Published by: JPIC |
172 pages | 210mm (h) x 148mm (w) | March 2017
Global Class Japanese SMEs
Translated by Larry Greenberg
About the Book
The troubles and disappointing performance of some of Japan’s corporate giants have dominated newspaper headlines. And yet Japan still has the third-biggest economy in the world. What underlies the strength of the Japanese economy? Large enterprises in fact account for no more than 11,000 of the 3.86 million companies in Japan—99.7% are actually small- and medium-sized enterprises (SMEs), many of which maintain a low public profile. In Global Class Japanese SMEs, Makoto Kurosaki, a professor at Teikyo University, explains how 24 Japanese SMEs have gained high market share and become indispensable partners for larger firms.
The importance of SMEs was made most evident recently by the Great East Japan Earthquake. Many small businesses that manufacture automobile parts and other components in the affected regions were forced to shut down, bringing
manufacturing by Japanese and international automakers to a halt. It was a stark reminder that small local factories can have a huge impact on both leading industries and society at large.
This book provides a useful guide for policymakers as well as business leaders, SME managers and employees. It is divided into five chapters, one for each type of SME. Kurosaki explains that some companies have become world
leaders by leveraging Japan’s traditional technologies, while others have gained a competitive edge by developing highly specialized or advanced technologies that no other company can offer. Some SMEs occupy niche markets, whereas others have survived by evolving and adapting their technologies and expertise. Global Class
Japanese SMEs is a deeply informative examination of little-known Japanese SMEs. It also offers many hints on how to develop successful global operations, which rest to a great extent on how a company is managed, how passionate and motivated business leaders are, and how competent and skilled the entrepreneurs are.
Published by: JPIC |
172 pages | 210mm (h) x 148mm (w) pages | March 2017