【Speaker】Kazuyuki Motohashi, Professor of Department of Technology Management for Innovation(TMI), School of Engineering, the University of Tokyo

【Topic】Research on Industrial Innovation System

【Time】Wednesday, March 29, 14:00-16:00

【Venue】Room 404, Weilun Building, Tsinghua SEM

【Language】English

【Organizer】CEGESR

【Introduction】

Professor Motohashi is the professor of department of Technology Management for Innovation (TMI) School of Engineering, the University of Tokyo, the research fellow in Stanford University and the deputy chief editor of the academic journal Research Policy. He was the Head of Public Affairs Office, Trade Policy Bureau, METI and is the leading expert in open innovation for years.

【Abstract】

The institutionalized long-term business relationships among Japan's (JP's) innovating players have been indicated as a weakness of JP's National Innovation System (NIS) compared with that of the U.S. This study examines how this institutionalized business relationship practice determines the strengths and weaknesses of the U.S. and JP's NIS using agent-based modeling and simulation. Our analysis reveals that the JP NIS is at an advantage in an industry where consumer demand changes rapidly and incremental innovation is crucial. In contrast, the U.S. NIS benefits an industry where frequent radical innovation is required. Furthermore, we show that heavy reliance on in-house R&D is advantageous over open-innovation practice in an industry where radical innovation is crucial when long-term business relationships are prominent. Based on the simulation results, we draw conclusions including strategic and policy implications for JP firms and policymakers, respectively.