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The co-evolution of international business connections and domestic technological capabilities: Lessons from the Japanese catch-up experience
- Source: Transnational Corporations, Volume 18, Issue 2, Dec 2009, p. 37 - 68
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- 31 Dec 2009
Abstract
We undertake an examination of the technological catch-up experiences of the leading Japanese industrial firms in the twentieth century, based on both qualitative and quantitative historical evidence. We argue that the international business connections of Japanese firms had a strong influence on the industrial composition of the catch-up of their technological capabilities, and that in turn that catch-up has led to a change in the nature and form of their international business connections. We speculate on some similarities and differences with the current catchup of firms in emerging market economies.
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