Abstract
In the previous chapter we documented the relative lack of FDI out-flow investments of Japanese MNCs and discussed how this kept them from moving fully into the regional stage of development. As we saw, it is pretty difficult to jump into the global stage of development without a regional stopover. In this chapter we will deal in detail with two factors that inhibited the transition of Japanese MNCs out of the export stage and into the regional and global stages. The two factors are the early performance of Japanese companies abroad and the ability of Japanese executives to tolerate risk.
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Notes
Simon, Herbert Alexander, Administrative Behavior: A Study of Decision-making Processes in Administrative Organizations. New York: Free Press, 1997.
Hofstede, Geert, Cultures and Organizations. New York: McGraw-Hill, 1991.
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© 2010 J. Stewart Black & Allen J. Morrison
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Black, J.S., Morrison, A.J. (2010). Curve Ball. In: Sunset in the Land of the Rising Sun. INSEAD Business Press Series. Palgrave Macmillan, London. https://doi.org/10.1057/9780230277588_5
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DOI: https://doi.org/10.1057/9780230277588_5
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-32184-1
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