William V. Rapp
Curriculum Vitae
HOME: 85 River Road
Scarborough,
NY 10510
Tel:
914-945-0630
Fax:
914-923-1416
E-mail:
w.v.rapp@worldnet.att.net or william.rapp@aya.yale.edu
OFFICE: School of Management
The
New Jersey Institute of Technology
University
Heights, Newark, NJ 07102
Phone:
973-596-6414
Fax:
973-596-3074
E
-mail: rappw@adm.njit.edu
Homepage:
http://web.njit.edu/~rappw
EDUCATION: B.A., Amherst College ,
1961 (Economics)
M.A., Yale University , 1962
(Economics)
Ph.D., Yale University , 1966
(Economics)
M.A., Stanford University , 1970
(Japanese Studies)
CURRENT ACTIVITIES: Henry J. Leir Chair in International Trade & Business and
Research Professor, School of Management, The New Jersey Institute of
Technology; Senior Research Associate, Center on Japanese Economy and Business,
School of Business, Columbia University. Member board Association Of Japanese Business Studies 2003-2005.
PROFESSIONAL
CAREER:
1964-65 Assistant in Instruction, Economics Dept., Yale
University (Taught basic economics and assisted Henry Wallich
in his undergraduate course on Money and Banking.)
1966-67
Assistant Program Economist, AID, Seoul, Korea (Performed economic analyses,
advised Korean government fiscal and tax policy. Proposed, developed and
managed with Professor Ronald MacKinnon, Stanford, the first application of
effective protective rate analysis to a developing country’s tariff structure
resulting in publications with Park, et al, Effective Protective Rates for
Korean Industries and with Herbert G. Grubel, and
Harry G. Johnson, “Excise Taxes and Effective Protection: A Note.” [See
publications.])
1967-68 Assistant Program Economist, AID, Saigon,
Vietnam (Assessed import needs and monetary restrictions to analyze
inflationary impact of monetary policy and offsetting import requirements.)
1970-73
Consultant, Boston Consulting Group, Boston and Tokyo (Worked on or led
strategy related case assignments for various companies in the US and Japan.
Firms included Kodak, General Electric, ITT, American Express, Norton
Manufacturing, Motorola, Warwick Electronics and Crown Zellerbach.
Also published co-authored studies on Japanese steel, semiconductor and
automobile industries using experience curves to measure international
competitiveness [see publications].)
1973-75
Financial Services Representative, Morgan Guaranty, Tokyo (Opened office,
responsible private placements and M&A advice for Far East, particularly
Japan, as well as account officer for Japanese companies in oil and gas,
mining, and minerals. Involved in P&G’s entry into
Japan.)
1975-80
Vice President, Morgan Guaranty, Mining and Construction, NY (Unit Head in
Morgan’s Mining and Construction District responsible maintaining major account
relations, structuring transactions, and formulating and executing marketing
plans. Profit contribution about $10 million per annum, with
completed transactions totaling close to $1 billion. These
included tax-exempt pollution financings for Newmont Mining and Azcon, bank advisor to Newmont Mining on Peabody Coal
acquisition providing $100 million bridge loan, syndicated stand-by letter of
credit facilities for Mideast construction contracts (over $200MM for J.A.
Jones and Blount), and agent and bank advisor for $200 million revolving credit
for St. Joe Minerals related to Scallop-Massey Coal joint venture acquisition
transaction.)
1978-80 Toyota Visiting Professor International
Business, Columbia University (First Toyota visiting professor at Columbia
introducing courses on Japanese business and Japan in the 1980s.)
1977-80 Adjunct Professor, Japanese Business, NYU
(Introduced course on Japanese economy and business.)
1980-83
Vice President and Head, Project Finance for Mining, Metals, and Minerals
Worldwide, Bank of America, San Francisco (Responsible administration,
marketing, client contact, strategy formulation, credit review, proposal
preparation, project presentations, advisory analyses, and personnel policies
for section of six professionals. Originated and closed project lending, advisory
and investment banking situations involving mining, metals or minerals on a
global basis, including projects, project personnel and advisory assignments in
Australia, Hong Kong, Caracas and London. Deals closed and financed over $1
billion. Representative transactions included both direct responsibilities as
team leader and as section head. As team leader did: Glendall Coal ($350MM Australian coal mine), Ping Suo ($600MM Island Creek-Chinese coal mine joint venture),
and study of Western US coal exports to Japan. As supervisor
did: California Nickel ($350MM cobalt/nickel mining and processing project), PreMexsa ($200MM Mexican sponge iron facility), and Far
Eastern coal study for Peter Kiewit. One particular transaction, the
$600MM Island Creek-Chinese Ping Suo coal mine joint venture involved negotiations between
Occidental Petroleum and the highest levels of the Chinese government.)
1983-85
Commercial Counselor, US Embassy, Tokyo (Senior administrative and policy
position in Japan for US Department of Commerce reporting to Ambassador
Mansfield and Under-Secretary. Had direct administrative responsibility for 45
US and Japanese employees and budget of about $2,000,000. Activities and
programs included commercial specialist advice and export information center
giving investment and trade promotion assistance to US firms. Played active role in USG-GOJ trade and investment negotiations,
follow-up strategies, and implementation. Helped pioneer new negotiating
strategy leading to successful talks and agreements concerning value added
networks, coal, standards, software protection, depressed industries,
acceptance of foreign test data, semiconductors, NTT procurement, industrial
policy, and long-term energy cooperation. With Top Security Clearance
this position provided many insights into international trade negotiations and
the development of government policy.)
1985-89
Executive Director for North Asia - BA Asia Ltd., responsibility Capital
Markets - Bank of America in Tokyo and Hong Kong (Overall responsibility
Corporate Finance in Japan and North Asia, handling Euro-Finance, swaps,
venture capital, leasing, private placements, M&A, real estate, trade and
project finance. Was actively involved in client marketing
and new product development. Latter included starting real estate trust
advisory services that closed almost $500 million in transactions and on-going
asset management as well as establishing BofA as the
first and only US bank defeasing Japanese Leases.
Beginning with one person built 12 person unit
completing more than $1.5 billion in transactions, generating over $12 million
in fees despite difficult financial environment for BofA.
Also, helped close BofA's innovative $350 million
Japanese capital issue and develop its Pacific Basin international business
strategy. As this period was a watershed period for both BofA
and Japan, it yielded many insights on corporate recovery, the origins of the
Bubble, and success criteria in Japan’s financial markets.)
1988-89
Director Koram Bank, Seoul, Korea (Director of joint
venture Korean bank managed by Bank America
that was supposed to act as a development model for other Korean commercial
banks. Helped arrange innovative parallel loan financings
involving Hong Kong and Korea.)
1989-91
Vice President Mergers, Acquisitions and Finance Mitsui Nevitt
Capital Corp., NY a joint venture merchant bank with Mitsui & Co.
specializing in high value added leasing, middle market LBO financing, and
smaller acquisitions and strategic alliances. (Responsible
for mergers, acquisitions and finance. Initiated and had responsibility
for sourcing and managing potential strategic alliance, M&A, and joint
venture transactions. Sourced and managed over 100 potential transactions.
These included several raw material, commodity and technology related
transactions. Particularly focused on working with smaller US
firms with proprietary products and technologies to open the Japan window by
placing alliance proposals in front of large Japanese companies. Most
transactions were in the $5 to $25MM range, though some exceeded $100MM in
market valuation. These activities involved a wide variety of industries, firms
and technologies as well as exposure to the strategic thinking of Japanese
management and their foreign direct investment objectives.)
1991-98
Managing Director, RUE Associates (This was a consulting business I managed after leaving Mitsui Nevitt.
It specialized in providing advice on project finance and structuring strategic
alliances, joint ventures, and other transactions, particularly between US
firms or US and Japanese firms. I provided advice as
well to clients after transactions closed on managing subsequent business
relations or projects and advised on strategic business issues involving
competition and finance. Clients varied widely by size and industry. Representative assignments included raising $10 million for the
start-up and expansion of a US manufacturing firm, negotiating and closing an
exchange of shares and ownership worth $10 million, negotiating and closing a multi-million
dollar licensing agreement between a US entrepreneur and a large European
company, negotiating and closing a multi-million dollar licensing agreement
between a small electronics company and a large Japanese manufacturer,
successfully solicited an iron carbide project financing proposal from a large
US bank, advised a large Swiss Bank on expansion of its Asian project financing
team, advised a giant US real estate firm on managing its Japanese shareholding
arrangements.)
1991-92 Adjunct Professor Japanese Business, Columbia
University (Taught course on Japanese economy and business)
1991-92
Senior Research Fellow, East Asian Institute, Columbia University (Developed
research and wrote papers on Japanese MNCs and their global development, focusing
on explanations of their competitive success and failure as well as application
of evolutionary theory of the firm to Japanese MNCs. Led to a grant to study
Japanese software [see publications].)
1991-2005
Director Japan Fund (Director mutual fund Investing in Japanese equities,
member audit, executive, and valuation committees, Chairman Investment Policy
Committee 1991-96, designated financial expert 2004-2005)
1992 Adjunct Professor, Graduate School of Business,
Fordham University (Introduced course on Japanese economy and business.)
1992-93 Visiting Lecturer, School of Business,
University of Washington, Seattle, WA (Taught courses on Japanese economy and
business, international business, and international trade and monetary policy. Directed
2-year project on Japanese software industry under grant from Japan-US
Friendship Commission, initiated law-business workshop on intellectual property
and international business.)
1992-Present
Senior Research Associate, Columbia University, School Business Administration,
Center Japanese Economy and Business, (Raised funding, undertook and directed
major projects on software and information technology including project on the
future development and impact of Japanese software competition. One was a 2-year
study of Japanese software industry under a Japan-US Friendship Commission
grant. The other was a 3-year study on using IT to improve competitiveness
under a Sloan Foundation grant resulting in several papers and a book.)
1993-96
Chair Economic Relations with Japan and Professor
International Business, University of Victoria, BC, Canada. (Taught
undergraduate and MBA courses on international business, global finance and
Japanese economy. Jointly with law school professor taught a course on
managing intellectual property. Sponsored programs on Japan,
including ones on software and information technology.)
7/1/96-99 Academic Director, Graduate Program in
International Relations, Yale University with joint appointment Economics
(Taught graduate courses on applied micro and macro economics and on applied
international economic policy, advised 65 students in Graduate Program in
International Relations, managed joint degree programs schools of law,
business, environment and public health, developed curriculum and admission
requirements, and represented Yale to APSIA (Association of Professional
Schools in International Affairs). In addition administered and carried out research for 3-year Sloan Foundation grant in conjunction with
Columbia University on the use of software by leading US and Japanese
firms to achieve competitive advantage, including firms in financial
services.)
9/99-2000
Fulbright Scholar and APSIA Visiting Professor Ritsumeikan
University, College of International Relations, Kyoto, Japan. (Taught courses on the Asian Financial Crisis and History of
Investment Banking. Initiated research project on the
political economy of Japan’s Aging Population. Completed research for
Sloan Foundation IT Project)
1999-Present
President WVResearch Associates: Consulting and
contract research including policy, expert witness and litigation research
related to international business, Japanese economy and finance, complex
banking and loan transactions, strategy, and IT for those wanting in-depth and
practical analysis to support policy positions or legal testimony. Have acted as expert witness in situations involving project
finance, investment banking and Japanese business. Assignments have
varied but have included acting as a witness in a gold mining financing case, a
Latin American raw material project financing arbitration, and three situations
involving Japanese companies and banks. I have also
prepared a report for the UN on the role of derivatives in the Asian Financial
Crisis.
2000-Present
First Henry J. Leir Professor of International Trade
and Business at the New Jersey Institute Of
Technology’s School of Management. Teach courses on international business, IT
strategy and Strategic Management. Lead research projects related to
international business, global competition and IT strategies. Have developed undergraduate distance-learning course on
international business under NJ-I Tower grant and graduate distance learning
Capstone course on Strategic Management. Have completed and published
book on information technology strategies. Recently finished research project
on Japanese convenience stores and begun one on globalization of major US law
firms. Am now leading a real-time on-line case study
initiative that includes studies on UPS, Dendrite, Pfizer, Toyota and Apple.
Other responsibilities include School of Management faculty secretary, member
NJIT Intellectual Property committee, member SoM
Strategic Planning committee, and member School of
Management graduate curriculum committee.
PROFESSIONAL ASSOCIATIONS: Royal Economics
Society, Association of Japanese Business Studies (prior board member &
reviewer), Academy International Business, Association of Asian Studies,
Academy of Management (reviewer)
PROFESSIONAL
AWARDS:
Phi Beta Kappa, Magna cum Laude (Amherst 1961), National Science Foundation
Fellow (Yale, Economics 1961-64), Ford Foundation Fellow (Stanford &
Inter-University Center Japanese 1968-70), Japan-US Friendship Commission Grant
1993-95, Sloan Foundation Grant 1996-99, APSIA Visiting Professor, Fulbright
Scholar, NJ-I Tower 2001 grant recipient, 2003 recipient of Strategic
Information Technology award of Stillman School of
Business, Seton Hall University, and NJPRO Foundation for book, Information
Technology Strategies.
COURSES TAUGHT: International
Trade and Monetary Policy, International Business, Managing Intellectual
Property, Japanese Business, International Finance (undergraduate), Money and
Banking, Introductory Economics, Competing in Global Industries, Applied Micro
and Macro Analysis, Applied International Economic Analysis, History Investment
Banking, Information Technology Strategy, Strategic Management
PUBLICATIONS
BOOKS:
2004
– Information Technology Strategies: Oxford Press, 2d
printing with revisions; initial version Summer 2002. How leading firms use IT
to gain advantage, (Book based Sloan case studies). Award Stillman School of Business 2003.
2003 - Seiko Kigyo No IT Senryaku, updated and substantially revised version IT strategy book published in Japanese by Nikkei Business Publishing, Tokyo
1995
– The Future Evolution of Japanese-US Competition in Software: Policy
Challenges and Strategic Prospects, Final Report Japan-US Friendship
Commission, Columbia University.
1967
– Park, et al, Effective Protective Rates for Korean Industries, Korean
Development Institute, Seoul, Korea.
1966
– "A Theory of Changing Trade Patterns Under Economic Growth: Tested for
Japan," Yale Economic Essays, New Haven, Conn., Fall
1967, pp. 69-135.
ARTICLES PUBLISHED:
2009_,
“Prosecuting Mortgage Fraud,” Proceedings McMaster Global Conference,
(refereed)
2008_, “The Kindleberger-Aliber-Minsky Paradigm And
The Global Subprime Mortgage Meltdown,” Review of Business and
Technology Research, Vol.
1, No. 1, 2008 (refereed)
_, R. Mehta, C.
Hopkins, J. McHugh, “Toyota Motor Company:
An Environmental and Strategic Marketing Assessment for Hybrid and Renewable
Energy Resource Automobiles”, The International Journal of Technology, Knowledge
and Society, Volume 4, 2008 (refereed)
2007 _, ““Hydrocarbons to Hydrogen: Toyota’s Long-term IT-based Smart
Product Strategy,” Business Review, Journal Of The
American Academy Of Business, Cambridge, Summer (refereed)
2006 _, R. Wankadia
and Rajiv Mehta, “Dendrite International, Inc.: Entering the Central and East
European Market,” E-Business Review, Vol. VI (refereed)
_,
and Mazhar Islam, “Japanese Mini-Banks: Retail
Banking Services through Convenience Stores,” Asian Business &
Management, Palgrave Macmillan, Vol. 5 (refereed)
_, “Hydrocarbons to Hydrogen: Toyota’s Long-term IT-based Smart
Product Strategy,” Society for Advancement of Management, Proceedings
International Conference On Sustaining A Competitive
Edge, Texas (refereed)
2004
_, and Hemalatha Subramanian, “Leveraging IT As A Core Competency To Enter New Businesses: The UPS Case,” Business
Review, Journal Of The American Academy Of Business, Cambridge, October
(refereed)
_,
and
Mazhar
ul Islam, “JAPANESE MINI BANKS: Retail Banking Services through
Convenience Stores,” Proceedings of the Association of Japanese Business Studies Conference, Stockholm, Sweden
(refereed)
_, The MIT Sloan
Management Review, condensed version of “Putting E-Commerce to
Work: The Japanese Convenience Store Case,” (article written with Mazhar ul Islam), Spring 2004 issue. (selected by MIT
Management Review)
2003 _, Review, Beyond the Dot.Com's, The Economic Promise of
the Internet. IEEE Transactions on Engineering Management,
Vol. 50, No. 4.
_,
and Mazhar ul Islam,
“Putting E-Commerce to Work: The Japanese Convenience Store Case,” Annual
Publication, American Society for Competitiveness, Washington, DC, October,
(refereed)
_,
and Mazhar ul Islam,
“Putting E-Commerce to Work: The Japanese Convenience Store Case,” Working
Paper of Center on Japanese Economy and Business, Columbia University, NY
_,
and Mazhar ul Islam,
“Japanese Convenience Stores And Telematics
Another Approach to Capturing E&M-Commerce Advantages,” Proceedings
Hawaii Conference on International Business, Honolulu (refereed)
_,
and Mazhar ul Islam,
“JAPANESE CONVENIENCE STORES’ Telematic Approach to
Gaining an E-Commerce Advantage,” Proceedings Association of Japanese Business
Studies Conference, Montreal, Canada (refereed)
_,
and Mazhar ul Islam, “An
E-Commerce Alternative: Japanese Convenience Stores, E-Retsus,
and Telematics – Gaining an Advantage in E&M
Commerce,” Proceedings 9th Industrial, Engineering and Management Systems
Association Conference, Orlando, FL (refereed)
2002_,
and Mazhar ul Islam,
Japanese Convenience Stores And E-Retsus:
An Alternative Approach to Capturing an E-Commerce Advantage,” Proceedings
Asian Institute of Technology Conference on IT, Bangkok (refereed)
_, Review of the Rice Paper Ceiling, Pacific
Affairs, Summer
2001 _, “NOMURA RESEARCH INSTITUTE:
Gaining and Sustaining Long-term Advantage Through
Information Technology,” Working Paper of Center on Japanese Economy and
Business for Columbia Sloan Foundation Project: Use of Software to Achieve
Competitive Advantage, Columbia, NYC
_, “Nationwide Financial Services: Gaining
and Sustaining Long-term Advantage Through Information
Technology,” Working Paper of Center on Japanese Economy and Business for
Columbia Sloan Foundation Project: Use of Software to Achieve Competitive
Advantage, Columbia, NYC
_, “Nomura Research Institute: Success by Assisting Others to Gain and Sustain
Long-term Advantage Through Information Technology,”
Proceedings Association Of Japanese Business Studies Conference, June (refereed)
2000 _, “Steel: Nippon Steel, K.K. – Gaining and Sustaining Long-term
Advantage Through Information Technology”, Working
Paper of Center on Japanese Economy and Business for Columbia-Yale Sloan
Foundation Project: Use of Software to Achieve Competitive Advantage, Columbia,
NYC
_, “Steel: Tokyo Steel, K.K. – Gaining and
Sustaining Long-term Advantage Through Information
Technology”, Working Paper of Center on Japanese Economy and Business for
Columbia Sloan Foundation Project: Use of Software to Achieve Competitive
Advantage, Columbia, NYC
_, Nobuhiko Hibara,
“Food Retailing: Ito-Yokado Group -
Sustaining Long-term Advantage Through Information
Technology”, Working Paper of Center on Japanese Economy and Business for
Columbia Sloan Foundation Project: Use of Software to Achieve Competitive
Advantage, Columbia, NYC
_, “Automobiles: Toyota Motor Corporation:
Gaining and Sustaining Long-term Advantage Through
Information Technology,” Working Paper of Center on Japanese Economy and
Business for Columbia Sloan Foundation Project: Use of Software to Achieve
Competitive Advantage, Columbia, NYC
_, “International Retail Banking: The
Citibank Group, Gaining and Sustaining Long-term Advantage Through
Information Technology,” Working Paper of Center on Japanese Economy and
Business for Columbia Sloan Foundation Project: Use of Software to Achieve
Competitive Advantage, Columbia, NYC
1999 _, Review Japan’s Technical
Standards: Implications for Global Trade and Competitiveness, Journal of
Asian Business, Vol 15 No 3, Ann Arbor, MI
_, “Life Insurance: Meiji Life – Gaining
and Sustaining Long-term Advantage Through Information
Technology”, Working Paper of Center on Japanese Economy and Business for
Columbia Sloan Foundation Project: Use of Software to Achieve Competitive Advantage,
Columbia, NY
_, “Retail Banking: Sanwa Bank – Gaining
and Sustaining Long-term Advantage Through Information
Technology”, Working Paper of Center on Japanese Economy and Business for
Columbia Sloan Foundation Project: Use of Software to Achieve Competitive
Advantage, Columbia, NY
_, “Gaining and Sustaining Long-term
Advantage Using Information Technology: Emergence of Controlled Production,” Best Papers
Proceedings, Association of Japanese Business Studies, Salt Lake City, UT. (refereed)
_, Hiroshi Amari,
and Hugh Patrick, “Sustaining Long Term Advantage through Information
Technology, Pharmaceuticals: Takeda,” in Information Processing as a Competitive Advantage of Japanese Firms, H. Albach, U. Goertzen, and R. Zobel, ed., WZB, Berlin
_, and Hiroshi Amari,
“Pharmaceuticals: Takeda - Sustaining Long-term Advantage Through
Information Technology”, Working Paper of Center on Japanese Economy and
Business for Columbia-Yale Sloan Foundation Project: Use of Software to Achieve
Competitive Advantage, Columbia, NYC
_, and Hiroshi Amari,
“Pharmaceuticals: Merck - Sustaining Long-term Advantage Through
Information Technology”, Working Paper of Center on Japanese Economy and
Business for Columbia-Yale Sloan Foundation Project: Use of Software to Achieve
Competitive Advantage, Columbia, NYC
_, and Christos Cabolis,
“Semiconductors: NEC - Sustaining Long-term Advantage Through
Information Technology”, Working Paper of Center on Japanese Economy and
Business for Columbia-Yale Sloan Foundation Project: Use of Software to Achieve
Competitive Advantage, Columbia, NYC
_, “Gaining and Sustaining Long-term
Advantage Through Information Technology: The
Emergence of Controlled Production”, Working Paper of Center on Japanese
Economy and Business for Columbia-Yale Sloan Foundation Project: Use of
Software to Achieve Competitive Advantage, Columbia, NYC
_, “Foreign Firms in Japan’s Securities
Industry in the 1980s and Post Bubble Economy,” in Post Bubble Japanese Business,
Raj Aggarwal, ed., Kluwer
Academic Publishers, Chapter 7 (refereed)
1998 _, Review Growth Theories in Light
of the East Asian Experience, Journal of Asian and African Studies
_, Review The
Economic Development of Japan, Studies in Comparative International
Development
_, “Copyright: A Too
Strong Protection Policy for Computer Software?” in volume edited by Koichi
Hamada on Intellectual Property Rights in Japan, MITI, Tokyo.
_, “Life Cycle Model,” Final Report Symposium on
Building the Financial System of the 21st Century: An Agenda for Japan &
the United States, Program on International Financial Systems, Harvard Law
School.
1997 _, Review Firms and Industrial Organizations in
Japan, Journal of Asian Business, Vol 13
No 1, Ann Arbor, MI
_, Review The
Eight Core Values of the Japanese Businessman, Journal of Asian Business,
Vol 13 No 2, Ann Arbor, MI
1996 _,
“Customized Software: Strategies for Acquiring and Sustaining Competitive
Advantage: A Japanese Perspective,“ Canadian
Association of Japanese Studies 1995 Conference Proceedings (refereed)
_, Review Japan and Malaysian
Development: In the Shadow of the Rising Sun, Pacific Affairs, Vol.
69 No. 3
_, Review Japanese Industrialization and
the Asian Economy, Journal of Asian Business, Number 4
1995 _, “Capturing Japan’s Attention:
Canada’s Evolving Economic Relation with Japan,” Benchmarking the Canadian
Presence in East Asia, Wendy Dobson, ed., Centre for International
Business, University of Toronto (refereed).
_, “Soft Policies and Hard Competition:
Government, Industry, and User Impacts on the Development of Japan’s Software
Industry,” Columbia Center on Japanese Economy and Business Working Paper No.
94.
_, “Japanese Producers and the Strategic
Development of Vietnam’s Automobile Industry,” Vietnam and Japan, Japanese
Aid and Investment Strategies in Vietnam: Implications for Development
Directions, Barbara Duffield, ed., Centre for Asia Pacific Initiatives,
University of Victoria, B.C., Canada
_, Review Economic,
Industrial and Managerial Coordination between Japan and the USA, Journal
of Japanese Studies, August.
1994 _, Review
article on Japanese Finance and Unequal Equities, Journal of
Japanese Studies, February.
_, Review Article Zaibatsu,
Journal of Asian Studies, August.
1993 _, "Japanese
Foreign Direct Investment in the Product Cycle," Proceedings of the
Association of Japanese Business Studies, January (refereed).
_, "Japan Inc. at a Crossroads:
Outlook for Japan's Economy and Multinational Corporations through the End of
the Decade." The World & I, Washington
Times, November.
1992 _, "Japanese
Multinationals: An Evolutionary Theory and Some Potential Global Political
Implications for the 1990's," Center on Japanese Economy and Business
Working Paper Series, No. 61, January. Published as "Japanese
Multinationals: An Evolutionary Theory," in Europe. Japan. and America in the 1990s: Cooperation and Competition, Vol. III in Europe. Asia-Pacific
Studies in Economy edited by Thomas Leuenberger
and Martin Einstein, Springier-, Berlin, p 221-267 (refereed).
_, "Does the Sun Have to Set?" The
World & I, Washington Times, Washington, D.C., October, p
562-567
1989 _, "Review Japan Facing
Economic Maturity," The Journal of Japanese Studies, Vol.
15, No.1
1988 _,
"Demystifying M&A," Mitsui Trade News, Vol. 25.
1987 _,
"Stabilizing the Yen: The Unattractive Alternatives to Full Import
Liberalization," Yomiuri Symposium on International Economy '87, Yomiuri
Shinbun, Tokyo, p 53-56.
1986 _, "Japan's
Invisible Barriers to Trade," T. Pugel, ed., Fragile
Interdependence, D.C. Heath, NY, p 21-45 (refereed).
1984 _, “Unbundling
Japan Inc.," Creative Computing, August, p 43-48.
1983 _, "Japan's
Government Policy on Trade," Encyclopedia of Japan, Kodansha,
Tokyo.
_, "Reevaluating Past Policy
Approaches to US-Japanese Trade Problems," R. Kosobud,
ed, Northeast Asia and
the United States: Defense Partnerships and Trade Rivalries, Chicago
Council Foreign Relations, Chicago, p 25-42.
_, "Industrial Structure and Japanese
Trade Friction," Journal of International Affairs, Summer, Vol. 37, p 67-79.
1980 _, "The
United States and Japan: Competition in World Markets: Policy Alternatives for
the United States," Special Study on Economic Change. Vol. 9. The International Economy: US Role in a World Market,
Joint Economic Committee, US Government Printing Office, Washington, D.C.,
December 17, p 354-361.
_, "The Decade Ahead: Japan's Economy
in the 1980's," Japan Society Newsletter, NY, Vol. XXVIII, p 5-7.
1979 _, "What the
US has to do to Compete with Japan," Journal of Contemporary Business,
Vol. 8, No. 2, p 17-26.
_, and William L.
Givens, "What it Takes to Meet the Japanese Challenge," Fortune,
June 18, 1979, p 104-120. (Also printed in
Japanese in President, September, p 254-263.)
_, and Robert Feldman, "Japan' s Economic Strategy and Prospects," William J. Barnds, ed., Japan and the United States: Challenges and
Opportunities, NYU Press, NY, p 86-154.
1977 _, "Japan: Its Industrial Policy
and Corporate Behavior," Columbia Journal of World Business, NY, Spring, pp. 38-58 (refereed).
1976 _, "Firm Size and Japan's Export
Structure: A Microview of Japan's Changing Export
Competitiveness Since Meiji," Hugh Patrick, ed., Japanese
Industrialization and Its Social Consequences, U of C Press, Berkeley, pp.
201-248.
_, "Japan's Industrial Policy,"
Isaiah Frank, ed., The Japanese Economy in
International Perspective, John Hopkins Press, Baltimore, p 37-66.
_, "The Many Possible Extensions
of Product Cycle Analysis," Hitotsubashi
Journal of Economics, Vol. 16, No. 1, Tokyo, June, p 22-29. (Also published
in Japanese in Hitotsubashi's Japanese Journal and
Kojima, ed., Essays in Remembrance of N. Akamatsu.)
1973 _, "Strategy Formulation and
International Competition," Columbia Journal of World Business, NY,
Vol. VIII, No. 2, p 98-112 (refereed).
_, "Supply Management: A Key Element
in Japan's Economic Policy," The Morgan Guaranty Survey, Morgan
Guaranty, NY, September, p 10-15.
1972 _, and James Abegglen, "The Competitive Impact of Japanese
Growth," in J. Cohen, ed., Pacific Partnership: United States-Japan
Trade, D.C. Heath, Lexington, MA, p 19-50.
_, James van B. Dresser, Jr., and Thomas M.
Hout, "Competitive Development of the Japanese
Steel Industry," in J. Cohen, ed., op. cit., p 201-220
_, and Thomas Hout, "Competitive Development of the Japanese
Automobile Industry," in J. Cohen, ed., op. cit.
1971 _,
"Implications of Japanese Competition for U.S. Business," Bond
Buyer Annual, NY, November 30, p 221-240.
1970 _, and James Abegglen, "Japanese Managerial Behavior and 'Excessive
Competition'," The Developing Economies, Vol. VIII, Tokyo,
December, No. 4, p 427-444 (refereed).
1969 _, Herbert G. Grubel, and Harry G. Johnson, “Excise Taxes and Effective
Protection: A Note,” The Economic Journal, Vol. LXXIX, September, p
674-675 (refereed).
1967
_, "A Theory of Changing Trade Patterns Under
Economic Growth: Tested for Japan," Yale Economic Essays, New
Haven, Conn., Fall 1967, pp. 69-135 (refereed).
FORMAL
PAPERS AND SPEECHES DELIVERED:
“Prosecuting
Mortgage Fraud,” presentation at McMaster Global Conference, Hamilton, Canada
(refereed)
2008 “Macroeconomic Perspective on
Mortgage Meltdown and its Consequences”, presentation Governor’s Conference on
Growth and Employment, Atlantic City, NJ.
“The Kindleberger-Aliber-Minsky
Paradigm And The Global Subprime Mortgage Meltdown,”
presentation at National Institute Of Financial Management conference on Global
Issues in Business & Technology at Faridabad, India (refereed)
Presentation at Japan Society, NYC,
NY, “Convenience Store’s 24-Hour Branch Banking – A Japanese Innovation.”
Presentation Japan Economic Seminar, Columbia University,
NYC, NY, “Toyota Motor Company: An Environmental and
Strategic Marketing Assessment for Hybrid and Renewable Energy Resource
Automobiles.” (refereed)
Presentation
at Conference on Technology, Knowledge, and Society, Northeastern University,
Boston, MA, “Developing The Global Hybrid Car Market, Toyota’s Strategic
Initiative.” (refereed)
2006
– Presentation Society for Advancement of Management International Management
Conference, Orlando, “Hydrocarbons
to Hydrogen: Toyota’s Long-term IT-based Smart Product Strategy”, Proceedings,
SAM, 2006
Presentation
International Academy of E-Business, Orlando, “Dendrite International, Inc.:
Entering the Central and East European Market”
Presentation at The
International Academy Of E-Business Conference, San Francisco, “What Brown Does For E-Commerce: A UPS Case”
Presentation Doshisha University, Kyoto, “Best Practice IT Strategy Paradigm”
Presentation Tokyo Economics University, “Information Technology Strategies”
Keynote
address on “Leveraging IT As A Core Competency To
Enter New Businesses: The UPS Case,” The International Business and Technology
Research Conference, Las Vegas; award for best paper presented at the
conference.
Poster
session, JAPANESE ‘MINI BANKS’: Retail Banking Services through
Convenience Stores, The Academy of International Business, Stockholm (with Mazhar ul Islam)
Paper
presentation, JAPANESE ‘MINI BANKS’: Retail Banking Services through
Convenience Stores, The Association of Japanese Business conference, Stockholm
(with Mazhar ul Islam)
Presentation University of Missouri at St.
Louis and St. Louis Japan Society “Japanese
Consolidation: Leading firms are Leveraging Japan’s Economic Malaise Using IT
& Globalization To Force Restructuring.”
2003
- Presentation (October) American Society for Competitiveness Washington, DC
“An E-Commerce Alternative: Japanese Convenience Stores, E-Retsus
& Telematics, Gaining An Advantage In
E&M-Commerce.” (refereed)
Presentations NYU (September) on “Leveraging Japan’s Economic Malaise: Using IT and Globalization to Restructure Japanese Industry”.
Presentation of paper, “Japanese
Convenience Stores And Telematics
Another Approach to Capturing E&M-Commerce Advantages,” Hawaii
Conference On International Business, June (refereed)
Presentation
of paper, “Japanese Convenience Stores’ Telematic
Approach to Gaining an E-Commerce Advantage,” Association of Japanese Business
Studies Conference, June (refereed)
Presentation
of paper, “Putting E-Commerce to Work: The Japanese Convenience Store Case,”
Japan Economic Seminar, Washington, DC, April
Presentation paper, “An E-Commerce
Alternative: Japanese Convenience Stores, E-Retsus,
and Telematics – Gaining An
Advantage In E&M Commerce,” Industrial, Engineering and Management Systems
Conference, March (refereed)
2002 - Keynote Address, “IT
Strategies: Best Practice Paradigm, How Leading Firms Use IT To Gain Sustainable Competitive
Advantage,” Asian Institute of Technology Conference, Bangkok, December
Presentation
of Paper with Mazhar ul
Islam, “Japanese Convenience Stores And E-Retsus” at Asian Institute of Technology Conference in
Bangkok, December
Presentations
at MIT (December) and Columbia (October) on “Strong Get Stronger: The Role of
IT and Globalization in Restructuring Japanese Industry”.
Presentation on the “Role of IT and Globalization in
Restructuring Industry,” Association of Japanese Business Studies Conference,
June
2001
- Presentation, “E-Banking in Japan,” Association Of
Japanese Business Studies Conference, June
Presentation
paper on Nomura Securities, “Success by Assisting Others to Gain and Sustain Long-term Advantage
through Information Technology,” Association Of Japanese Business Studies
Conference, Finland, June (refereed)
Presentation at
Amherst College, “Great Expectations – E-Business: Some Emerging Scenarios That
Will Alter Our lives,” June
Presentation,
“Great Expectations - E-Banking: Some Emerging Formats”, Conference on Using
Information Technology to Improve Competitiveness, Helsinki, May
2000
- Presentation of paper to Association of Japanese
Business Studies on Nippon Steel’s E-Commerce Strategy, June (refereed)
National
University of Singapore, Singapore, “Economic Origins of Asia’s Financial
Crises: Are They Really Being Fixed?”, March
Tohoku University, Sendai, “Japan’s Current Financial & Economic Crisis: a Contrarian View?”, February
1999 - Presentation on Continuing Problems
in the Asian Financial Crisis to joint conference of American University, Korea
University, and Ritsumeikan University, November
Association
of Japanese Business Studies Annual Conference, “Gaining and Sustaining
Long-term Advantage Using Information Technology: Emergence of Controlled
Production,” June
1998 - Association of Japanese Business
Studies Annual Conference, “Case Study on the Use of Information to Achieve
Competitive Advantage: Takeda”, May
Presentation
WHU, Koblenz, Germany on “Japanese Companies Use of Software to Achieve
Competitive Advantage,” February
Presentation WZB Berlin Conference on
Japanese Information Technology, “Use of Information Technology Case Studies on
Pharmaceuticals: Takeda and Merck” (refereed)
1997 - Association of Japanese Business Studies Annual Conference,
“Japanese Software Project”, June
MITI conference at Yale, “Copyright: A Too
Strong Protection Policy for Computer Software?” May (refereed)
1996 - CAPI Conference on “The Asia-Pacific
Region and the Expanding Borders of the WTO: Implications, Challenges and
Opportunities”, “The Persistence of Unilateralism and Bilateral Negotiations: A
Practitioner’s Perspective,” June.
Columbia Program for Chinese Power Firms,
“Project Financing: Difficulties and Strategic Opportunities,” May.
Columbia Conference on Software Users’
Strategies for Gaining Competitive Advantage: a US-Japan Comparison, “Japanese
Users’ Strategies for Achieving Competitive Advantage,” April.
1995 - Canadian Association of Japanese Studies
Conference, “Customized Software: Strategies for Acquiring and Sustaining
Competitive Advantage: A Japanese Perspective,” University of Victoria,
September (refereed).
Seminar on Japan,
Computers and Intellectual Property in an Era of Rapid Technological Change,
“Customized Software: Japanese Strategies for Gaining and Sustaining
Competitive Advantage,” Victoria, September
Association
Japanese Business Studies, “Strategic Evolution of the Japanese Software
Industry,” Michigan, June.
Hong Kong Bank
Asian Forum, ”Capturing Japan’s Attention: Canada’s
Evolving Economic Relation with Japan,” Toronto, June (refereed).
Japan Economic Seminar, Columbia on “The
Strategic Evolution of Japan’s Software Industry - Government Policies,
Industry Initiatives and User Economics: an Evolutionary Perspective,”
February.
1994 - Osaka University-Columbia conference
in Osaka on Developments in the Japanese Economy and Its Pacific Context,
"The Role of Foreign Firms in the Japanese Securities Industry in the
1980s," June (refereed).
Center on Japanese Economy and Business
Conference on High Technology, Columbia, "Japanese Software: Strategies
and Frustrations," April.
NIBEN Conference on International Business,
University of Washington, "Japanese Software: Strategies and
Competition," February.
Association
Japanese Business Studies, Vancouver. "Japanese-US
Competition in Software Policy Challenges and Strategic Prospects. A
Research Agenda.," January.
Conference (November): Japan’s Investment
and Aid Strategies in Vietnam, University Victoria. “Japanese
Producers and Strategic Development of Vietnam’s Auto Industry”.
1993 - Yale School of Organization and Management Conference on Foreign
Direct Investment in Japan, "Foreign Direct Investment in the Japanese
Securities Industry, Strategies for Long-term Competitive Success,"
(refereed).
Pacific Institute Conference, Washington,
D.C. on The Convergence of Antitrust and Trade Laws,
"Multidimensional Obstacles to Foreign Competition in Japan's Financial
Services."
University of Washington Conference on
Intellectual Property Issues in International Business, "International
Processing Inc., A Constructed Mini-case Reflecting
Transnational Tax Issues Involving Intellectual Property."
1989 - Australia-Japan Centre'
s Conference on the Impact of Developments of Japan's Financial Market
in Asia and the Pacific at Canberra, "Japanese Overseas Investment and Internal
Economic Stress," (refereed).
1987 - Yomiuri Shinbun's Symposium
on International Economy '87.
Japan Society of New York and Columbia
Center on Japanese Economy and Business Conference on Japan’s Industrial
Structure in Crisis: National Concerns and International Implications, “The New
Dualism”.
1984 - New York University Graduate School
of Business Administration Conference on Japanese Business and Economic
Structure, November, "Japan's Invisible Barriers to Trade,"
(refereed).
1981 - Sweden-Japan Economic Foundation,
Symposium, Stockholm, August, "Japanese Macroeconomic Policies and Their
Impact on Trade."
1980 - Association of Asian Studies, Annual
Meeting, March, Washington, D.C., "The United States and Japan:
Competition in World Markets - Policy Alternatives for the United States."
1979 - US-Japan Economic Relationship in
the 1980s Fortune Conference with US-Japan Trade Council, Washington,
DC, October, "Japanese Competitive Developments in the 1980's,"
reported Fortune and Wall Street Journal
Japanese American Relations in the World
Economy, Skidmore, Saratoga Springs, NY, August, "US-Japan Economic
Relations in the 1980's: A Multilateral Perspective."
Second World
Congress International Federation of Purchasing and Materials Management, Mexico
City, July, "National Economic Policies and their Effect on World
Trade."
1978 - Japanese-American Relations in the
World Economy, Skidmore College, Saratoga Springs, NY August, "Japanese
Managerial Style as a Function of Real Economic Pressure and Successful
Long-Term Strategies."
1973 - American Statistical Association,
Annual Meeting, Pittsburgh, PA, April, "Japan and the US"
1971 - National Association of Business
Economists, Annual Meeting, Pittsburgh, March, "Implications of Japanese
Competition for U.S. Business." Reported New York
Times, IEEE Newsletter, and US News and World Report.
OTHER:
Congressional Testimony: Joint Economic
Committee, "National Economic Policy and U.S. Export
Competitiveness." Interstate and Foreign Commerce, "Industrial Policy
and Economic Survival: The Japanese Case," both 1980, and 1982 hearings
before the Committee on Foreign Affairs on “U.S. Foreign Policy and the Law of
the Sea.” Speeches NY Japan Society on US-Japan Trade, Japanese Economic
Structure, Japanese Energy Demand, and Barriers to Trade, 1975, 1979, 1980, and
1984 respectively. Pacific Partnership Project 1971-72. Helped
raise $180,000 from Japan-US Friendship Commission in 1976 to sponsor
conferences on Japan related teaching modules for use US business schools.
Japanese TV special on US-Japan Trade,
1979. US PBS TV special on US-Japan Relations, 1991. Published Interviews in Economist, in Look Japan.
Contributor to Economist's Financial Report 1975-80. Participant several
conferences in US, Australia, and Japan including member Columbia delegation
US/Japan/ASEAN conference in Japan, December 1990 and Member of National
Academy of Engineering study on the global electronics industry, 1980-81 and
National Research Council study on Protecting Intellectual Property 1993. A
chair and organizer of conferences at Columbia University on “Software as a
Tool of Competitive Advantage: A U.S.-Japan Comparison”, 1996, “Software as a
Strategic Tool of Competitive Advantage: Japanese and US Industry Case
studies”, 2000 and on “Intellectual Property Rights and the Prospects for
US-Japan Cooperation in Asia” 2002.