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Knowledge Diffusion and Industry Growth: The Case of Japan's Early Cotton Spinning Industry

Serguey Braguinsky

ISER Discussion Paper from Institute of Social and Economic Research, The University of Osaka

Abstract: The diffusion of technological knowledge is key to industry growth. But not all knowledge is created equal. I use a nanoeconomic approach to examine knowledge-diffusion based growth in the Meiji-era Japanese cotton spinning industry, which enjoyed remarkable success after a decade of initial failure. By tracing sources of technological knowledge to individual engineers, I find that successful technology diffusion required the right kind of human capital embodying and transmitting knowledge, and a competitive environment that rewarded talent while weeding out incompetence.

Date: 2015-06
New Economics Papers: this item is included in nep-gro, nep-his and nep-knm
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Citations: View citations in EconPapers (5)

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