Director, Business Environment Promotion Division
Ministry of Economy, Trade and Industry (METI)
1-3-1, Kasumigaseki, Chiyoda-ku
Institutional Affiliation: Ministry of Economy, Trade and Industry
NBER Working Papers and Publications
|January 2003||Is Japan's Innovative Capacity in Decline?|
with Lee Branstetter: w9438
This paper investigates changes in the output and productivity of research and development activities in Japanese manufacturing firms over the 1980s and 1990s. Evidence from aggregate patent and R&D statistics and a micro-level analysis of R&D productivity at the firm-level suggest that there has been a slowdown in the growth of Japanese research productivity in the 1990s. The paper goes on to suggest possible explanations for this slowdown and reviews some of the steps Japanese firms are taking to increase the effectiveness of their R&D. The paper presents empirical evidence concerning the impact of one of these steps the creation of technology alliances with U.S. firms on Japanese innovative output.
Published: Blomstrom, Magnus, Jennifer Corbett, Fumio Hayashi, and Anil Kashyap. Structural Impediments to Growth in Japan. Chicago, IL: University of Chicago Press, 2003.
|Is Japan's Innovative Capacity in Decline?|
with Lee G. Branstetter
in Structural Impediments to Growth in Japan, Magnus Blomström, Jennifer Corbett, Fumio Hayashi and Anil Kashyap, editors