The Current State of the Japanese Economy and Challenges for Japanese Management: An Overview

Markus Pudelko and René Haak

Chapter 1 in Japanese Management, 2005, pp 3-18 from Palgrave Macmillan

Abstract: Abstract The success of Japanese companies in the world markets since the 1970s has attracted widespread attention. What became known as ‘the Japanese management model’ was the first non-Western model to question the supremacy of Western approaches to management, and its principles and practices were imitated in many ways in a number of other Asian countries, such as South Korea, Taiwan and Singapore. But ‘learning from Japan’ was not a phenomenon limited to Asian nations. Many Western corporations also adopted several aspects of Japanese management, particularly with regard to production processes, and ‘Japanese management’ developed into a subdiscipline of management studies.

Keywords: Corporate Governance; Japanese Management; Government Debt; Japanese Firm; Stock Market Capitalism (search for similar items in EconPapers)
Date: 2005
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-52328-9_1

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DOI: 10.1057/9780230523289_1

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