MFJ-RIETI-WASEDA International Conference

Organization and Performance: Understanding the Diversity of Firms (Handouts)

Information

  • Time and Date: 9:10-17:35, November 14; 9:30-17:25, November 15, 2008 (Time: to be confirmed)
    Please note that this symposium is divided into two parts.
    OPEN SESSION (KEYNOTE SPEAKER SESSION & ROUNDTABLE)
    Afternoon on Nov 14
    For the general public
    Language: Japanese/English (with simultaneous interpretation)
    Charge: ¥2,000 (an official receipt will be issued)
    (Students ¥1,000; please present your student ID at the reception desk.)
    Seating capacity: approximately 150
    Organized by the Research Institute of Economy, Trade and Industry (RIETI) and Maison Franco-Japonaise (MFJ)
    Supported by Waseda University (Global COE Program: Waseda Institute for Corporation Law and Society and Waseda Institute for Advanced Study [WIAS] ) and the French Embassy
    SEMI-OPEN SESSION (INVITED SPEAKERS SESSION & RESEARCH SESSIONS)
    *Due to limited seating, registration is closed for this session.
    Morning on Nov 14; and Nov 15
    For researchers only
    Language: English (without simultaneous interpretation)
    Charge: Free
    Seating capacity: approximately 40
    Organized by the Research Institute of Economy, Trade and Industry (RIETI), Maison Franco-Japonaise (MFJ) and Waseda University (Global COE Program: Waseda Institute for Corporation Law and Society and Waseda Institute for Advanced Study [WIAS] )
    Supported by the French Embassy
  • Venue: Maison Franco-Japonaise
    3-9-25, Ebisu, Shibuya-ku, Tokyo 150-0013, Japan
    Tel: +81-3-5421-7641 Fax : +81-3-5421-7651
    * The office is open from 9h30 to 18h, from Monday to Friday
  • Handouts Friday, 14 November, 2008
    DAY1, MORNING: Room 601 (MFJ, 6F)

    Opening Remarks

    Marc HUMBERT (Director of the French Institute of Research Abroad in Tokyo UMIFRE 19 CNRS-MAE)

    Welcome Address

    Louis-Michel MORRIS (Head, Economic Section, French Embassy in Japan)

    INVITED SPEAKERS SESSION (SEMI OPEN SESSION)

    Chairperson: MIYAJIMA Hideaki (Faculty Fellow, RIETI / Professor, Graduate School of Commerce, Waseda University / Vice Director, Waseda University Global COE Program: Waseda Institute for Corporation Law and Society / Associate Diretcor, Waseda Institute for Advanced Study [WIAS])

    "The Organization of Firms across Countries"

    John VAN REENEN (Director of Centre for Economic Performance and Professor of Economics, London School of Economics)

    Discussant: MOTOHASHI Kazuyuki (Faculty Fellow, RIETI / Professor and Department Chair, Department of Technology Management for Innovation (TMI) School of Engineering, the University of Tokyo)

    "On the Ubiquitous Heterogeneity in Corporate Characteristics and Performances: A Bird's Eye Assessment of the Evidence and Some Interpretative Conjecture"

    Giovanni DOSI (Professor of Economics, Laboratory of Economics and Management, Sant'Anna School of Advanced Studies / Visiting Professor, University of Manchester)

    Discussant: Sébastien LECHEVALIER (Associate Professor, l'École des Hautes Études en Sciences Sociales - Centre Japon)

    "Searching for the Sources of Productivity: From Macro to Micro (and Back)"

    Eric J. BARTELSMAN (Professor, Faculty of Economic Sciences, Business Administration and Econometrics, Free University [Vrije Universiteit], Amsterdam)

    Discussant: FUKAO Kyoji (Faculty Fellow, RIETI / Professor, Institute of Economic Research, Hitotsubashi University)

    Handouts DAY 1, AFTERNOON: HALL (MFJ, 1F)

    Opening Remarks of the Afternoon Session

    FUJITA Masahisa's photo

    FUJITA Masahisa (President and Chief Research Officer, RIETI / Professor, Konan University / Adjunct Professor, Institute of Economic Research, Kyoto University)

    Bio

    Professor Fujita served as Professor of the Institute of Economic Research at Kyoto University; President of the Institute of Developing Economies - JETRO (2003-07); and Professor in the Department of Economics/Regional Science at the University of Pennsylvania. His research and teaching interests are urban economics, regional economics, international trade, and spatial economics. He holds a Ph.D. in Regional Science from the University of Pennsylvania. His major works include The Spatial Economy: Cities, Regions, and International Trade (with P. Krugman and A.J. Venables), MIT Press, 1999; Economics of Agglomeration: Cities, Industrial Location, and Regional Growth (with J. Thisse), Cambridge University Press, 2002; Spatial Economics, vol. 1, 2 (editor), The International Library of Critical Writings in Economics, Edward Elgar Publishing, Inc., 2005; Regional Integration in East Asia: From the Viewpoint of Spatial Economics (editor), Macmillan, 2007.
    Profile

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    KEYNOTE SPEAKER SESSION (OPEN SESSION)

    Chairperson

    ODAGIRI Hiroyuki's photo

    ODAGIRI Hiroyuki (Professor, Department of Economics, Hitotsubashi University)

    Bio

    Hiroyuki Odagiri studied at Kyoto University (B.A.), Osaka University (M.A.), Northwestern University (Ph.D.), and since 1998 has been teaching in the Department of Economics at Hitotsubashi University. He previously taught at Oberlin College and the University of Tsukuba. He also has ample research experience abroad, having served as a Senior Research Fellow at the International Institute of Management (IIM) of Science Centre Berlin (1982-83) and at the Centre for Business Strategy of London Business School (1988-90). During 2001-04, he directed research at the National Institute of Science and Technology Policy (NISTEP), a research institute of Japan's Ministry of Education, Culture, Sports, Science and Technology; and since April 2008 he has been the Director of Competition Policy Research Center, Japan Fair Trade Commission. His fields of specialization are the theory of the firm, industrial organization, and economic studies of innovation. His major works include The Theory of Growth in a Corporate Economy, Cambridge University Press, 1981; Growth through Competition, Competition through Growth, Oxford University Press, 1992; Technology and Industrial Development in Japan (with A. Goto), Oxford University Press, 1996.

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    "Why Do Firms Differ and How Does it Matter: A Revisitation"

    Richard R. NELSON's photo

    Richard R. NELSON (George Blumenthal Professor of International and Public Affairs, Business and Law, Emeritus, Columbia University / Director, Center for Science Technology and Global Development, The Earth Institute at Columbia University)

    Bio

    Dr. Nelson is the George Blumenthal Professor of International and Public Affairs, Business, and Law, Emeritus, at Columbia University; and the Director of the Program on Science Technology, and Global Development at the Columbia Earth Institute. He also is Visiting Professor at the University of Manchester. His research has concentrated on the processes of long-run economic change, with particular emphasis on technological advances and on the evolution of economic institutions. Some of his publications include Technology, Institutions, and Economic Growth, Harvard, 2005; The Sources of Economic Growth , Harvard, 2000, The Sources of Industrial Leadership , Cambridge, 1999, National Innovation Systems: A Comparative Analysis, Oxford, 1993; An Evolutionary Theory of Economic Change , Harvard, 1985 (reprint); and many others. Dr. Nelson holds a B.A. from Oberlin College. He obtained his Ph.D. in 1956 from Yale University. From 1956-57 he was an Assistant Professor at Oberlin College, and from 1968-86 he was a Professor at Yale University. He has also served as an Economist at the Rand Corporation (1957-60, 1963-68) and as a Senior Member at the Council of Economic Advisers (1961-63). From 1981-1986 he served as the Director of the Institution for Social and Policy Studies.

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    ROUNDTABLE: Organization and Performance: Understanding the Diversity of Firms (OPEN SESSION)

    Chairpersons

    Sébastien LECHEVALIER's photo

    Sébastien LECHEVALIER (Associate Professor, l'École des Hautes Études en Sciences Sociales - Centre Japon)

    Bio

    Before assuming his current post at École des Hautes Études en Sciences Sociales (EHESS, Paris) in September 2008, where he teaches about the Japanese economy, Dr. Lechevalier has been a researcher at Maison Franco-Japonaise (2005-'08) and lecturer at Sciences Po (School of Political Science, Paris), ENSAE (National School of Statistics, Paris). He has also been a visiting researcher at Hitotsubashi University (Institute of Economic Research) and The University of Tokyo (Faculty of Economics). He received his Ph.D. in Economics from EHESS in 2003. His research areas include the Japanese economy, industrial economics, and labor economics. His majors works include "The Diversity of Capitalism and Heterogeneity of Firms - A Case Study of Japan during the Lost Decade," Evolutionary and Institutional Economic Review , 2007; "The Heterogeneity of Employment Adjustment Across Japanese firms; A Study Using Panel Data" (with C. Hurlin), CEPREMAP.

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    MIYAJIMA Hideaki's photo

    MIYAJIMA Hideaki (Faculty Fellow, RIETI / Professor, Graduate School of Commerce, Waseda University / Vice Director, Waseda University Global COE Program: Waseda Institute for Corporation Law and Society / Associate Diretcor, Waseda Institute for Advanced Study [WIAS])

    Bio

    After serving as Research Associate at the Institute of Social Science, University of Tokyo, Professor Miyajima joined Waseda University's School of Commerce in 1987. He has also served at the Reischauer Institute for Japanese Studies, Harvard University, as a Visiting Researcher (1992-94 and 2004-present). He is a Faculty Fellow at RIETI (2002-present), Special Research Fellow at the Policy Research Institute of Japan's Ministry of Finance (2001-present), Adjunct Professor at Chung-Ang University (2001-present), and was a Vice Director of the Waseda Institute of Finance (2004-08). His research focuses on the Japanese economy, economic history of Japan, corporate finance, and corporate governance. He holds a Ph.D. in Commerce from Waseda University. His major works include Corporate Governance in Japan: Institutional Change and Organizational Diversity (with Masahiko Aoki and Gregory Jackson), Oxford University Press, 2007; Changes and Continuity in Japan (with S. Maswood and D. Graham), Routledge Curzon Press, 2002.
    Profile

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    Discussants

    Eric J. BARTELSMAN's photo

    Eric J. BARTELSMAN (Professor, Faculty of Economic Sciences, Business Administration and Econometrics, Free University [Vrije Universiteit], Amsterdam)

    Bio

    Eric Bartelsman is Professor of Economics at the Vrije Universiteit Amsterdam. He studied economics at the Massachusetts Institute of Technology and received his Ph.D. from Columbia University. He previously has served as Economist at the Federal Reserve Board in Washington DC, as Advisor to CPB, as Head of Economic Research at the Ministry of Economic Affairs, as director of ESI-VU, and as Member of the Netherlands Council of Economic Advisors (REA). His research interests focus on the sources of productivity growth, both from a micro and macro perspective, and have led to publications in top-level journals. Professor Bartelsman is a Research Fellow of the Tinbergen Institute and of IZA-Bonn.

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    Giovanni DOSI's photo

    Giovanni DOSI (Professor of Economics, Laboratory of Economics and Management, Sant'Anna School of Advanced Studies / Visiting Professor, University of Manchester)

    Bio

    Dr. Giovanni Dosi is a Professor of Economics at the Sant'Anna School of Advanced Studies in Pisa, where he also coordinates the Laboratory of Economics and Management (LEM) and the International Doctoral Program in Economics, and visiting Professor at the University of Manchester (UK). His major research areas include economics of innovation and technological change, industrial organization and industrial dynamics, theory of the firm and corporate governance, economic growth and development. He is Co-Director of the task forces "Industrial Policy," and "Intellectual Property Rights" within the Initiative for Policy Dialogue, founded and chaired by Professor Joseph Stiglitz, at Columbia University (New York); and an Editor for Continental Europe of Industrial and Corporate Change . He is the author and editor of several works in the areas of economics of innovation, industrial economics, evolutionary theory, and organizational studies. A selection of his works has been published in Innovation, Organization and Economic Dynamics, Selected Essays Cheltenham, Edward Elgar, 2000.

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    FUKAO Kyoji's photo

    FUKAO Kyoji (Faculty Fellow, RIETI / Professor, Institute of Economic Research, Hitotsubashi University)

    Bio

    Professor Fukao teaches at Hitotsubashi University, and carries out research at RIETI as a Faculty Fellow. He has held teaching and research positions at numerous institutions including Bocconi University (Italy), the Institute for Monetary and Economic Studies of the Bank of Japan, Boston University, and Yale University. Professor Fukao obtained his M.A. in Economics from the University of Tokyo. His major works include Tainichi chokusetsu toshi to Nihon keizai [Foreign direct investment and the Japanese economy] (with Tomofumi Amano), Nikkei Shimbun-sha, Tokyo, 2004 (in Japanese); "Why Did Japan's TFP Growth Slow Down in the Lost Decade? An Empirical Analysis Based on Firm-Level Data of Manufacturing Firms" (with Hyeog Ug Kwon), The Japanese Economic Review , vol. 57, no. 2, pp. 195-228, June 2006; Foreign Direct Investment in Japan: Multinationals' Role in Growth and Globalization (with Ralph Paprzycki), Cambridge University Press, 2008.
    Profile

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    MOTOHASHI Kazuyuki's photo

    MOTOHASHI Kazuyuki (Faculty Fellow, RIETI / Professor and Department Chair, Department of Technology Management for Innovation (TMI) School of Engineering, the University of Tokyo)

    Bio

    Professor Motohashi has served in various positions at METI, including Head of the Public Affairs Office of the Trade Policy Bureau at METI, Deputy Director of the Planning Division of the SME Agency, and Economist of the Directorate for Science, Technology and Industry at OECD (1995-98). Professor Motohashi received his Ph.D. in Business and Commerce from Keio University and MBA from Cornell University. He has authored several publications on innovation research that can be found in books such as Productivity in Asia: Economic Growth and Competitiveness, Edward Elgar, 2007; and academic journals including Research Policy , Economics of Innovation and New Technology ; and the Journal of Japanese and International Economies .
    Profile

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    Richard R. NELSON's photo

    Richard R. NELSON (George Blumenthal Professor of International and Public Affairs, Business and Law, Emeritus, Columbia University / Director, Center for Science Technology and Global Development, The Earth Institute at Columbia University)

    John VAN REENEN's photo

    John VAN REENEN (Director of Centre for Economic Performance and Professor of Economics, London School of Economics)

    Bio

    Before assuming his current post at the London School of Economics (LSE) in 2003, Dr. Van Reenen served as a Professor in the Department of Economics at University College London (1994-2003), Senior Advisor to Chief Economist of DG Competition (2003-06) at the European Commission, Partner of Lexecon Ltd. (2001-02), Senior Policy Analyst in the Strategic Unit at the Department of Health (2000-01), reporting directly to the Secretary of State and being involved with the writing and analysis underlying the NHS Plan, which lays out government health policy for the next 10 years. He was also a Policy Adviser to No.10 Downing Street 1999-2000. He obtained his Ph.D. in Economics from University College London in 1993, and his MSc (with distinction and prize) from LSE, and his BA in Social and Political Sciences (with Joshua King prize, College prize and Subject prizes for the highest grade in 10 years) from Queens College, University of Cambridge. His major works include "Measuring and Explaining Management practices across firms and nations" (with Nick Bloom), Quarterly Journal of Economics , 2007; "How special is the relationship: Using the impact of US R&D spillovers on British firms as a test of technology sourcing" (with Rupert Harrison and Rachel Griffith), American Economic Review, December 2006, 96(5), 1859-1875; "Skill biased organisational change? Evidence from British and French establishments" (with Eve Caroli), Quarterly Journal of Economics, 2001, CXVI, No. 4, 1449-1492.

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    Closing Remarks of the First Day

    Marc HUMBERT's photo

    Marc HUMBERT (Director of the French Institute of Research Abroad in Tokyo UMIFRE 19 CNRS-MAE)

    Bio

    Professor Humbert arrived at his current post of Director of the French Institute of Research Abroad in Tokyo UMIFRE 19 CNRS-MAE at MFJ in October 2008. He is also Professor of Economics, University of Rennes 1, France (1984-), where he is also Advisor at University of Rennes 1 presidency (1989-99) and on Sabbatical leave as Fellow of The Japan Foundation and also as Invited Research Fellow University of Tokyo (1999); He is also Vice President of PEKEA, a non profit organization building and running an international network for the project to establish collectively a political and ethical knowledge about economic activities. His research area includes technical change, innovation and globalization, with a recent focus on two points: a) the link between technology and culture within enterprises especially in Japan with international comparisons, b) the link between globalization and local cultures, especially through relationships between city and countryside, in relation on the one hand with SME's and local arrangements and on the other hand with direct sales of farm products in urban and peri-urban agriculture. He obtained his Ph.D.s in Economics and Business from the University of Rennes. His major works include "Un introuvable slogan mobilisateur," Entropia, n°5, Automne 2008, pp. 69-90; "Antagonisme et synergie sino-nippones: quelques observations," La Chine dans la mondialisation-Marchés et Stratégies, pp. 45-70 in Philippe Béraud et Sophie Changeur, dir., Maisonneuve Larose, Paris, 2006.

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    Handouts Saturday, 15 November, 2008
    DAY2: Room 601 (MFJ, 6F)

    RESEARCH SESSION 1: Heterogeneous Firms' Dynamics (SEMI OPEN SESSION)

    Chairperson: Giovanni DOSI (Professor of Economics, Laboratory of Economics and Management, Sant'Anna School of Advanced Studies / Visiting Professor, University of Manchester)

    "Catch Up, Convergence and the Business Cycle: Firm Level Evidence from Spain"

    Speaker: Rodolfo STUCCHI (Universidad Carlos III de Madrid)

    Discussant: KAWANISHI Takuya (RIETI / Waseda University)

    "Productivity, Profitability and Growth: An Empirical Analysis of Firm Dynamics"

    Speaker: Angelo SECCHI (LEM-Scuola Superiore Sant'Anna)

    Discussant: MIYAGAWA Tsutomu (Faculty Fellow, RIETI / Gakushuin University)

    RESEARCH SESSION 2: Firms' Performance and Liberalization (SEMI OPEN SESSION)

    Chairperson: Hak K. PYO (Professor, Department of Economics, Seoul National University)

    "The Better You Are The Stronger It Makes You: Evidence of the Asymmetric Impact of Liberalization"

    Speaker: Leonardo IACOVONE (University of Sussex and The World Bank)

    Discussant: NAGANO Mamoru (Professor, Nagoya City University)

    "Endogenous Markups, Firm Productivity and International trade: A Test of the Melitz-Ottaviano Model"

    Speaker: Frederic WARZYNSKI (Aarhus School of Business)

    Discussant: ICHIDA Toshihiro (Waseda University)

    RESEARCH SESSION 3: Determinants of Firms' Performance (1): Strategy and Performance (SEMI OPEN SESSION)

    Chairperson: John VAN REENEN (Director of Centre for Economic Performance and Professor of Economics, London School of Economics)

    "Business Strategy and Firm Reorganization under Changing Market Conditions: An Observation-Based Analysis of Firms in the International Pulp and Paper Industry"

    Speaker: Vivek GHOSAL (Georgia Institute of Technology)

    Discussant: SAITO Takuji (Kyoto Sangyo University)

    "The Evolution of Productivity Dispersion of Firms - A Reevaluation of its Determinants in the Case of Japan"

    Speaker: ITO Keiko (Senshu University)

    Discussant: Eric J. BARTELSMAN (Free University [Vrije Universiteit], Amsterdam)

    RESEARCH SESSION 4: Determinants of Firms' Performance (2): Organization and Performance (SEMI OPEN SESSION)

    Chairperson: Eric J. BARTELSMAN (Professor, Faculty of Economic Sciences, Business Administration and Econometrics, Free University [Vrije Universiteit], Amsterdam)

    "The Diversity of Personnel Practices and Firm Performance"

    Speaker: Pedro S. MARTINS (Queen Mary, University of London / CEG-IST / IZA)

    Discussant: KUBO Katsuyuki (Waseda University)

    "Long Term Evolution of the Costs and Benefits of Business Groups: Korean Chaebols Between Weak Premium, Strong Discount and Strong Premium"

    Speaker: Keun LEE (Seoul National University)

    Co-author: Jiyoun KIM (Seoul National University)

    Discussant: John VAN REENEN (Director of Centre for Economic Performance and Professor of Economics, London School of Economics)

    Closing Remarks

    Sébastien LECHEVALIER (Associate Professor, l'École des Hautes Études en Sciences Sociales - Centre Japon)