This collection explores the expansion of Japanese multinational firms into Asia, a process which parallelled the region's growth as a major economic region. The contributors discuss a wide range of topics, including the reasons for moving manufacturing to other countries, the flow of trade between Japan and these countries, technology transfer within firms, the impact of Japanese management practices in other Asian countries, and competition between Japanese and American firms in Asia.
Dennis J. Encarnation, Director, Pacific Basin Research Program, Harvard University
List of Contributors
List of Figures
List of Tables
I. Foreign Direct Investment (FDI) Flows
1: Mark Mason: The Origins and Evolution of Japanese Direct Investment in East Asia
2: Dennis Encarnation: Asia and the Global Operations of Multinational Corporations
II. FDI and Trade Flows
3: Edward Graham: Foreign Direct Investment Abroad and Manufacturing Trade: Empirical Results Based on Japanese and U.S. Data
4: Subramanian Rangan: Do Multinationals Shift Production in Response to Exchange Rate Changes? Do Their Responses Vary by Nationality?
III. FDI and Technology Flows
5: Shujiro Urata: Intra-Firm Technology Transfer by Japanese Firms in East Asia
6: Mitchell Sedgwick: Does Japanese Management Travel in Asia? Managerial Technology Transfer at Japanese Multinationals in Thailand
IV. FDI-Related Production Networks: Combining Foreign Investment, Trade, and Technology Flows
7: Michael Borrus: Left for Dead: Asian Production Networks and the Revival of US Electronics
8: Dennis Tachiki: The Internal Economies of Japanese Networks in Asia
V. Host- and Home-Country Effects
9: John Ravenhill: Japanese and U.S. Subsidiaries in East Asia: Host-Economy Effects
10: Yoshihide Ishiyama: Is Japan Hollowing Out?
VI. Conclusions and Implications
11: Dennis Encarnation: Japanese Multinationals in Comparative Perspective: Implications for Corporate Strategy and Government Policy Across the Pacific Basin