DSpace Repository :: Browsing by Author "Chihiro Watanabe"

Browsing by Author "Chihiro Watanabe"

Now showing 1 - 20 of 20

A Perspective on Frugality in Growing Economies: Triggering a Virtuous Cycle between Consumption Propensity and Growth
(Chitkara University Publications, 2011-10) Kayano Fukuda; Chihiro Watanabe
The relationship between Growing economies have recovered from the global financial crisis faster than many developed economies and increased the consumption significantly over the past years. In light of the role of their consumption growth in global sustainability, this paper analyzes the decisive factors leading to a virtuous cycle between consumption propensity and investment in growing economies. An empirical analysis was conducted to identify the contributing factors to such a cycle in 40 countries. They could be divided into three economic groups by the marginal propensity to consume. The results suggest that growing economies suffer from an autarky cycle between consumption and GDP due to insufficient investment elasticity against consumption elasticity while advancing and advanced economies allow GDP growth to induce investment efficiently. A possible trigger for inducement of investment by growth in growing economies can be ‘frugality’.
A Transition from Consumption-Dependent Development to Investment-Driven Development: A Comparison of 40 Countries
(Chitkara University Publications, 2012-10) Kayano Fukuda; Chihiro Watanabe
Following up the contrasting behaviors that growing economies suffer from an autarky cycle between consumption and economic growth. Advancing and advanced economies allow GDP growth for inducing investments efficiently. An empirical analysis was conducted in 40 countries, inspired by Samuelson’s multiplier-accelerator model, to examine a mechanism for switching from an autarky cycle to an investment-inducing virtuous cycle. The results suggest that a correlation between consumption growth and investment intensity is crucial to enable a shift from an autarky cycle to a virtuous cycle. The transition dynamism of economic cycles in these countries in the last three decades is also analyzed.
Catalyst Role of Government R&D Inducing Hybrid Management in Japan: Lessons for Emerging Economies
(Chitkara University Publications, 2010-10) Kayano Fukuda; Chihiro Watanabe
Japan has achieved conspicuous technology advancement and subsequent productivity increase by overcoming threats and constraints of sustainable development of economy and society. The achievement can be attributed to a sophisticated combination of industrial efforts and government stimulation. This paper analyzes the government role in inducing industrial strength in Japan. Empirical analyses were conducted focusing on technology driven development trajectory between Japan and the US over the last two decades. The results reveal that Japan incorporates sophisticated mechanism enabling the hybrid management of technology fusing indigenous strength and learning ability. While the combination of government and industry stagnated in the 1990s, a swell of reactivation emerged in the early 2000s. This can largely be attributed to revitalization of the mutual interaction between government and industry. Such a catalyst role of government R&D inducing the hybrid management demonstrated by Japan would provide a new insight in emerging economies.
Co-emergence of Institutional Innovation Navigates the New Normal in Growing Economies
(Chitkara University Publications, 2013-04) Weilin Zhao; Chihiro Watanabe; Yuji Tou
Increasing fear of the global simultaneous stagnation derived from the Euro-crisis together with the New Normal in growing economies reveals the limit of individual strength leading to the significance of fusion with global best practices. Dramatic advancement of the Internet has enabled consumers in any nation to choose and learn from world’s strongest suppliers. Both trends inevitably necessitate co-emergence of institutional innovation between suppliers and consumers for sustainability. On the basis of an empirical analysis comparing institutional systems in 100 nations, this paper demonstrates the significance of this co-emergence thereby navigating the New Normal in growing economies.
Co-evolution between Trust in Teachers and Higher Education Enabled by ICT Advancement – A Suggestion to ICT Growing Economies
(Chitkara University Publications, 2016-10) Chihiro Watanabe; Kashif Naveed; Pekka Neittaanmäki
In light of the increasing significance of trust-based higher education towards digitally-rich learning environments, co-evolution dynamism between trust in teachers and higher education enabled by ICT advancement was analyzed. Using the rate of trust in teachers for good education in the Global Teacher Status Index, together with statistics on higher education level and ICT advancement, an empirical numerical analysis of 20 countries was attempted. It was identified that while ICT advanced countries have constructed a co-evolution between ICT, higher education and trust, ICT growing countries have not succeeded due to a vicious cycle between ICT and trust. Finland’s educational success can be attributed to this co-evolution while an education productivity paradox can be attributed to a disengagement. It is suggested that steady ICT advancement by making full utilization of external resources in digitally-rich learning environments can be essential to ICT growing countries for their higher education. A new approach for constructing the foregoing co-evolution in a systematic way was thus explored.
Dual Hybrid Management of Technology: Co-evolution with Growing Economies
(Chitkara University Publications, 2011-04) Kayano Fukuda; Weilin Zhao; Chihiro Watanabe
Given the increasing significance of the co-evolution between advanced and growing economies for problem-solving innovation that aims at solving global critical issues, this paper attempts an empirical analysis to identify the optimal co-evolutionary trajectory, which could benefit both advanced and growing economies. While Japan has succeeded to develop the hybrid management of technology fusing indigenous strength and learning ability, it has revealed some limitations during the global simultaneous economic stagnation. The analysis suggests that the dual hybrid management of technology coevolving also with growing economies is decisive to the problem-solving innovation of the nation. This benefits nations in growing economies as well. This paper provides new insights into the problem-solving innovation, and also inducing strategy of growing economies for global sustainability.
Fusing East and West Leads a Way to Global Competitiveness in Emerging Economy: Lessons from China’s Leap in Wind Energy Development
(Chitkara University Publications, 2014-10) Narasimalu Srikanth; Chihiro Watanabe
China has demonstrated world leading wind energy development in the last five years which can be attributed to the fusion between its design and manufacturing strength in indigenous wind turbine industry and newly emerging wind energy industry in absorption of global best practices. An empirical analysis of China’s wind energy development trajectory over the last decade focusing on the technology sourcing from foreign firms in support of domestic players for accelerating functionality development through enhanced knowledge identification, absorption, assimilation and acclimatization was attempted. Important lessons learned include (i) importance of supply chain in the technology diffusion, (ii) effective technology acquisition and assimilation through early domestic firm engagement, (iii) effect of relevant domestic firms involvement in technology transfer partnership to induce inter-industry spillovers, and (iv) a framework for an emerging nation to develop new functionalities. Similarity and disparity with similar success of fusion in solar industry (JTMGE 3, 2) were also identified.
Fusing East and West Leads a Way to Global Competitiveness in Emerging Economy: Source of China’s Conspicuous Strength in Solar Industry
(Chitkara University Publications, 2012-10) Narasimalu Srikanth; Chihiro Watanabe
In light of a conspicuous strength in China’s solar industry in recent years this paper analyzes an institutional source of its strength. Empirical analysis was conducted focusing on the interaction between indigenous semiconductor industry (“East”) and newly emerging solar industry in absorption of global best practices (“West”) thereby fusion between them was demonstrated. Success of this fusion can be attributed to a joint work between industry’s intensive effort in learning global best practices for exploring new business and government’s catalytic role for the attainment of decarbonisation society for nation’s sustainability. This suggests a new insight for growing economy for its development of global competitive industry.
Government’s Catalytic Role in Emerging Economy: Critical Comparison of China’s Conspicuous Strength in Wind and Solar Industry
(Chitkara University Publications, 2013-04) Narasimalu Srikanth; Chihiro Watanabe
In light of a conspicuous strength in China’s solar and wind industry in recent years this paper analyses the catalytic role of the government in inducing the institutional source of its strength. Critical comparison of the two industries show China’s renewable energy policies for wind industry was more effective than the solar industry through adopting a self-propagating functionality development through fusing the external technology with domestic industries know-how to co-evolve both production and diffusion through effective assimilation. This suggests a new insight for growing economy to devise effective policy framework to develop a globally competitive industry
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 Neittaanmäki
Harnessing 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.
Institutional Sources of Resilience in Global ICT Leaders – Harness the Vigor of Emerging Power
(Chitkara University Publications, 2014-04) Chihiro Watanabe; Kashif Naveed; Weilin Zhao
In light of the significant impacts on global economy both nations and firms witnessed a dramatic advancement of information and communication technology (ICT). There was particularly bi-polarization between ICT advanced and growing economies compelling a vicious cycle between ICT advancement and its productivity decline in these economies. The institutional sources of resilience were analyzed. On the basis of an empirical analysis comparing technopreneurial performance in world top 500 ICT firms by market value, sales and profit over the last decade, resilient firms maintaining world top 100 position by all three values over the whole period were identified. Institutional sources enabling resilient firms maintain leading position can largely be attributed to co-evolutionary acclimatization ability, which harnesses the vigor of emerging power of counterparts both in home countries and in advanced countries as well as growing economies in a co-evolutional way. Such ability maximizes synergy between efficiency and resilience in their technopreneurial management. Contrasting business model in global ICT firms with and without resilience structure suggests the sources of emerging trap due to ICT advancement and endorsed the significance of co-evolutionary acclimatization. This suggests the significance of institutional co-evolution between ICT advanced and growing economies that enables both economies to harness the vigor of partners for global sustainability.
International Cooperation Towards Decarbonization, Originating from India – Case Analysis of Industrial Cooperation in the Semiconductor Sector between India, Japan, and Taiwan
(Chitkara University Publications, 2024-04-10) Takashi Hattori; Yuji Tou; Chihiro Watanabe
Background: Climate change represents a global challenge that cannot be mitigated by any single nation. Notably, CO2 emissions from the Southern Hemisphere are escalating rapidly, currently constituting two-thirds of the global total. The proactive efforts of India, which leads this group, are noteworthy. Purpose: This study aims to elucidate the impact of international cooperation on decarbonization, with a specific focus on the semiconductor industry in India, a representative nation of the Global South. The current state of collaboration between Japan, Taiwan, and India serves as an exemplar of international efforts towards decarbonization. Furthermore, the strategic significance of industrial collaboration in the semiconductor sector among Japan, India, and Taiwan, and the potential for establishing a global semiconductor supply chain oriented towards decarbonization, are examined. Method: This study employs a case study methodology to scrutinize the current status of international collaboration in the semiconductor industry among India, Japan, and Taiwan. Result: The Japanese semiconductor industry, renowned for its advanced technical capabilities, necessitates the fortification of the global supply chain and technology transfer, with collaboration with India proving advantageous. Taiwan, actively expanding its presence in India, seeks to enhance the quality and efficiency of semiconductor manufacturing and to form diverse supply chains, thereby accelerating innovation through collaboration with Japan. A synergistic relationship in the semiconductor industry is being established among India, Japan, and Taiwan. Conclusion: India possesses the potential to assume a pivotal role in the construction of a global semiconductor supply chain, with Japan and Taiwan identified as optimal partners. This collaboration is anticipated to bolster manufacturing capabilities aimed at decarbonization, contribute to international decarbonization efforts, and drive technological advancements as part of global next-generation technology management.
Resonance between Innovation and Consumers: Suggestions for Emerging Market Customers
(Chitkara University Publications, 2012-04) Chihiro Watanabe; Weilin Zhao; Mitsuko Nasuno
Consumption increase in emerging markets is significant for global sustainability as it helps in overcoming structural impediments that impede investment inducement. In this light, the paper aims at demonstrating a hypothesis that resonance between innovation and consumers triggers co-emergence of investment essential for an emerging market and further analyses resonant behavior between attractive goods and consumers. The elevation in face temperature of consumers looking at attractive goods was measured at the event corner of a Japanese supermarket by utilizing thermography. Noteworthy findings obtained include that consumer temperatures increase as they perceive, recognize and decide to purchase attractive goods while elevated temperatures decrease when the goods are not attractive enough to purchase. Consumer couples also incorporate a general tendency to converge toward the same decision in a resonant way. Through correlation analysis of sales records, it was demonstrated that sales of attractive goods represents innovation which increases by resonating consumer demand through construction of a spirally developing virtuous cycle. These findings provide a constructive suggestion for stimulating latent consumer vitality in emerging markets as a way of inducing investment.
Roles of Exogenous Technologies in Vehicle Innovation: Cases from a Japan’s Automotive Parts Manufacturing Firm
(Chitkara University Publications, 2017-04) Masahiro Nakagawa; Chihiro Watanabe
This 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.
Significance of Supplier Selection Criteria Evolvement in IT Outsourcing to Emerging Economies – Lessons from a Global IT Outsourcing Project
(Chitkara University Publications, 2015-10) Harri Hyvonen; Mikko Helminen; Chihiro Watanabe
In line with the increasing significance of the acceleration of information technology (IT) advancement and also of harnessing the vigor of emerging economies, IT outsourcing to emerging economies has become global concerns. This enables global companies to enjoy a critical competitive edge by choosing the best option in outsourcing strategy and supplier selection. Consequently, supplier selection criteria have become critical issues for both suppliers and customers. This paper attempts to provide insightful suggestions to these issues. An empirical analysis was conducted taking supplier selection criteria evolvement in global IT outsourcing project focusing on action research in a multinational company. Noteworthy findings include impacts of manager’s change, identification of creative moment and weighting of supplier selection criteria.
Strategic Option of ICT Driven Development Trajectory in Myanmar
(Chitkara University Publications, 2014-10) Khin Sandar; Chihiro Watanabe
While Myanmar shared one of the richest lands in South Asia with affluent natural resources and qualified human resources, it has suffered long-lasting economic stagnation since 1962. However, conspicuous economic growth, after the take off-strategy 1997 (1999-2007), was highest among 10 member countries of ASEAN, China and India, and has demonstrated their potential ability to transform their constraints into a springboard for innovation. This reminds us of Information CommunicationTechnology (ICT) driven development trajectory demonstrated by the world ICT top leaders, Finland and Singapore. Both transformed their indigenous constraints into India, and has springboard for ICT advancement and prompts us a hypothetical view that such a trajectory could be a promising strategic option for Myanmar in awaking its latent competitive power. This paper presents an empirical analysis consideringICT driven developing trajectory in 146 countries. The analysis involved four major steps. Firstly, Myanmar’s possible development trajectory was estimated, based on innovation diffusion theory, by identifying its current position in the global ICT versus per capita income development trajectory. Secondly, Myanmar’s current position in the global ICT driven economic development trajectory was identified based on the theories of timing of emergence of functionality development and CHASM (deep trench compelling new ventures start-up). Thirdly, given Myanmar’s position in anticipating support from ICT advanced countries for its ICT advancement, effects of support were analyzed by decomposing the governing factors to ICT advancement. In addition, Myanmar’s institutional identity supportive to effective utilization of ICTsupport was analyzed. Fourthly, based on the foregoing analyses together with the analysis of the similarity and disparity between world ICT top leaders, Finland and Singapore, possible scenarios for Myanmar’s ICT driven development trajectories, growth-oriented or welfare and happiness seeking were compared.
Structural Source of the Trap of ICT Advancement – Lessons from World ICT Top Leaders
(Chitkara University Publications, 2014-10) Chihiro Watanabe; Kasheef Naveed; Weilin Zhao
In light of the significant consequence of the trap of dramatic advancement of information and communication technology (ICT) in the global economy, both nations and firms that have been compelling their productivity decline. This resulted in great stagnation of ICT advanced economies and therefore its structural sources were analyzed. Based on an empirical analysis tracing, the trend in marginal productivity of ICT and its subsequent prices among the top ICT leaders in the world over the last two decades correlating with the effects of ICT, two faces of ICT advancement were identified. On one side, advancement of ICT contributes to its prices increase by new functionality development, its dramatic advancement particularly centered by internet results in the decline of its prices through freebies, easy copying, and standardization. It was demonstrated that the success of ICT leaders could largely be attributed to the way in which the two faces of ICT advancement were managed by maximizing the positive face of ICT advancement. This is done by means of the effective utilization of external resources in innovation while minimizing the negative face by outsourcing price decreasing factors. All of the aforementioned points can be invaluable lessons for global sustainability in both ICT advanced and growing economies in the midst of the advancement of ICT. The significance of innovation-consumption co-emergence for harnessing the vigor of counterparts is discussed.
Technology Leapfrogging: Findings from Singapore’s Water Industry
(Chitkara University Publications, 2010-10) Michele Y.C. Chew; Chihiro Watanabe; Yuji Tou
This paper illustrates Singapore’s strategy in catching up with global water treatment nations. Water is an important economic resource for Singapore, creating value-added jobs and stimulating research and development in various related technology trajectories. The analysis shows that from a nation lacking in competence in the water industry, Singapore has successfully transformed herself into a global hydrohub, exporting indigenous capabilities and offering consultancy for water projects. With long-term government policies and funding support for initial R&D and subsequent industry R&D inducement by means of the introduction of Public-Private Partnership (PPP) programme, Singapore has been able to build up her competence in waste water treatment. This is probably the first paper that analyses the development of the water industry in Singapore from the management of technology and policy perspectives.
Transformation of the Forest-based Bioeconomy by Embracing Digital Solutions
(Chitkara University Publications, 2017-10) Chihiro Watanabe; Nasir Naveed; Kashif Naveed; Pekka Neittaanmäki
This paper attempts to explore a new insight to both industrialized and growing economies by demonstrating a digital-driven creative disruption in the forest-based bioeconomy which is beginning to replace its conventional and narrow concept of a forest-blinded economy. Notwithstanding the potential broad cross-sectoral benefits to both industrialized and growing economies, natural environments and locality constraints and the incessant challenge of distance have impeded balanced development of this economy. However, driven by digital solutions the economy has taken big steps forward in recent years. Digitalization has enabled real-time end-to-end supply chain visibility, improved delivery accuracy, stock level optimization and alignment with demand planning. These have led to digital ecosystem collaboration and a transparency crossover industrialized and growing economies worldwide. Thus, creative disruptive platform has emerged by embracing digital solutions. By means of an empirical analysis focusing on the noteworthy business activities at the forefront of both upstream and downstream of the chain, this paper demonstrates a transforming stream observed in the forefront of a forest-based bioeconomy chain. This research thus explores a new insight common to both industrialized and growing economies in constructing a creative disruption platform by embracing digital solutions.
Vibrant Eco-system Creation for Sustainability: A Lesson from Singapore’s Water Industry
(Chitkara University Publications, 2011-04) Michele Y.C. Chew; Chihiro Watanabe; Yuji Tou
Through a stepwise national strategy of importing technology, building indigenous capabilities through learning and assimilating imported technology to exporting the indigenous capabilities, Singapore has successfully caught up with the nations that are advanced in the technologies related to water treatment. From the macro-numerical phenomenon observed, this paper aims to provide both qualitative and quantitative evidences of this co-evolutionary dynamism between innovation and institutional systems. Realising the issue as a comprehensive technology chain and its substitution for traditional resources, sophisticated combination of government stimulation and industry participation leading to a Global Hydrohub has induced world leading-edge innovation involvement. Such a vibrant eco-system aiming at overcoming the constraints for sustainable growth can be applied not only to water management but also to energy and climate change issues. Policy makers in emerging economies can adapt the successful practices and note the pitfalls in establishing the vibrant eco-system that is essential for sustainable environmental solutions for their economies.

Browsing by Author "Chihiro Watanabe"

Results Per Page

Sort Options