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Water, Water Everywhere, But Not A Drop To Drink

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Abstract

Having a large and homogeneous population seems to have facilitated Japan’s rise throughout the 1960s, 1970s, 1980s, and into the 1990s. It created a cohesive workforce that increased both the production and quality of products that enabled success at home and exports abroad. However, as Japanese firms tried to move from a domestic plus export oriented business platform toward regional and global platforms, the homogeneous workforce of Japan and lack of experience with foreigners relative to other major economic powers such as the United States, Germany, France, and the United Kingdom turned a former advantage into a disadvantage.

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Notes

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© 2010 J. Stewart Black & Allen J. Morrison

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Black, J.S., Morrison, A.J. (2010). Water, Water Everywhere, But Not A Drop To Drink. In: Sunset in the Land of the Rising Sun. INSEAD Business Press Series. Palgrave Macmillan, London. https://doi.org/10.1057/9780230277588_7

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