Global Wage Difference Problem: The Smile Curve and Fair Allocation of the Global Value-Added Among Nations

Yasuhiro Monden

Chapter 5 in Economics of Incentives for Inter-Firm Innovation, 2018, pp 107-114 from World Scientific Publishing Co. Pte. Ltd.

Abstract: The following sections are included:Japanese Firms Should Not Consider the Short-Term Positioning in the Current Smile CurveJapan Should Try to Achieve Fair Allocation of the Global Value-Added in the Long-Run. For this Purpose, They Should Cooperate for the Economic Growth of the Emerging CountriesRecent Economic Development in Asian CountriesChange of the Shape of Smile CurveFor Solving the Problem of the Wage Differentials in Advanced Countries in a Globalized EconomyEndnotes

Keywords: Open Innovation; Open Network Organization; Incentive Price System; Inter-Firm Collaboration; Supply Chain Managment (search for similar items in EconPapers)
JEL-codes: L10 (search for similar items in EconPapers)
Date: 2018
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