Keiretsu Economy - New Economy?

Japan's Multinational Enterprises from a Postmodern Perspective

By: R. Kensy

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Hardcover | 3 April 2001 | Edition Number 1

At a Glance

Hardcover
432 Pages

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21.6 x 14.0 x 3.18

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This book combines a theoretical study of Japan's economic structures and multinational enterprises with a post-modern analysis of the contemporary multinational enterprise. The author considers the appropriateness of the post-modern approach for discussing economic activities, in particular the New Economy, and also Japanese society and culture. Kensy analyses Japan's economic structure, interpreting its methods, strategies and results in a post-modern context and presents a survey of socio-economic development in Japan since the beginning of westernization. He goes on to discuss Japanese models for the transformation of society in the future, with particular reference to the Keiretzu. Finding Japan to be a truly postmodern society, Kensy shows that Japan is prepared to be a leader in the New Economy. Kensy takes an innovative and stimulating approach that will be of interest to those seeking to better understand the development and future of the economic structures of Japan.

Industry Reviews

'...his book is still well worth reading. Rarely can one find such a detailed overview of the postmodernist approach...the book will stimulate debate and instruct students.' - John F. Wilson, University of Nottingham, Business History

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You Can Find This Book In

Non-Fiction Business & Management International Business Economics Political Economy Miscellaneous Items Reference, Information & Interdisciplinary Subjects Interdisciplinary Studies Society & Culture Cultural Studies Ownership & Organisation of Enterprises Multinationals

Industry & Industrial Studies Development Economics & Emerging Economies Economic History Politics & Government International Relations International Economics

List of Tables	p. ix
List of Figures	p. x
Foreword	p. xi
Preface	p. xii
List of Abbreviations	p. xv
The Framework
Introduction	p. 3
Terminology	p. 3
Postmodern thought categories	p. 3
Japanese economic structures	p. 4
Japanese multinational enterprises	p. 5
The business revolution called New Economy	p. 7
Objectives	p. 7
Relevance of the Research	p. 8
The postmodern discussion or: a discussion of 'the postmodern'	p. 8
Japan as the focus of attention	p. 10
The multinational enterprise as a research subject	p. 14
Previous research	p. 15
Demarcation Lines	p. 16
The terms 'postmodernism'/'postmodern'/'postmodernity'	p. 17
The view taken of Japan	p. 17
Methodological limitations	p. 18
Structure of Hypotheses	p. 20
Basic approach	p. 20
Hypothesis of the postmodern economic model	p. 21
Hypothesis of Japan's postmodernity	p. 22
Structuring the task	p. 23
Initial Summary: modus operandi	p. 24
Economics and the Postmodern
Postmodern Principles	p. 31
Overview	p. 31
Approaches to the Postmodern	p. 32
The genealogy of postmodernism	p. 32
Architecture and postmodernism	p. 34
Postmodern infiltration of science	p. 35
Special Features of the Postmodern Debate	p. 37
Habermas, or the existence of postmodernity	p. 37
Rorty, or postmodern society	p. 46
Lyotard, or the postmodern economy	p. 53
Digression: Japan's Reception of the Postmodern	p. 66
The Postmodern in the New Economy	p. 71
Summary Two: the postmodern character	p. 72
Japan: New or Old--Postmodern All the Same
Postmodern Indicators in Japanese Culture	p. 77
Overview	p. 77
The Structure and Function of the Japanese Language	p. 78
Writing, speaking and interpreting	p. 78
The ambiguity of meaning	p. 80
Blurring of the subject	p. 81
Pragmatism in communicating	p. 82
Zen Principles	p. 83
Japan--a multireligious nation	p. 83
Zen and rationality	p. 84
The pragmatism of Zen	p. 85
The dissolution of self	p. 86
Digression: the No-theatre	p. 86
The Zen value system	p. 87
Social Models and the Social Mechanism of Japan	p. 88
The web of individual relationships	p. 88
The special features of Japanese society	p. 94
Japan as a social network	p. 97
Third Summary: The Social Principles on which Japan's Postmodernity is Founded	p. 100
The Structural Environment Surrounding Japan's Multinational Enterprises--a Driving Force for Change	p. 104
Overview	p. 104
How Japan's Ability to Adapt Affects Structural Change	p. 105
The Initiators and Mechanisms of Change	p. 111
Individual and organizational elements	p. 111
Selected interpersonal mechanisms	p. 120
The links between politics, bureaucracy and the economy from an overall perspective	p. 132
A model illustrating the template on which Japanese economic coordination is based	p. 134
The Basic Principles of Structural Change in Japan	p. 137
The role of the MITI in general economic policy	p. 137
Economic strategies from the Tokugawa period to the Second World War	p. 142
Economic development up to the end of the 1970s	p. 145
The 1980s and 1990s	p. 149
Overview of Japan's economic strategies	p. 151
The Quest for Fundamental Change	p. 156
Postmodern Society, an Abstract Paradigm as a Realistic Goal	p. 160
The 'turn of the millennium' concept	p. 160
The roles of the Zaibatsu and the Keiretsu	p. 166
Fourth Summary: Japan's Transformation to a Society of the Future	p. 169
Keiretsu: Japanese Multinational Enterprises and the Postmodern	p. 173
Overview	p. 173
The Current Economic Theory's Explanation of Japanese Multinational Enterprises	p. 174
The correlation between the Keiretsu and MNEs in research terms	p. 174
Conventional MNE theories	p. 178
'Unorthodox' MNE perspectives	p. 185
The network approach	p. 193
Keiretsu Structures in the Japanese Economy	p. 202
Phenotypes of the Keiretsu	p. 202
Structural history	p. 208
Their contemporary presence as multinational enterprises	p. 213
The functions of the Keiretsu	p. 222
The Mitsubishi Keiretsu as a Case Study of a Keiretsu's Basic Structure	p. 230
Historical overview	p. 230
The composition of the core structure	p. 233
The relationship network of the Keiretsu firms	p. 240
The Keiretsu enterprise as a fractal structure	p. 248
The role of the Mitsubishi Keiretsu as a futurizing organization	p. 253
Fifth Summary: are Japan's MNEs Postmodern? And what about the 'New Economy'?	p. 255
Postscript: Bringing it all Together--Postmodern-New Economy Japan-MNE	p. 261
Notes	p. 264
Bibliography	p. 351
Index	p. 402
Table of Contents provided by Syndetics. All Rights Reserved.

Keiretsu Economy - New Economy?

Japan's Multinational Enterprises from a Postmodern Perspective

At a Glance

Hardcover

Industry Reviews

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How to return your order

Defective items

You Can Find This Book In

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