Advances in Japanese Business and Economics showcases the research of Japanese scholars. Published in English, the series highlights for a global readership the unique perspectives of Japan’s most distinguished and emerging scholars of business and economics. It covers research of either theoretical or empirical nature, in both authored and edited volumes, regardless of the sub-discipline or geographical coverage, including, but not limited to, such topics as macroeconomics, microeconomics, industrial relations, innovation, regional development, entrepreneurship, international trade, globalization, financial markets, technology management, and business strategy. At the same time, as a series of volumes written by Japanese scholars, it includes research on the issues of the Japanese economy, industry, management practice and policy, such as the economic policies and business innovations before and after the Japanese “bubble” burst in the 1990s.
Overseen by a panel of renowned scholars led by Editor-in-Chief Professor Ryuzo Sato, the series endeavors to overcome a historical deficit in the dissemination of Japanese economic theory, research methodology, and analysis. The volumes in the series contribute not only to a deeper understanding of Japanese business and economics but to revealing underlying universal principles.
Editor in Chief
RYUZO SATO
C.V. Starr Professor Emeritus of Economics, Stern School of Business, New York University
Senior Editor
KAZUO MINO
Professor Emeritus, Kyoto University
Managing Editors
HAJIME HORI
Professor Emeritus, Tohoku University
HIROSHI YOSHIKAWA
Professor, Rissho University; Professor Emeritus, The University of Tokyo
KUNIO ITO
Professor Emeritus, Hitotsubashi University
Editorial Board Members
TAKAHIRO FUJIMOTO
Professor, The University of Tokyo
YUZO HONDA
Professor Emeritus, Osaka University; Professor, Kansai University
TOSHIHIRO IHORI
Professor Emeritus, The University of Tokyo; Professor, National Graduate Institute for Policy Studies (GRIPS)
TAKENORI INOKI
Professor Emeritus, Osaka University; Special University Professor, Aoyama Gakuin University
JOTA ISHIKAWA
Professor, Hitotsubashi University
KATSUHITO IWAI
Professor Emeritus, The University of Tokyo; Visiting Professor, International Christian University
MASAHIRO MATSUSHITA
Professor Emeritus, Aoyama Gakuin University
TAKASHI NEGISHI
Professor Emeritus, The University of Tokyo; Fellow, The Japan Academy
KIYOHIKO NISHIMURA
Professor, The University of Tokyo
TETSUJI OKAZAKI
Professor, The University of Tokyo
YOSHIYASU ONO
Professor, Osaka University
JUNJIRO SHINTAKU
Professor, The University of Tokyo
KOTARO SUZUMURA
Professor Emeritus, Hitotsubashi University; Fellow, The Japan Academy