Japan's High Technology Industries: Lessons and Limitations of Industrial Policy

By Larry Meissner; Hugh Patrick | Go to book overview

Introduction

High technology industries, industrial policy, and the Japanese economy are individually important topics of scholarly interest and public policy consideration in the United States. Japanese industrial policies toward high technology industries—the fusion of these three topics—has produced a new, qualitatively different subject of deep concern, both intellectually and in terms of U.S. public policy debate and formulation, which has at times resulted in more heat than light. This book aims to provide a careful, objective analysis and evaluation of Japanese high technology industrial policy and assess its relevance for the United States.

Is Japanese high technology industrial policy a model for the United States to emulate? Is it an "unfair" application of government policy by the Japanese? "Fairness" is a murky concept in international economics and even in the politics of the international system. Even if Japan is not deemed to be behaving unfairly, does its industrial policy behavior require a special American response if the United States is to restore competitiveness in its own and world markets? Is Japanese industrial policy in its actual practice in fact very effective? And if it was effective earlier, will it continue to be in the new circumstances of the 1980s? What are the Japanese government's industrial policies toward high tech industries, what resources are involved, and how successful will the policies be? What can America learn from the Japanese experience? Many views abound, as do American stereotypes of the Japanese system of industrial policy and its effectiveness.

American policy interest in Japanese industrial policy for high technology industries heats up and cools down, depending on the current status of both the domestic industrial policy debate and the economic relationship between the United States and Japan. However, the underlying economic and public policy issues are long term and profound in nature. They strike at the heart of concerns in all advanced industrial democracies as to the proper role of government in the marketplace: how and whether the political economy of government involvement results in more, or in less, efficient allocation of resources over time, and the extent to which government policy can fine-tune the supply side of the economy by sector‐ specific industrial policies, to note two of the central issues underlying the industrial policy debate.

To understand the nature of Japanese high technology policy in the new circumstances of the 1980s and beyond, and to assess its relevance for

-ix-

Notes for this page

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items
Notes
Cite this page

Cited page

Style
Citations are available only to our active members.
Buy instant access to cite pages or passages in MLA 8, MLA 7, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

(Einhorn 25)

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Note: primary sources have slightly different requirements for citation. Please see these guidelines for more information.

Cited page

Bookmark this page
Japan's High Technology Industries: Lessons and Limitations of Industrial Policy
Table of contents

Table of contents

Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this book

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Help
Full screen
Items saved from this book
  • Bookmarks
  • Highlights & Notes
  • Citations
/ 277

matching results for page

    Questia reader help

    How to highlight and cite specific passages

    1. Click or tap the first word you want to select.
    2. Click or tap the last word you want to select, and you’ll see everything in between get selected.
    3. You’ll then get a menu of options like creating a highlight or a citation from that passage of text.

    OK, got it!

    Cited passage

    Style
    Citations are available only to our active members.
    Buy instant access to cite pages or passages in MLA 8, MLA 7, APA and Chicago citation styles.

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

    1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

    Cited passage

    Thanks for trying Questia!

    Please continue trying out our research tools, but please note, full functionality is available only to our active members.

    Your work will be lost once you leave this Web page.

    Buy instant access to save your work.

    Already a member? Log in now.

    Search by... Author
    Show... All Results Primary Sources Peer-reviewed

    Oops!

    An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.