Information technology innovation and the Japanese economy

Author(s)

Bibliographic Information

Information technology innovation and the Japanese economy

Kazunori Minetaki and Kiyohiko G. Nishimura

Stanford University Press, c2010

  • : Stanford Univ. Press
  • : Univ. of Tokyo Press

Other Title

Jouhou gijutsu kakushin to Nihon keizai

情報技術革新と日本経済 : 「ニュー・エコノミー」の幻を超えて

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Note

Association with: University of Tokyo Press and NUS Press

Includes bibliographical references (p. 218-223) and index

Description and Table of Contents

Description

The notion that innovation in information technology could spark a revitalization of the Japanese economy became a hot topic in 2000, and the Japanese government announced an e-Japan Strategy for creating a "knowledge emergent society" in January 2001. However, just when a consensus seemed to be emerging regarding the importance of IT innovation in Japan, the country's IT industries were deeply influenced by a recession that originated in the U.S. Although economic conditions have improved, strong IT-driven economic growth in Japan has not bounced back. Using a newly constructed set of data, this book examines how the Japanese economy has been affected by advances in information and communications technology, and whether Japan's experience with IT advancement was a short-lived bubble or part of a truly revolutionary change in the Japanese economy that will lead to long-term growth. The authors discuss similarities and differences between Japan's experience with IT innovation and that of the United States, where IT is thought to have played a major role in stimulating the economy.

by "Nielsen BookData"

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