This book examines two central aspects of Japanese management - growth pursuit by internal investment (as opposed to acquisition), and intensive competition within and between Japanese firms. It also looks at how Japanese firms maintain efficiency and flexibility under the apparently rigid system of 'lifetime' employment.The author begins by enquiring in to the financial and human aspects of the firm with a particular emphasis placed on the human side. T he motivation, behaviour, and organization of Japanese management are discussed and the consequences of Japan's management system on its industrial organization and macroeconomy are examined. Throughout the book, it is emphasized that competition is at the heart of the Japanese
economy and management to the same, if not to a greater degreee than in the West. This competition is enhanced by the growth preference of Japanese management, and competition in turn makes growth feasible.
Readership: Academics, postgraduates and undergraduates interested in Japanese business strategies, in management issues, and in comparative economic systems.
Hiroyuki Odagiri, Professor, Institute of Socio-Economic Planning, University of Tsukuba, Japan
"an interesting and well-documented contribution to an important literature" - Economic Journal
"Odagiri's book has broken new ground by integrating micro-level firm behaviour with macroeconomic consequences in a highly systematic and comprehensive manner." - Industrial Relations Journal