Abstract
Since the early 1980s, there has been remarkable progress in advanced technology in Japan and in leading Western countries. What is the present situation in technological development in major Japanese industries and what are the implications for strategic management? The author describes how Japanese industries have harnessed new technologies and suggests a number of concepts which underly these trends. Given the imperatives of advanced technology, he emphasizes the importance of positioning the technology development strategy in the context of strategic management paying particular attention to developing an open organizational culture through a flexible corporate planning system.
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