Faithin Omaha eBook Collection

Download or read book Technological Innovation and Economic Development in Modern Japan written by Guan Quan and published by Routledge. This book was released on 2020-11-29 with total page 261 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the first volume of the two-volume Industrial Development in Modern China: Comparisons with Japan that studies the different paths of industrialization and economic modernization between China and Japan, this book analyzes the relationship between technological innovation and economic development in Japan before World War II. The author deploys econometric analysis, multivariate statistical analysis and case studies from different industries to shed light on technological innovation in the Japanese context with particular emphasis on the importance of the patent system. A great deal of new inventions and patents in this period led to fast economic growth in Japan characterized by the simultaneous development of both traditional and modern industries. These insights help reshape the understanding of Japan's economic development and industrial advancement at an early stage and provide pointers to developing countries as to how human capital, social capabilities and thereby technological innovation can figure in economic growth. This volume will appeal to academics of the East Asian economy, development economics and modern economic history as well as general readers interested in the miracle of the Japanese economy as the first to achieve economic development and modernization among non-Western countries.