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History of Innovative Entrepreneurs in Japan (Hardcover, 1st ed. 2023)
Loot Price: R1,667
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History of Innovative Entrepreneurs in Japan (Hardcover, 1st ed. 2023)
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This is the first Open Access book introducing more than 20 of
Japan's leading innovative entrepreneurs from the 17th century to
the present. The author outlines the innovative business models
created by entrepreneurs including SoftBank's Masayoshi Son, Fast
Retailing (Uniqlo)'s Yanai Tadashi, Honda's Soichiro Honda, Sony's
Akio Morita, Panasonic's Konosuke Matsushita, and Toyota's Kiichiro
Toyoda, as well as their predecessors including Takatoshi Mitsui of
Mitsui Zaibatsu, Shibusawa Eiichi of Daiichi Bank. While
introducing the innovators, the author also raises three broader
questions: 1. Why did Japan industrialize earlier than any other
country outside Europe and the United States? 2. Why was Japan able
to realize unsurpassed economic growth between the 1910s and the
1980s? 3. Why has Japan's economy stagnated for more than 30 years
since the 1990s? Drawing upon analytical concepts including
Schumpeter's breakthrough innovation, Kirzner's incremental
innovation, and Christensen's disruptive innovation, the author
contends that Japan's successes were based on unique and systematic
breakthrough innovation and an accumulation of incremental
innovation, while it later fell victim to a combination of
breakthrough innovation from advanced countries and disruptive
innovation by developing nations.
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