JTMGE Vol. 8 No. 1 (April 2017)
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Browsing JTMGE Vol. 8 No. 1 (April 2017) by Author "Chihiro Watanabe"
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Item Harnessing Women’s Potential as a Soft Engine for Growth – Lessons from Contrasting Trajectories between Finland and Japan for Growing Economies(Chitkara University Publications, 2017-04) Chihiro Watanabe; Kashif Naveed; Pekka NeittaanmäkiHarnessing the vigor of women’s potential is essential for inclusive economic growth in a digital economy moving toward aging society. This can be a soft engine for sustainable growth substitutable for costly hard investment. While there exists explicit evidence of a virtual cycle between economic growth and gender balance improvement, emerging countries cannot afford to overcome the constraints of low income. Given the foregoing, this paper analyzed possible co-evolution between economic growth, gender balance improvement and digital innovation initiated by information and communication technology (ICT) advancement. Using a unique dataset representing the state of gender balance improvement in the function of economic growth and ICT advancement, an empirical numerical analysis of 44 countries was attempted. These countries were classified as emerging, industrialized and with a specific culture. It was found that while industrialized countries, typically Finland, have realized high performance in co-evolution, emerging countries have been constrained by low ICT advancement, and countries with a specific culture have, notwithstanding their high economic level, also been constrained by a traditional male-dominated culture. Japan is a typical case. Based on these findings, lessons from contrasting trajectories between Finland and Japan for emerging countries were analyzed. It is suggested that advancement of ICT, not only quantitatively but also qualitatively in such a way as constructing a self-propagating system, is crucial for emerging countries. A new practical approach for harnessing the potential resources for sustainable growth was thus explored.Item Roles of Exogenous Technologies in Vehicle Innovation: Cases from a Japan’s Automotive Parts Manufacturing Firm(Chitkara University Publications, 2017-04) Masahiro Nakagawa; Chihiro WatanabeThis paper explores the roles of technological innovations in the growth of Japan’s motor vehicle industry, mainly from technology spillover perspective from the early 2000s to today. An empirical analysis focusing on business performances, R&D investments, and patent applications taking a noteworthy unique case in Japan was attempted. Empirical analyses on the productivity of patent to technology stock, use of exogenous technologies for their own technological innovation on its Automotive Business Unit elucidated that innovation capabilities, incorporation of exogenous technologies, and profit generation makes a virtuous cycle of continuous technological innovation. Furthermore, we found that the range of technology spillovers is not only expanding along with the development of information communication technology but also superposing itself intricately between organizational (industry– firm–business unit) layers.