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How the Japanese Manage Risk

Americans hear so much about Japan as the success story of the international economy, they sometimes forget that the Japanese have economic problems of their own. Japan has its declining industries such as steel and its low-wage competitors such as South Korea and Taiwan.

Political and Economic Forces Shaping the Business World

Historians and social scientists do better looking backward than looking forward. Economists, for example, have predicted seven of the last two recessions. Once something has happened, however, we can usually explain why it was inevitable.

From Uncertainty to Risk: Reducing the Guesswork in R&D

The R&D imperative for industry has never been more compelling. Virtually all of industry has felt the impact of increased competition, much of it technically based, as well as the accelerated pace of technological challenge and change.

The New Business Topography

Once again we are embarked on a period of turbulent change, when it seems that the established order is dissolving, familiar guideposts disappearing, and our traditional frames of reference out of date. The very topography in which business is conducted is shifting beneath our feet.

Viewpoint The Other Germany: An Open Door to Europe and...

"With German unification apparently imminent, there is a danger that Americans will adopt a passive attitude towards commercial relations with the German Democratic Republic (GDR).

The New Production-Sharing Networks

Production sharing is a strategy for conducting industrial operations in which certain procurement and manufacturing processes are restructured and shared, with firms in a developed country furnishing capital and technology-intensive components, while firms in a developing country furnish labor-...

Viewpoint Beyond Tiananmen: Is There a Future for Foreign...

The recent events in China's Tiananmen Square sent a deep shudder through the boardrooms of many firms in the United States, Western Europe, and Japan.

Industry/Government Partnering: Toward a New Industrial...

Confronted with an increasingly competitive business environment at both national and international levels, corporations of all sizes are finding collaboration, teaming, and partnering more and more important, both tactically and strategically.

Telecommunications: Fueling Asia Pacific Growth?

If information is the oxygen of modern economic development, then telecommunications provides the essential circulatory system. A health check on the state of Asia Pacific telecommunications today would reveal both bad news and good news.

Academic/Industry Liaisons

It has been 37 years since Watson and Crick unraveled the genetic mysteries and catapulted molecular biology into the forefront of laboratory sciences. Events in the academic laboratories since then have been nothing short of revolutionary.