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NAGAOKA Sadao

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NAGAOKA Sadao

NAGAOKA Sadao Photo
Faculty Fellow
Program Director
Professor, Institute of Innovation Research, Hitotsubashi University

    Expertise

    Policy and Institutions for Innovation

    Education

    1990 Ph.D., Economics, Massachusetts Institute of Technology
    1980 M.S., Management, Massachusetts Institute of Technology
    1975 B.E., Engineering, the University of Tokyo

    Experience

    2004-2008 Director and Professor, Institute of Innovation Research, Hitotsubashi University
    1997-present Professor, Institute of Innovation Research, Hitotsubashi University
    1996-1997 Professor, Institute of Business Research, Hitotsubashi University
    1992-1996 Professor, Faculty of Economics, Seikei University
    1990-1992 Director of the Office for Russia and Eastern Europe, MITI
    1986-1990 Economist, The World Bank
    1975-1992 Ministry of International Trade and Industry (MITI)

    Selected Publications and Papers

    Books in Japanese
    Intellectual Property Rights and Innovation, Tokyo: University of Tokyo Press, June 2003 (co-edited with Akira Goto)

    An Economic Analysis of International Price Differentials: Productivity Perspective, Tokyo: NTT Shuppan, 1999

    Economics of Industrial Organization: Theory and Applications, Tokyo: Nihon Hyoron, April 1998 (co-authored with Yukiko Hirao)


    Articles and Chapters in Books in English
    "R&D and Market Value of Japanese Firms in the 1990s," Journal of the Japanese and International Economies, Vol. 20, No. 2, June 2006

    "How Do the Speed, Science Linkage, Focus and New Entry Matter in IT Inventions?," in De Meyer, Arnoud, Bruno Van Pottelsberghe and Carine Peeters, eds., Economics and Management Perspectives on Intellectual Property Rights, Palgrave, 2005

    "Determinants of the Introduction of Stock Options by Japanese Firms: Analysis from Incentive and Selection Perspectives," Journal of Business, Vol. 78, No. 6, November 2005

    "Determinants of High-royalty Contracts and the Impact of Stronger Protection of Intellectual Property Rights in Japan," Journal of the Japanese and International Economies June 2005, pp. 233-254

    "Policy Issues in Efficient Collaboration through a Patent Pool," in Hwang, Tzong-Leh and Chiyuan Chen, eds., The Future Development of Competition Framework, NY: Kluwer Law International, October 2004, pp. 147-154

    "The Consortium Standard and Patent Pools," The Economic Review, Institute of Economic Research, Hitotsubashi University, Vol. 55, No. 4, October 2004, pp. 345-357 (with Reiko Aoki)

    "International Trade Aspects of Competition Policy", in Ito, Takatoshi, and Anne O. Krueger eds., Deregulation and Interdependence in the Asia-Pacific Region, Chicago: University of Chicago Press, 2000, pp. 55-74

    "Competitive Impact of International Trade - A Case of Import Liberalization of Oil Product Market in Japan," Journal of Japanese and International Economy, Vol. 13, No. 4, 1999, pp. 397-423 (with Fukunari Kimura)

    "Challenges for Japanese Technological Development," Japan Review of International Affairs, Fall 1998, pp. 213-228

    "VERs, VIEs, and Global Competition," in Graham, Edward M., and J. David Richardson, eds., Global Competition Policy, Washington, D.C.: Institute for International Economics, 1997, pp. 475-499 (with Motoshige Ito)

    "Vertical Restraints and Market Access," Empirica, No. 24, 1997, pp. 21-36 (with Akira Goto)

    "Economic Consequences of VIE when Consumers are Constrained," Japan and the World
    Economy, Vol. 9, 1997, pp. 557-565


    Articles and Chapters in Books in Japanese
    "Do Mergers and Acquisitions Promote Corporate Growth? Transfer vs. Sharing of Control Right in Japan, in Hitotsubashi Business Review, 2005 September

    "R&D risk and employee invention system," Intellectual Property Management, Japan Intellectual Property Association, Vol. 56, No. 6, May 28, 2004 pp. 885-896

    "Three Challenges for R&D and IPR Management of Japanese Firms," Intellectual Property Management, Japan Intellectual Property Association, Vol. 54, No. 3, March 2004, pp. 347-357

    "Analysis of the Growth Effects of Corporate Mergers and Divisions," Keizai Tokei Kenkyu, Economy, Trade and Industry Statistics Association, Vol. 31, No. 4, 2003, pp. 55-63

    "Impact of 'Pro-patent Policy' as Revealed in License-contracts," in Goto, Akira, and Sadao Nagaoka, eds., Intellectual Property Rights and Innovation, Tokyo: University of Tokyo Press, June 2003, Chapter 3, pp. 101-12

    "Economics of Utility Standard," in Goto, Akira, and Sadao Nagaoka, eds., Intellectual Property Rights and Innovation, Tokyo: University of Tokyo Press, June 2003, Chapter 8, pp. 249-273 (with Reiko Aoki)

    "Competition with Chinese Economy and the Myth of Hollowing-out of the Japanese Industry," in Itoh, Motoshige, and Policy Research Institute of MOF, eds., Economic Analysis of Japan-China Economic Relationship - Myth of the Threat from China, Tokyo: Toyo Keizai, March 2003, Chapter 4, pp. 107-123

    "Domestic Standard and International Competition: Three Issues," in Kotera, Akira, ed., WTO at the Crossroads - An Analysis of Non-trade Issue Linkages, Tokyo: Toyo Keizai, March 2003, Chapter 2, pp. 31-46

    "Transition to the Market Economy and Restructuring of Industrial Technology," Bulletin of the Japan Association for Comparative Economic Studies, Vol. 41, No. 1, January 2003, pp. 1-17 (with Ichiro Iwasaki)

    "Technology Standards, the Patent Pool and Standardization Policy in Future," The Journal of Science Policy and Research Management, The Japan Society for Science Policy and Research Management, Vol. 17, No. 1/2, 2002, pp. 25-34

    "Collaboration among Competitors for Innovating Technical Standard: Economics of Patent Pool," Organizational Science, The Academic Association for Organizational Science, Vol. 35, No. 3, March 2002, pp. 35-48

    "Innovation and Economic Development," in IIR, ed., Introduction to Innovation Management, Tokyo: Nihon Keizai Shimbun, 2001, Chapter 10, pp. 286-308

    "Intellectual Property Rights and Innovation," in IIR, ed., Introduction to Innovation Management, Tokyo: Nihon Keizai Shimbun, 2001, Chapter 12, pp. 334-359

    "Adoption of Stock Options by Japanese firms as seen from the Basic Survey on Business Structure and Activity," Keizai Tokei Kenkyu, Vol. 29, No. 2, September 2001, pp. 35-51

    "Appreciation of Yen and Productivity Performance of Japanese Industry," in Albach, Horst, and Kyoichi Futagami, eds., Volatility of Exchange Rate and Firm Response, Tokyo: Yachiyo Shuppan, November 2001, pp. 109-119

    "The Role of IPRS in Cumulative Innovation: Addressing Knowledge Production Externality," in IIR, ed., Knowledge and Innovation, Tokyo: Toyo Keizai, August 2001, Chapter 8, pp. 231-245

    "Economic Effects of Merger and Acquisition, and Merger Regulation," in Hideo Narumichi, ed., Accounting, Tax and Legal Issues of M&A, 21Century M&A Series 3, Tokyo: Chuo Keizai-sha, August 2001, Chapter 10 

    "Anti-monopoly Policy in IT Industry," in Goto, Akira, and Akio Yamada, eds., IT Revolution and Competition Policy, Tokyo: Toyo Keizai, June 2001, Chapter 4, pp. 69-83

    "Integration of Newly Independent States of Former Soviet Union in the Global Economy and Intra-regional Trade," in Nishimura, Yoshiaki, ed., Developments of International Economic Relationships in the Former Soviet Union and Eastern, Tokyo: Nippon Hyoronsha, 2000, pp. 323-343

    "Is Dumping Anti-Competitive or are Anti-dumping Measures Anti-competitive?," International Economic Law, The Japan Association of International Economic Law, No. 9, 2000, pp. 1-21

    "Reforming Competition Policy of the WTO," The Keizai Seminar, No. 549, October 2000, pp. 18-22

    "'Pro-patent' Policy and IPR Strategy," The Risk Management Business, August 2000

    "Transition to the Market Economy through Integration to the World Economy―Interaction between Domestic Reform and Opening-up," The Economic Review, Institute of Economic Research of Hitotsubashi University, Vol. 50, No. 4, October 1999, pp. 312-323

    "Globalization and the Role of State," in Aoki, Masahiko, and Masahiro Okuno, eds., The Role of Market and the Role of State, Tokyo: Toyo Keizai, April 1999, Chapter 10, pp. 327-348

    "The International Conference on Innovation and Patents," Business Review, IIR, Vol. 46, No. 4, March 1999, pp. 1-8 (with Akira Goto)

    "International Technology Transfer," in Fukami, Hiroaki, ed., International Economy, Tokyo: Yachiyo Shuppan, February 1999, pp. 185-200

    "Globalization and Competition Policy," in Goto, Akira, and Kotaro Suzumura, eds., Competition Policy in Japan, Tokyo: University of Tokyo Press, October, 1998, pp. 291-325

    "Global Industrial Restructuring: Causes and Consequences," The Keizai Seminar, October 1998, No. 525, pp. 10-14

    "Cumulative Innovation and the Role of Intellectual Property Rights: What Does Recent Theoretical Development Imply?," Patent Studies, Japan Institute of Invention and Innovation, March 1998, pp. 11-19

    "The Role of Remedies in Protecting Intellectual Property Right—Analysis from a Economic Perspective," Business Review, Vol.45, No.4, March 1998, pp. 42-53

    "Intellectual Property Rights and Innovation: Recent Research Results and Research Future
    Agenda," Business Review, Vol.45, No.1, June 1997, pp. 90-97

    "The Recent Trend of Antidumping Measures and Reform Agenda," Trade and Tariff, Japan Tariff Association, Vol. 45, No. 4, April 1997, pp. 38-47

    "Introduction to Industrial Economics," 1-13, The Keizai Seminar, May 1996-June 1997 (with Yukiko Hirao)


    Others in Japanese
    "Globalization of Market and International Cooperation of Competition Policy," ESP, No. 464, May 2004, 19-23

    "Comments on the Economics of GATT," International Economy, No.7,2002 40-42

    "Strategy for Competition in Information Industry (1)-(6)", Nihon-Keizai-Shinbun, Yasashii-Keizaigaku, August 15th to 22nd 2000

    "Japanese Economy and Innovation Study, " Shosai-No-Mado, No. 491, February 2000, 38-43

    "Access Rule to Network," Journal of International Trade and Industry, Vol. 32, No.10, October 1999, 64-67

    "Demand and Supply of Innovation," Journal of International Trade and Industry, Vol. 32, No.4, April 1999, 14-16

    "Mega-mergers and World Economy (Middle Part): Expansion of Free Trade," Nihon-Keizai-Shinbun, Keizai-Kyousitu, August 16th 1998


    Book Review
    Kan Ken, Kindai-Nihon- no- Inobehshon : Tokkyo-to-Keizai-Hatten (Innovation of Modern Japan-patent and economic growth)/Keiei-Shigaku (Business History Association), Vol. 39, No.2, 2004, 97-99

    Yasuharu Ukai, The Effects of Information System Investment in Banking Industry/Kansai-Daigaku-Keizaigaku-Ronshu, Vol. 53, No.4, March 2004, 399-401

    Shahid Yusuf et al., Innovative East Asia: The Future of Growth/Journal of Japanese and International Economy, Vol. 17, 2003, pp. 137-139

    Yoshiro Miwa and Mark J. Ramseyer, Sangyou-Seisaku-no-Gokai (Misunderstood Industrial Policy)/Mainichi-Economist, March 4th 2003, 66-67

    Steil, B, D.G. Victor and R.R. Nelson, eds., Technological Innovation and Economic Performance/Keizai-Kenkyu, Vol. 54, No.2, January 2003, 184-185

    Shujiro Urata and Japan Center for Economic Research, eds., FTA Strategy of Japan/Mainichi-Economist, September 24th 2002, 65


    Working Papers in English
    "Patent Quality, Cumulative Innovation and Market Value: Evidence from Japanese Firm Level Panel Data," IIR Working Paper WP#05-06, February 2005

    "Coalition Formation for a Consortium Standard through a Standard Body and a Patent Pool: Theory and Evidence from MPEG2, DVD and 3G," IIR Working Paper WP#05-01, February 2005 (with Reiko Aoki)

    "Assessing the R&D Management of Firms by Patent Citation: Evidence from the US Patents," IIR Working Paper WP#04-10, May 2004

    "R&D and Market Value: Appropriability vs. Preemption," IIR Working Paper WP#04-03, February 2004

    "Determinants of R&D and its Productivity: Identifying Demand and Supply Channels (First revision)," IIR Working Paper WP#03-12, June 2003

    "The Utility Standard and the Patentability of Intermediate Technology," Discussion Paper Series, No. 437, Institute of Economic Research, Hitotsubashi University, April 2003 (with Reiko Aoki)

    "Unilateral vs. Cross Licensing: How do Firm Characteristics Affect Licensing Decisions?," IIR Working Paper WP#03-02, March 2003 (with Hyeog Ug Kwon)

    "Fees versus Royalties in Technology Licensing when Competition Exists," IIR Working Paper WP#01-01, January 2001


    Research Reports
    "Changing corporate governance and its effects on productivity in Japan" (1) to (3), from 2000 to 2002, The Economic Research Institute, Japan Society for the Promotion of Machine Industry (in Japanese)

    "Privatization and Intellectual Property Rights: an Institutional Consideration," in the Final Report of the ad hoc Advisory Panel on Privatization, World Intellectual Property Organization, December 11, 2001

    "Assessment of WTO and Competition Rules for Enterprises with Exclusive or Special Rights," Joint Group on Trade and Competition, OECD, November 2000]


    Conference Papers and Presentations
    "Evaluating R&D Management of Firms by Patents Citation," presented at the Conference on Innovation and Intellectual Property: Economic & Managerial Perspectives (Applied Econometrics Association), July 16, 2004, INSEAD, Singapore; presented at the Annual Meeting of Japanese Economic Association, Okayama University, September 26, 2004

    "Unilateral vs. Cross Licensing: How do Firm Characteristics Affect Licensing Decisions?," presented at the Far Eastern Econometric Society, June 2004, Korea (with Hyeog Ug Kwon)

    "R&D and Market Value: Appropriability vs. Preemption," presented at Research Seminar on R&D Strategy and Science and Technology Policy, organized by National Institute of Science and Technology Policy (NISTEP), February 13, 2004, Tokyo International Forum; the 2004 International Schumpeter Society Conference on Innovation, Industrial Dynamics and Structural Transformation: Schumpeterian Legacies at Universita Bocconi, Italy, June 2004

    "Determinants of High-royalty Contracts and the Impact of Stronger Protection of Intellectual Property Rights in Japan," presented at the Conference on International Economic Relations and Structural Change: Issues and Policy Options for Japan and the United States, organized by the University of Michigan and Hitotsubashi University, May 2004

    "Patents and Other IPRs as Seen from Licensing Contracts," presented at WIPO-OECD Workshop on Statistics in the Patent Field, September 18-19, 2003, Geneva, Switzerland

    "Determinants of Royalty Terms: Evidence from Technology Import Contracts of Japan, presented at ETSG (European Trade Study Group), September 11-13, 2003, Madrid

    "Impacts of Intellectual Property Rights on International Licensing: Evidence from Licensing Contracts of Japanese Industry," presented at the ETSG (European Trade Study Group) Conference at the Kiel Institute of World Economy, September 13, 2002

    "Determinants of the Introduction of Stock Options by Japanese Firms: Analysis from Incentive and Selection Perspectives," presented at the Annual Meeting, The Japanese Economic Association (JEA), June 15, 2002

    "Determinants of R&D and its Productivity: Identifying Demand and Supply Channels," presented at the Solvay Conference on Innovations and Intellectual Property, November 2001, Universite Libre de Bruxelles

    "Competition Policy and the WTO," presented at the Conference on the Convergence of Trade and Competition Policy, organized by Institute for International Policy Studies, April 2000, Tokyo

    Others

    Japanese Representative to the Board of Managers, International Joseph A. Schumpeter Society
    International Development Engineering Society
    Japanese Economic Association
    The Japan Association for Comparative Economic Studies
    The Japan Society of International Economics
    Intellectual Property Association of Japan
    Editor, Hitotsubashi Business Review

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