This book analyzes the relationship between technological
innovation and economic development in Japan before World War II.
Guan Quan deploys econometric analysis, multivariate statistical
analysis and case studies from different industries to shed light
on technological innovation in the Japanese context with particular
emphasis on the importance of the patent system. A great deal of
new inventions and patents in this period led to fast economic
growth in Japan characterized by the simultaneous development of
both traditional and modern industries. These insights help reshape
the understanding of Japan's economic development and industrial
advancement at an early stage and provide pointers to developing
countries as to how human capital, social capabilities and thereby
technological innovation can figure in economic growth. The book
will appeal to academics of the East Asian economy, development
economics and modern economic history as well as general readers
interested in the miracle of the Japanese economy as the first to
achieve economic development and modernization among non-Western
countries.
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