Japan was widely perceived as a prime example of a successful industrial policy during the post-war period of high growth. It seemed to be a powerful alternative to the free-market thinking of Reagan and Thatcher. But the myth of the ‘almighty MITI’ – the Ministry of International Trade and Industry – faded in the 1990s when Japan had to rapidly adapt to the challenges of globalization and digitalization. MITI’s industrial policy proved to be largely ineffective as the most protected industries lost global competitiveness and the focus of industrial policy shifted from ‘picking winners’ – companies and sectors – to a cross-sectoral approach focused on nurturing innovation and financing through government banks and public-private funds.
The seminar will examine the background, the current situation and look at Japan’s future industrial policy in a global context, based on a qualitative and quantitative analysis of policy instruments and sectors.
Dr. Stefan Lippert is a Professor in International Business at Temple University, Japan Campus, where he teaches corporate strategy and organization. He has held academic positions in Japan and abroad, including Nagoya University of Commerce and Business, Hitotsubashi University, University of Tsukuba, and Harvard University.
Stefan’s research interests include the internationalization of Japanese and Asian firms, especially the “Hidden Champions”, and the effectiveness of government intervention. In his consulting work, he advises Japanese and international companies primarily on strategy, organizational transformation and cross-border M&A. He was the Managing Partner Japan of Simon-Kucher & Partners, a global strategy & marketing consultancy. Prior to that, Stefan worked with McKinsey& Company.
Date and Time: Thursday, September 18, 2014
6.30 p.m. – 7.00 p.m. Drink & Snack (served before lecture)
7.00 p.m. – 9.00 p.m. Lecture and Discussion
Place: Alfred Nobel Auditorium, Embassy of Sweden
10-3-400 Roppongi 1-chome, Minato-ku, Tokyo 106-0032
Five-minute walk from Tokyo Metro Nanboku Line Roppongi 1-chome Station, Five-minute walk from Tokyo Metro Hibiya Line Kamiya-cho Station.
Fee: JPY 3,000 per person, payable at the door
Free for those who are from sponsoring companies (*)
Free for students, please bring your student ID
(*) EIJS Academy 2013-2014 Sponsoring companies
Gadelius Holding Ltd., Sandvik K.K., Höganäs Japan K.K. and in cooperation with the Embassy of Sweden
Please sign up by September 12 (Friday) via e-mail to firstname.lastname@example.org for the attention of Ms. Futagawa (EIJS Tokyo Office).