Purposeful Preservation of Shibusawa Eiichi’s Legacy

  • John H. Sagers
Part of the Palgrave Studies in Economic History book series (PEHS)


The chapter focuses on efforts to keep Shibusawa Eiichi’s message of Confucian capitalism in public discourse. Eiichi’s grandson Shibusawa Keizo had a scholarly interest in cultural preservation, which contributed greatly to the collection and publication of Eiichi’s papers. The Dragon Gate Society (Ryumonsha), later renamed the Shibusawa Eiichi Memorial Foundation, maintains a museum and organizes seminars devoted to discussions of business ethics. Critics argue that the “Japan, Inc.” model of Japanese capitalism that Shibusawa helped create has now become an obstacle to progress. However, Shibusawa’s optimistic strategy of building networks of talented and innovative entrepreneurs with an ethical sense of mission is still attractive to those who hope to bring about needed reforms in both politics and business.


  1. Allinson, Gary D. 1987. Japan’s Keidanren and Its New Leadership. Pacific Affairs 60 (3): 385–407. Scholar
  2. Bygrave, William D. 1997. The Portable MBA in Entrepreneurship. New York: Wiley.Google Scholar
  3. Chikudate, Nobuyuki. 2002. Collective Myopia and Disciplinary Power behind the Scenes of Unethical Practices: A Diagnostic Theory on Japanese Organization. Journal of Management Studies 39 (3): 289–307.CrossRefGoogle Scholar
  4. Hirai, Yuichiro, and Tomokazu Takada, eds. 2014. Kioku to Kiroku No Naka No Shibusawa Eiichi. Shohan ed. Tokyo: Hosei Daigaku Shuppankyoku.Google Scholar
  5. Hurst, Daniel. 2018. Japan Cronyism Scandal Linked to Shinzo Abe and Wife Worsens with Suicide Note. The Guardian.
  6. Ibata-Arens, Kathryn C. 2005. Innovation and Entrepreneurship in Japan: Politics, Organizations, and High Technology Firms. New York: Cambridge University Press.CrossRefGoogle Scholar
  7. Institute for the Study of Japanese Folk Culture. 2018. Keizo Shibusawa and the Attic Museum.
  8. Johnson, Chalmers. 1982. MITI and the Japanese Miracle: The Growth of Industrial Policy, 1925–1975. Stanford: Stanford University Press.Google Scholar
  9. Katagiri, Nobuo. 1999. Gaikan 91 Nen no Shogai to Sono Jiseki. In Koeki no Tsuikyusha Shibusawa Eiichi: Shinjidai no Sozo, 3–24. Tokyo: Yamakawa Shuppansha.Google Scholar
  10. Latz, Gil, ed. 2014. Rediscovering Shibsawa Eiichi in the Twenty-First Century. Tokyo: Shibusawa Eiichi Memorial Foundation.Google Scholar
  11. Lawson, Inc. 2007. Annual Report 2007. Tokyo: Lawson, Inc.
  12. Lincoln, Edward J. 2001. Arthritic Japan: The Slow Pace of Economic Reform. Washington, DC: Brookings Institution Press.Google Scholar
  13. Morikawa, Hidemasa. 1976. Shibusawa Eiichi—Nihon Kabushiki Gaisha No Soritsusha. In Nihon No Kigyo to Kokka, Nihon Keieishi Koza, vol. 4. Tokyo: Nihon Keizai Shimbunsha.Google Scholar
  14. Obata, Kyugoro. 1938. An Interpretation of the Life of Viscount Shibusawa. Tokyo: Zaidan Hojin Shibusawa Sei-en o Kinen Kai.Google Scholar
  15. Ryumonsha, ed. 1955. Shibusawa Eiichi Denki Shiryo. 58 vols. 10 supplementary vols. Tokyo: Shibusawa Eiichi Denki Shiryo Kankokai.Google Scholar
  16. Sano, Shin’ichi. 1998. Shibusawa-ke Sandai. Tokyo: Bungei Shunju.Google Scholar
  17. Shi, Lili, and Akiyoshi Yonezawa. 2012. Innovation and Entrepreneurship: Trials of Japanese Universities. Globalisation, Societies and Education 10 (3): 367–385.CrossRefGoogle Scholar
  18. Webber, Alan M. 1992. Japanese-Style Entrepreneurship: An Interview with Softbank’s CEO, Masayoshi Son. Harvard Business Review, February.Google Scholar
  19. Wilson, William T. 2015. Japan Needs Real Economic Reform. 163. Special Report. Washington DC: Heritage Foundation.
  20. Yamamura, Kozo. 1974. Study of Samurai Income and Entrepreneurship. Cambridge, MA: Harvard University Press.CrossRefGoogle Scholar

Copyright information

© The Author(s) 2018

Authors and Affiliations

  • John H. Sagers
    • 1
  1. 1.Linfield CollegeMcMinnvilleUSA

Personalised recommendations