Japan's Network Economy: Structure, Persistence, and Change

Japan's Network Economy: Structure, Persistence, and Change

by James R. Lincoln, Michael L. Gerlach
     
 

ISBN-10: 0521453046

ISBN-13: 9780521453042

Pub. Date: 06/28/2014

Publisher: Cambridge University Press

Japan's economy has long been described as organized around or embedded in networks. In times past, the web of stable, reciprocated relations among Japanese banks, firms, and ministries was thought to play an important role in Japan's ability to navigate smoothly around economic shocks. Now those networks are widely blamed for Japan's faltering competitiveness. This…  See more details below

Overview

Japan's economy has long been described as organized around or embedded in networks. In times past, the web of stable, reciprocated relations among Japanese banks, firms, and ministries was thought to play an important role in Japan's ability to navigate smoothly around economic shocks. Now those networks are widely blamed for Japan's faltering competitiveness. This book applies the perspective of structural sociology to a study of how the form and functioning of the Japanese network economy has evolved from the pre-war era to the late 1990s. It asks in particular whether, in the face of deregulation, globalization, and financial disintermediation, Japan's corporate networks - the keiretsu groupings particularly - have withered away in terms both of lost cohesion and their historical function of supporting member firms in hard times. Based on detailed quantitative and qualitative analysis, the book's answer is a qualified 'yes'. Relationships remain central to the Japanese way of business, but they are much more subordinated to the competitive strategy of the enterprise than was true of the network economy of the past.

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Product Details

ISBN-13:
9780521453042
Publisher:
Cambridge University Press
Publication date:
06/28/2014
Series:
Structural Analysis in the Social Sciences Series
Pages:
430
Product dimensions:
5.98(w) x 8.98(h) x 1.34(d)

Table of Contents

Introduction1
1The structural analysis of the network economy10
2The origins of Japanese network structures51
3The evolution of a corporate network : a longitudinal network analysis of 259 large firms87
4Exchange and control : explaining corporate ties : a longitudinal dyad analysis147
5Intervention and redistribution : how keiretsu networks shape corporate performance205
6Japan's next-generation industrial architecture295

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