The industrial policies of the USA and Japan

Article Abstract:

Data showing the impact of industrial policies in the economic condition of the US and Japan revealed a need for governments to leave most of the work in pursuing technological innovation in the hands of the private sector. In the US, it was shown that government measures aimed at protecting the interest of its industries played a small role in achieving significant breakthroughs in sport utility vehicles and microprocessors, among other products. In Japan, the importance of the Ministry of International Trade and Industry begins to diminish as various economic shifts take place, such as the growing importance of microprocessors in computers.

Economic Programs, Administration of Economic Programs, Economic aspects, Economic policy, United States economic conditions

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Introduction: indutrial policy and technological competitiveness

Article Abstract:

Issues concerning global competition and government economic policies have now become the center of attention for several nations as militarism and arms race diminishes. One issue of attention is the development of education and human resources to achieve technological competitiveness. Another issue is the promotion of government policies directed towards enhancing industrial competitiveness. Such policies are proven effective for countries trying to catch up with more advanced countries.

Competition (Economics)

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Japan's coordinated technology transfer and direct investments in Asia

Article Abstract:

Japan plays a crucial role in the economic development of Asian nations such as Malaysia, Taiwan, Thailand, South Korea and the Philippines. Japan's technology policy is helping these nations attain their goals of total industrialization by proving them with the technical expertise necessary for industrial development. Japan's commitment to technical cooperation is best illustrated by its support for a variety of programs, including the training of foreign students.

Management, Science and technology policy, Technology transfer

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