By H. Yoshimatsu
This article examines how the internationalization of company actions has affected the economic coverage personal tastes of jap agencies. utilizing case reviews of 3 business sectors and of Keidanren (Japan's so much influential enterprise federation), the writer argues that development of overseas operations is likely one of the significant the reason why the world over orientated corporations and their major enterprise federation have dedicated themselves to selling the hole of "keiretsu" teams, and to selling marketplace entry for international organizations and items. The ebook comprises information regarding business-government family members, political clash and coverage making and implementation approaches in Japan.
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Extra resources for Internationalisation, Corporate Preferences and Commercial Policy in Japan
Sample text
In the hard case, industry is faced with high import pressure and rising levels of import penetration. Under such circumstances, the industry is likely to have a preference for demanding high levels of protection. In the soft case, the industry does not suffer from import pressure. However, firms and industries are expected to have a preference for promoting the opening of the home market and facilitating market access of foreign goods and firms because of rising costs resulting from their international operations.
It is usual in Japan for there to be several associations within an industry whose objectives or sub-sector interests are different from each other. For example, EIAJ has 14 associations as its relevant organizations in the electronics industry, while JAMA has as many as 22. But these associations play a supplementary role in realizing the broader interests of the industries. In addition, Japanese industrial associations enjoy a stable legal status because there are quite a few exempt cases in which the Antimonopoly Law provides exemption for actions of associations under its auspices (Lynn and McKeown 1988, chap.
19 Third, industrial associations play a role in implementing government policies, particularly administrative guidance. As explained before, the delivery of administrative information is one of the key functions of industrial associations. The role of industrial associations is not merely to deliver administrative information to its members. Formulated after adequate prior consultation with industrial associations, administrative guidance often reflects the consensual interests of the whole industry.