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

 

MONOGRAPHS

 

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”

2005 – Presentation Kean University Conference on Technology Transfer, “Transferring Management Practices by Japanese Firms in Autos, Steel, and Convenience Stores, Synergies between Suppliers and Customers”

 

Presentation at The International Academy Of E-Business Conference, San Francisco, “What Brown Does For E-Commerce: A UPS Case”

 
2004 – Presentation Waseda University, Tokyo, “THE EMERGENCE OF JAPANESE ‘MINI-BANKS’ Retail Banking Services through Convenience Stores”

 

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.”

 
Presentation IEMS (Industry, Engineering and Management Systems) Conference “Leveraging IT As A Core Competency To Enter New Businesses: The UPS Case.”

 

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

 

UN International Economic Relations Branch Conference on the Global Financial System, “The Impact of Financial Derivatives on Trade and Development in Emerging Market Economies, April

 

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.