Information Technology Innovation and the Japanese Economy

Name: Information Technology Innovation and the Japanese Economy
Brand: Stanford Economics and Finance
SKU: 9780804773898
Price: 7668.0 INR
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by Kiyohiko Nishimura , Kazunori Minetaki

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ISBN13: 9780804773898
Binding: Hardcover
Subject: N/A
Publisher: Stanford Economics and Finance
Publisher Imprint: Stanford Economics and Finance
Publication Date: July 7, 2010
Pages: 256
Original Price: USD 70.0
Language: English
Edition: N/A
Item Weight: 522 grams
BISAC Subject(s): Development / Economic Development

About The Book

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.

About The Author

Kazunori Minetaki is a Senior Researcher at the Research Institute of Socio network Strategies, Kansai University, and Special Researcher at the Institute for Information and Communications Policy at the Ministry of Internal Affairs and Communications, Japan. Kiyohiko G. Nishimura is Deputy Governor of the Bank of Japan. Previously, he was on the Faculty of Economics at the University of Tokyo.

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