Japanese Competitiveness and Japanese Management
SHIGEO MINABE 1
1 Department of Economics, Hiroshima University, Higashisenda, Naka-ku, Hiroshima 730, Japan, and a research associate at the Center for Japanese Studies, University of California, Berkeley, CA 94720.
Japanese-style management and industrial policy are shown to serve as a source of industrial dynamism and are used as a way to illminate what is wrong with the American system. Japanese labor practicesspecifically extra hours of unpaid workare seen as a form of insurance fee that the worker pays in exchange for job security.