Japanese Firms’ Innovation Strategies in the Twenty-First Century: An Institutional View

  • Robert Eberhart
  • Glenn Hoetker
Part of the Innovation, Technology, and Knowledge Management book series (ITKM)


The landscape within which Japanese companies innovate stands altered by events of the past two decades. Buffeted and metamorphosed by the forces of a severe asset value decline beginning in 1990, and a decade of economic malaise, followed by a subsequent decade of growth – and now the recent financial crisis – Japanese firms are transforming their innovation strategies because the national institutional framework of those strategies is altered by new economic realities. Even though the basis of the strategies that evolve from the framework, and perhaps the strategies themselves, are changing, Japan is more than maintaining its level of innovation, according to recent data. Even small companies seem to be increasingly part of recent innovation outcomes. So we ask, how is the level maintained given that the strategies that created Japan’s acknowledged industrial innovativeness seem to be transformed by events?


Corporate Governance Process Innovation Product Innovation Innovation Strategy Japanese Firm 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


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Copyright information

© Springer Science+Business Media, LLC 2012

Authors and Affiliations

  1. 1.Stanford UniversityStanfordUSA
  2. 2.Department of Management, W.P. Carey School of BusinessArizona State UniversityTempeUSA

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