Switzerland and the industrialisation of Japan: Swiss direct investments and technology transfers to Japan during the twentieth century
Business History, 2010, vol. 52, issue 5, 713-736
After the United States, Switzerland was one of the main sources of FDI to Japan in the twentieth century. Swiss multinationals that have invested there have three characteristics in common. First of all, they take a long-term perspective. The main companies present at the beginning of the twentieth century (Brown Boveri, Ciba, Nestle, Sandoz, Sulzer) were still some of the largest Swiss companies in Japan at the end of the century. Second, they gradually shifted from distribution to production during the inter-war period. Third, they backed Japan's industrialisation by strengthening historically underdeveloped sectors (chemicals) and by contributing to the growth of the manufacturing industry (machines).
Keywords: Switzerland; Japan; foreign direct investment (FDI); technology transfer; twentieth century (search for similar items in EconPapers)
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