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The relationship of industry evolution to patterns of technological linkages, joint ventures, and direct investment between the U.S. and Japan
The patterns of technological linkages, joint ventures, and direct investment between U.S. and Japan were predicted for emerging, growing, maturing, and declining industries based on an analysis of the key characteristics of each stage of industry evolution and the costs and benefits of each form of resource investment. A first model predicting peak activity for technological linkages in emerging industries, joint ventures in growing industries, and direct investment in maturing industries was supported as was a second model which customized prediction for all forms at each stage of evolution. Implications and suggestions for future research are discussed.
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WP_035.pdf application/pdf 1.78 MB Download File
More About This Work
- Academic Units
- Center on Japanese Economy and Business
- Publisher
- Center on Japanese Economy and Business, Graduate School of Business, Columbia University
- Series
- Center on Japanese Economy and Business Working Papers, 35
- Published Here
- February 7, 2011