Yusuf, ShahidNabeshima, Kaoru2012-06-192012-06-192005-11https://hdl.handle.net/10986/8478This paper explores various strategic options available to Japanese firms faced with the increasing market pressures in the global economy. Whether Japanese firms are able to retain the competitive edge will depend on the continuing gains in their manufacturing capability, their capacity to exploit and adapt to changing market circumstances, and innovativeness at many levels. The authors discuss six main developments that are changing the industrial landscape in Japan and in this context, they explore the nature of the responses required of firms and examine some implications of the measures adopted for the Japanese economy as a whole.CC BY 3.0 IGOACADEMIC COMMUNITYACADEMIC EXCELLENCEACADEMIC RESEARCHADVANCED DEGREESAPPLIANCESAPPLIED RESEARCHAUTOMOTIVEBIBIOTECHNOLOGYBUSINESS COMMUNITYBUSINESS ENTERPRISESBUSINESS INTELLIGENCEBUSINESS MODELSCHEMISTRYCIRCULATION OF KNOWLEDGECOLLABORATIONCOMPANYCOMPETITORSCOMPONENTSCONSULTING SERVICESCONSUMER ELECTRONICSCONSUMER GOODSCORPORATIONSCROSS-FERTILIZATIONDEVICESDIGITAL TECHNOLOGIESDIVERSIFICATIONECONOMICSELECTRICAL EQUIPMENTELECTRONIC EQUIPMENTELECTRONICSELECTRONICS INDUSTRYEMPLOYMENTENERGY SOURCESENGINEERINGENGINEERSENTERTAINMENTENTREPRENEURSENTRY BARRIERSEQUIPMENTEXPANSIONEXPENDITURESFACULTIESFIRMSFOOD PROCESSINGFOREIGN DIRECT INVESTMENTFOREIGN MARKETSFOREIGN RESEARCHERSFOREIGN STUDENTSGENETICSGLOBAL MARKETSINNOVATIONSINTEGRATIONINTERNATIONAL MARKETSJOB OPPORTUNITIESKEY INDUSTRIESKNOWLEDGE WORKERSLABOR FORCELEARNINGLEVELS OF EDUCATIONLICENSINGLIFE SCIENCESMANUFACTURERSMARKETINGMEDICAL SERVICESMERGERSNATIONAL UNIVERSITIESNETWORKINGNETWORKSNEW TECHNOLOGIESOUTSOURCINGPAPERSPDASPHONESPHYSICSPROGRAMSR&DRESEARCH CAPACITYRESEARCH CENTERSRESEARCH COMMUNITIESRESEARCH ENVIRONMENTRESEARCH INSTITUTESRESEARCH PARTNERSHIPSRESEARCH POTENTIALROBOTICSROBOTSSCHOLARSHIPSSCIENTIFIC ADVANCESSCIENTIFIC COMMUNITIESSCIENTIFIC FIELDSSCIENTIFIC RESEARCHSCIENTISTSSOCIAL SCIENCESSUPPLIERSSUPPLY CHAINSTEACHINGTELECOMMUNICATIONTELECOMMUNICATION EQUIPMENTTELECOMMUNICATIONSTELECOMMUNICATIONS EQUIPMENTTERTIARY LEVELTEXTILESUNDERGRADUATESUNIVERSITIESUNIVERSITY DEPARTMENTSUNIVERSITY RESEARCHVENTURE CAPITALWORKERSJapan's Changing Industrial LandscapeWorld Bank10.1596/1813-9450-3758