Keiretsu: Japanese Multinational Enterprises and the Postmodern

Rainer Kensy

Chapter 5 in Keiretsu Economy — New Economy?, 2001, pp 173-260 from Palgrave Macmillan

Abstract: Abstract Chapter 3 concentrated on basic cultural principles, and Chapter 4 on basic Japanese economic strategies. In this chapter we look at the third dimension, which Best perceived as the basis for Japanese competitiveness: the production organization.1 In this context, the term does not refer to management or production techniques, but has now been adapted in the postmodern context to mean a new type of business coordination and structure (particularly in the context of intercompany cooperation). Having described postmodern phenomena collectively in terms of mature social mechanisms and complex social structures, in an everyday economic setting as well as the role of the state and paragovernmental organizations in economic coordination, strategy-making and implementation, we can now examine the extent to which the conclusions reached can also be found at company and group level and then round them off to form a concise picture.

Keywords: Foreign Trade; Multinational Company; Transaction Cost Economic; Trading Company; Company Structure (search for similar items in EconPapers)
Date: 2001
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-333-98568-7_5

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DOI: 10.1057/9780333985687_5

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