Micro-Evidence for the Dynamics of Industrial Evolution : The Case of the Manufacturing Industry in Japan and Korea

by Heshmati, Almas; Lee, Jeong-dong

• ISBN13: 9781604563887
• ISBN10: 1604563885
• Format: Hardcover
• Copyright: 2009-01-30
• Publisher: Nova Science Pub Inc

Summary

Creation of firms with new ideas, their growth, and exit of inefficient ones constitute the essence of creative destruction which has been the engine of capitalist society. By observing the process of birth, growth, and death of firms, we can understand the overall picture of dynamics that an industry experiences over the life cycle The book contains nine chapters of which nine are contributed chapters, and is divided into three parts: The first part shows some stylised facts of industrial dynamics in Korea and Japan. The second part deals with the issue of globalisation and innovation from the perspective of industry dynamics. The last part investigates the implication of size on the Korean manufacturing industry. The common feature of all contributions is found in the approach used. Thus, the authors do not focus on the theoretical models but on numerical evidences. Japan has taken the lead position in the level of technology and industrial performance as characterised by its competitive large companies and

Table of Contents

Change of Industrial Structure: Importance of Micro Evidence	p. 1
Stylized Facts of Firm Dynamics in the Korean Manufacturing in the 1990s and 2000s	p. 7
Plant Turnover and TFP Dynamics in Japanese Manufacturing	p. 23
The Impact of Internationalization on Employment and Productivity Growth: A Comparative Analysis of Japanese and Korean Micro-Data	p. 61
The Globalization of Japanese Firms and its Impact on the Domestic Economy	p. 103
International Intrafirm Transfer of Management Technology by Japanese Multinational Corporations	p. 123
The Relationship between Innovation and the Performance of Korean Manufacturing Firms	p. 141
The Threshold Effect on the Growth of SMEs in Korean Manufacturing	p. 161
Evaluating Dominance Ranking of Productivity Distribution in Korean Manufacturing Industry	p. 175
Index	p. 197
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