The decade long period of slow growth in Japan has raised
provocative questions relating to theory development in
international management. Japan??'s "lost decade" has led to
changes in both overall strategy and to increased variety in
individual firm responses to slower growth. The combination of
internal changes in the Japanese domestic business environment and
external changes in the international environment has generated
strong incentives for Japanese firms to seek new ways to structure
and compete. These adjustments have necessitated changes not only
in the management of Japanese firms domestically, but in overseas
markets as well.
This volume includes contributing chapters from authors based in
Asia, Europe, and North America to examine how Japanese firms have
responded to the challenge of a slower domestic economy and a more
competitive international economy. Articles were selected to
address three aspects of this issue: adaptation to domestic
environmental changes, adjustments in inter-organizational
relations, and the experience in foreign MNCs in Japan and Japanese
MNCs abroad.
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