International Relation & Global Economy: Report

Added on -2020-02-24

| 10 pages| 2262 words| 47 views

Trusted by 2+ million users,
1000+ happy students everyday

Showing pages 1 to 3 of 10 pages

International relation & global economy1International relation & global economy
International relation & global economy2Table of ContentsIntroduction.................................................................................................................................................3The development of Japanese capabilities in science, technology, and innovation......................................3Competitiveness of Japanese Multinationals...............................................................................................4Advantage of Japanese Industry..................................................................................................................5Steps required for improving the capabilities of fundamental research.......................................................7Conclusion...................................................................................................................................................8References...................................................................................................................................................9
International relation & global economy3IntroductionThis report outlines on the Japan's bubble economy since 1960 in which Japanese multinationalorganizations have faced competitive challenges in developing the competitiveness. Theeconomy of Japan is engaging in the international economy in different phases after SecondWorld War. The Japanese multinationals learnt from overseas MNCs in trading, manufacturingand shipping through strategic coalitions and technological development. The report is alsodescribing different proposed programs by Japanese government to boost its multinationals andimplement the competitiveness in the global industry. The development of Japanese capabilities in science, technology, and innovationThe key factors underlying by the Japanese Multinationals are development of science,technology and innovation in the business activities, which have been remained incredibleconsistent in recent half-century. For this development the central government of the nation alsosupported to the companies with encouraging the diffusion and adoption of foreign technologiesthrough stimulating demand, lowering private-sector risks and providing appropriateinfrastructure. It is observed that during the postwar period a range of critical environmentfactors favored to Japanese multinationals. In this time period, other nations were seeking tobuild technological and industrial strengths by utilizing Japan’s approaches with the measure ofsuccess (Pohl and Yarime, 2012). Due these reasons the government and industries of Japanmade adjustments with the aim of increasing national capabilities to establish new mechanismand fundamental innovations in the global market. In this concern, different technologicalinitiatives and international science contributed to the competitiveness of JapaneseMultinationals are discussed as below:

Found this document preview useful?

You are reading a preview
Upload your documents to download
or
Become a Desklib member to get accesss

Premium

$45

Q&A Library Access

Chat support

12

Document Unlocks

4

Answer Unlocks

Students who viewed this