Government Policies

Hiroyuki Odagiri

in Growth through Competition, Competition through Growth

Published in print May 1994 | ISBN: 9780198288732
Published online November 2003 | e-ISBN: 9780191596711 | DOI:
 Government Policies

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In this chapter, we review three micro policies in post‐war Japan. First, we discuss the drastic antitrust measures taken after the war and the antimonopoly policy (competition policy) in operation since then. Second, we give a brief historical outline of industrial policy from the post‐war period to the present day to show the enormous changes that the policy has undergone. And third, we discuss those aspects dealing with industrial innovation, with an emphasis on the use of research associations as a policy tool. As an example of a target industry for industrial and technology policies, the computer industry is discussed in detail. We conclude that the general picture that emerges is one of basic reliance on the market mechanism modified, if necessary, by the use of informal means of guidance and information dissemination.

Keywords: antimonopoly; antitrust; association; competition; computer; industry; innovation; policy; research; technology

Chapter.  11139 words.  Illustrated.

Subjects: Business and Management

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