Hiroshi Mikitani, Ryoichi Mikitani

The Power to Compete (eBook, ePUB)

An Economist and an Entrepreneur on Revitalizing Japan in the Global Economy

• Format: ePub

Produktbeschreibung

"If you're as interested in Japan as I am, I think you'll find that The Power to Compete is a smart and thought-provoking look at the future of a fascinating country." - Bill Gates, "5 Books to Read This Summer" Father and son - entrepreneur and economist - search for Japan's economic cure The Power to Compete tackles the issues central to the prosperity of Japan - and the world - in search of a cure for the "Japan Disease." As founder and CEO of Rakuten, one of the world's largest Internet companies, author Hiroshi Mikitani brings an entrepreneur's perspective to bear on the country's economic stagnation. Through a freewheeling and candid conversation with his economist father, Ryoichi Mikitani, the two examine the issues facing Japan, and explore possible roadmaps to revitalization. How can Japan overhaul its economy, education system, immigration, public infrastructure, and hold its own with China? Their ideas include applying business techniques like Key Performance Indicators to fix the economy, using information technology to cut government bureaucracy, and increasing the number of foreign firms with a head office in Japan. Readers gain rare insight into Japan's future, from both academic and practical perspectives on the inside. Mikitani argues that Japan's tendency to shun international frameworks and hide from global realities is the root of the problem, while Mikitani Sr.'s background as an international economist puts the issue in perspective for a well-rounded look at today's Japan. * Examine the causes of Japan's endless economic stagnation * Discover the current efforts underway to enhance Japan's competitiveness * Learn how free market "Abenomics" affected Japan's economy long-term * See Japan's issues from the perspective of an entrepreneur and an economist Japan's malaise is seated in a number of economic, business, political, and cultural issues, and this book doesn't shy away from hot topics. More than a discussion of economics, this book is a conversation between father and son as they work through opposing perspectives to help their country find The Power to Compete.

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Produktdetails

• Verlag: John Wiley & Sons
• Seitenzahl: 240
• Erscheinungstermin: 20. Oktober 2014
• Englisch
• ISBN-13: 9781119001157
• Artikelnr.: 41740232

Autorenporträt

HIROSHI MIKITANI is the founder, chairman, and CEO of Rakuten, Inc., one of the world's largest Internet companies. The firm has operations in 28 countries and customers all over the world. RYOICHI MIKITANI was a leading Japanese economist who worked and studied at Harvard, Stanford, Yale, and Kobe University and made important contributions in his work with the Japan Society for Monetary Economics. Ryoichi was also a prolific and respected author.

Inhaltsangabe

Introduction Japan Again ix Chapter 1 The Power to Innovate 1 Japan Again 1
The Keys to Revitalizing Japan 4 Keidanren's Raison D'etre 7 The Nature of
Innovation 11 Schumpeter's Contribution 15 Building Infrastructure 19
Business Innovation 23 Summary 27 Chapter 2 The Power to Operate 29
Workforce Fluidity 29 Privatization 33 Lifetime Employment 37 Escaping
Lifetime Employment 40 Immigration Problems 43 Why English Needs to Be a
Common Language in Japan 45 Growing the Population 50 Summary 53 Chapter 3
The Power in Questioning Abenomics 55 History of Abenomics 55 Independence
in Finance 59 The Optimal Inflation Rate 62 Halting the Rise of Interest
Rates 65 What to Do About Our 1-Quadrillion-Yen Debt 67 The Pros and Cons
of Abenomics 70 Summary 75 Chapter 4 The Power of the Low-Cost State 77 The
High Cost of Governance 77 How to Reform the High-Cost Structure 83
Addressing the Japanese Disease 87 The United States and Individualism 92
The Impotent Bureaucracy 95 Internationalizing the Bureaucracy 99 Creating
Think Tanks 103 Political Appointees 106 What It Will Take to Improve the
Bureaucracy 109 Summary 111 Chapter 5 The Power to Succeed Overseas 113 The
Decline in the Number of Students Studying Abroad 113 Escaping from the
Galapagos Effect 118 The Future of Journalism 121 Media in the Internet Era
125 The Importance of Liberal Arts 131 Ryoichi Mikitani's Experiences
Abroad 134 Summary 137 Chapter 6 The Power to Educate 139 Uniform Japanese
Education 139 The Education of the Mikitani Family 141 What the Education
System Needs 146 Higher Education 151 What People Study in University 154
The Founding of Rakuten 157 The Evaluation System for Teachers 160 The Need
for Strategy in the Japanese Education System 162 Summary 168 Chapter 7 The
Power to Build Brand Japan 169 Brand Power 169 The Demonstration Effect 174
Brand Value at the National Level 178 Foreign Nationals Working in Japan
183 Making Japan Attractive to Foreign Nationals 186 Japan and the
Trans-Pacific Partnership 189 Summary 195 Conclusion What Is the Power to
Compete? 197 Japan Uniquely Incorporates and Interprets Cultures 197
Competitiveness as a Platform 200 The Global Logistics Revolution 202
Summary 205 Epilogue 207 Acknowledgments 211 Index 213