Trinity for Innovation: the Case of Tokyo Rope in the Meiji Era

Kazuki Yokoyama

MPRA Paper from University Library of Munich, Germany

Abstract: How companies can achieve the urgently required innovation is a contemporary issue. As a historical example of this issue, this paper notices the case of Tokyo Rope Corporation (Tokyo Seiko) in the Meiji era (1868-1911). The purpose of this paper is to examine the factors of Tokyo Rope’s R&D based on the records of the company history and other documents. This paper points out three factors: (1) rebuilding a corporate governance structure for ambidexterity, which refers balancing the exploitation of existing products with the exploration of new developments; (2) intellectual communication between academic researchers and practitioners; and (3) smooth B2B transactions. The trinity of these factors could have brought about rapid innovation.

Keywords: innovation; R&D (research and development); ambidexterity; exploitation; exploration; intellectual communication; and B2B (business-to-business). (search for similar items in EconPapers)
JEL-codes: N65 N85 O32 (search for similar items in EconPapers)
Date: 2023-12-21
New Economics Papers: this item is included in nep-his and nep-sbm
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