a major world power. It was arguably the most remarkable achievement of any nation in world history. (Henshall, 1999, P102)

The reason for this difference stems from the tradition of innovation and creativity in Western Europe compared with the traditional society in Japan, which did not foster innovation nearly as much. In Western Europe, causes of industrialization included mass production through the division of labor, new machines and mechanization, a great increase in the manufacture of iron, and new technologies such as the steam engine and electric telegraph. All of these new technologies and systems were created by individuals and were not set in place by governments. For example, Richard Arkwright invented the water frame, which helped mechanize the cotton industry. On the other hand, a main cause of Japan’s modernization was that government desired modernization.

The Japanese economy, the 2nd largest in the world, accounts for 7.1% Global World GDP, at US$4.6 triliion and a per capita income of approximately US$33,550 (World Bank 2006). As a result of globalisation, literacy levels are at 99% and the general living standards of the

Japan, home of some of the largest multinational technology corporations in the world, has been influenced in myriad ways through globalization. The effects of globalization on Japan provide valuable insights into the transformation of Japanese society. Global processes have increased wages and homelessness, strengthened environmental management programs, shifted governance towards regionalism, and threatened linguistic diversity in Japan.

According to Berger, Japan is “third in the world for money spent on research and development”

Japan was also an early pioneer in terms of grasping of the importance of competitive

The Japanese economic miracle is built on licensing as Japan develops dominance in consumer electronics, optics and other fields. It is noted that Japan’s strategy of extensive licensing allowed it to jump-start the country rebuilding and, in the case of consumer electronics, to dominate worldwide markets with its innovations.

After the World War II, Japan became a developed country, because the economy grew fast. And as the first nation had compulsory education up to high school level, Japan used this system help strengthen the economy and business. The rise of Japan has benefited from attaching importance to education and attaching importance to the cultivation of qualified personnel. This essay will discuss the relationship between the Japanese education system and Japanese business culture.

The purpose of this paper is to introduce the audience to Japanese Innovation through a plethora of different sources including but not limited to books, news articles, and scholarly sources. The structure of this paper will consist of 6 main topics: 1. The history of Japan 2. Japanese