By Dennis McNamara
Commercial festival with emerging economies, new nearby funding from the West, and exchange pacts between rivals threaten Japan’s lengthy postwar prominence. international industry dynamics and neighborhood pageant brought on the shift from offshore factories to neighborhood networks within the final decade. related forces are riding the hot formation of local Nikkei - Japan-affiliated - nodes in significant business clusters in Asia. The crucial idea of this quantity, "knowledge networks," refers to interactive linkages round nodes of tacit and codified wisdom embedded in international price Chains. via survey facts and interviews at businesses and factories this ebook unearths the issues dealing with wisdom move, corresponding to persisting problems in communique, expertise move, and indigenous studying in neighborhood nodes of Nikkei price Chains and the endurance of past styles of hierarchical coordination in info flows regardless of the shift in the direction of extra horizontal community association. besides the fact that, a comparability of Nikkei wisdom networks in China, South Korea, and Thailand unearths the chances of an interactive studying group in cross-border funding. If Japan can meet the problem of tapping Asia’s offshore assets for innovation, it's going to pose a powerful worldwide problem to Western rivals.
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Additional resources for Business Innovation in Asia: Knowledge and Technology Networks from Japan (Routledge Contemporary Asia Series)
2004). A new bipolar nexus? China looms large in the changing format of South Japan-Korea trade and produc tion ties. Incremental annual growth in South Korea's imports from Japan has not kept pace with the overall expansion of import demand in Korea. Japan's share of the total South Korean import market fell from 1 9 percent to only 1 7 percent between 2001 and 2006, just as China's share of the same market increased from 9 percent to 1 6 percent (Kameyama 2007). The "China tum" on the peninsula represents a benign nexus of trade and investment of its own, with South Korea ranking now just behind Japan as China's leading investor (Lee I.
Japan remains just behind the USA as China's largest export market, fol Japanese higher value-added manufactures. JETRO Chairman Yasuo Hayashi lowed recently by South Korea. 2). Looking back, the plants operating in China (2007). A METI survey of Japanese manufacturing affili annual value of China imports has jumped from $37 billion in 200 1 to $ 1 1 8 bil ates reported sales in China for 2007 of$95 billion. 4 billion lion in 2006. 7 billion of domestic sales in China machinery and computers, telecommunications, and other electronics) in total (METI 2007a).
Thailand has not emulated South Korea's tum to the China market. The nation has maintained closer trade ties with Japan than has South Korea, although both Thailand and Korea suffer a trade imbalance with Japan. Extensive Japanese investment in the Thai manufacturing base, and consequently a major role in Thai exports, may partially explain the comparative resilience of Japanese ties. Japan is also the major source of official financial flows from abroad, with the Japan Bank for International Co-operation (JBIC) providing critical funds for major infrastructure projects such as the New Bangkok International Airport (Ramstatetter 2007).