When Giants Converge: The Role of U.S.-Japan Direct Investment

Front Cover
M.E. Sharpe, 1995 - Business & Economics - 261 pages
0 Reviews
This text presents an analysis of how international direct investment since World War II has played an important role in the process by which industrial countries generate technology and productivity growth. It covers the complex relations between the US and Japan since 1945.
 

What people are saying - Write a review

We haven't found any reviews in the usual places.

Contents

Changing Roles of the United States and Japan in International Direct Investment
xi
Direct Investment Growth and Converging Technologies
xii
Related Technology Flows and Convergence of National Technologies
15
Conclusions
26
Notes
27
The Changing USJapan Direct Investment Relationship
29
Financial Flows
30
Technology Flows
36
US Weakness Foreign Strength and Japanese Investment
126
Steel
129
Tires
141
Machine Tools
145
Conclusions
153
TwoWay Technology Flows in HighRD Industries Computers Semiconductors and Communications Equipment
156
Technology Linkages and Industry Structure
157
Bilateral Investments and Government Policies
159

Conclusions
50
Notes
51
Some History
53
Early US Investments and Technology Transfers 194869
55
Japans Industrialization and the United States Contribution up to 1952
56
Conclusions
74
Notes
75
Transition to TwoWay Investment and Technology Flows The 1970s
77
TwoWay Financial Flows and Industry Investment Patterns
78
US Investment in Japan
79
Japanese Investment in the United States
88
Conclusions
93
The New Relationship
95
Japanese Technology Contributions to the US Auto Industry
97
Japanese Market Gains and Factors Attracting US Consumers
98
Evolution of Japans Technology
100
Japanese Investment and US Absorption of Japanese Technology
105
Conclusions
119
Notes
122
Technology Flows in Other Low and MediumRD Industries Steel Tires and Machine Tools
125
Computers
164
Semiconductors
174
Communications Equipment
182
Conclusions
191
Notes
193
More HighRD Industries Pharmaceuticals Instruments and Semiconductor Manufacturing Equipment
198
Technology Leads and Direct Investments
199
Pharmaceuticals
200
Instruments
203
Semiconductor Manufacturing Equipment
209
Conclusions
224
Notes
226
Conclusions
228
A Look at Technology Transfers
230
Bilateral Investment and Converging Technologies
232
Changing Government Policies
233
Bibliography
235
Index
243
About the Author
253
Copyright

Other editions - View all

Common terms and phrases

Popular passages

Page 244 - The Association for Manufacturing Technology, The Economic Handbook of the Machine Tool Industry, 1987-88.
Page 244 - Organization for Economic Cooperation and Development (OECD). Foreign Trade by Commodities. Series C (annual).

References to this book