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Vol.60 No.1 SUM. 2012 (In Japanese)A leading management journal in Japanese,which builds a bridge between theory and practice.EDITED BYHitotsubashi University, Institute of Innovation ResearchPUBLISHED BYToyo Keizai Inc.Where Will Accounting in Japan Head for?Kunio Ito／Tetsuyuki Kagaya／Tomohiro Suzuki"New Challenges to Accounting Revolution: Beyond the Relevance Lost"Kazuhiko Toyama"Crisis and Challenges of Corporate Governance in Japan"Tetsuyuki Kagaya"Has the Convergence to the IFRS Affected Investment Behavior? : International Evidences"Hajime Yasui／Yoshiyuki Kure"The Sustainable Value Creation Based on the Integrated Reporting"Yoshinao Kozuma"Mandatory CSR Reporting by Companies: Probable Choice for the Future"Tomonori Ito"Cross-border M&A by Japanese Companies: 10 Lessons from Japan Tobacco's Experience"Kenshu Kikuzawa ／Ikujiro Nonaka"Economics of Knowledge-based Firms: Efficiency of Middle-Up-Down Management and Hypertext Organization "●Business Cases Tetsuyuki Kagaya／Tomohiro Suzuki "OLYMPUS" Yasuyuki Hatsumi／Seo Jeong-min "PT Komatsu Indonesia "●Critical Eyes: Auditor Independence Hikaru Yamamoto●Introduction to Business Economics(2) Noriyuki Yanagawa●The Story of the Accidental Innovations(4) Kiyonori Sakakibara●From My Bookshelf Ikuya Sato Hisanaga Amikura●Management Forum Yukihiro Sato(Mitsubishi Electric Corporation) Interviewed by Tetsuyuki Kagawa
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The magicc program is a research project that seeks to address environmental issues, energy problems and economic concerns through the work of “academicians of business and management and scholars of innovation.”As its name indicates, the project places its emphasis on visiting corporate worksites and conducting research based upon an in-depth understanding of the realities of technology development and enterprise management from a “microeconomics point of view,” a characteristic that sets the program apart from the many other research endeavors that focus on environmental and energy problems.As a result of the Great East Japan Earthquake, Japan currently is grappling with three serious and contradictory problems concerning the environment (reduction of greenhouse gases), energy (stable supply of electric power while eliminating nuclear power plants) and economic stagnation (Japan’s prolonged sluggish growth). To simultaneously solve these three problems, Japanese firms not only must create new industries related to the environment and new forms of energy, they also must be able to stably create added
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■ Research Project [1] Research Project on the Knowledge Creation Process in Science and the Creation of Innovation・Nagaoka, Sadao, Masatsura Igami, John P. Walsh and Tomohiro Ijichi, 2011, “Knowledge Creation Process in Science: Key Comparative Findings from the Hitotsubashi-NISTEP-Georgia Tech Scientists’ Survey in Japan and the US,” IIR Working Paper WP#11-09, October 2011・Nagaoka, Sadao, Masatsura Igami, Manabu Eto and Tomohiro Ijichi, “Knowledge Creation Process in Science: Basic Findings from a Large-scale Survey of Researchers in Japan,” IIR Working Paper WP#10-07, November 2010・Nagaoka Sadao, Masatsura Igami, Manabu Eto, Tomohiro Ijichi, 2010, “Knowledge Creation Process in Science: Basic Findings from a Large-scale Survey of Researchers in Japan,” IIR Working Paper WP#10-08■ Research Project [4] Collaboration Research Project with NEDO・Nagaoka, Sadao, Manabu Eto, Yusuke Naito and Naotoshi Tsukada, “The Innovation Process in Government Funded Research Consortia in Japan,” Economic Research, Vol. 62, No. 3, pp. 253-269, July 2011・Aoshima, Yaichi, Kazunari Matsushima and Manabu Eto, “Commercialization of Government Funded R&D: Follow-up Research Survey on NEDO
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Surveys■ Survey on R&D based on Industry-Academia Cooperation (2012)Research project summarySurvey form Q&ASurvey summary and study results■ Survey on the Knowledge Production Process in ScienceResearch project summarySurvey form Q&ASurvey summary and study results■ Survey on the Innovation Process in NEDO ProjectsResearch project summarySurvey summary and study results
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■Workshops and Conferences■ Research workshop on “IPRs and standard for innovation: Institutional design”Date and time: Tuesday, October 16, 2012 9:20-13:00Venue: International Conference Room, 3rd floor, Faculty Building 3, Hitotsubashi UniversitySponsors:“Science of Science, Technology and Innovation Policy Program” (Institute of Innovation Research) and “Research Project on evolution of standards” (Institute of Economic Research)Speakers:Stuart Graham (Chief Economist of the USPTO), Tamura Yoshiyuki (Professor, Hokkaido University),Aoki Reiko (Professor, Hitotsubashi University), Tsukada Naotoshi (Researcher, RIETI) and Nagaoka Sadao (Professor, Hitotsubashi University)Chair: Nagaoka Sadao, Professor, Hitotsubashi UniversityRemarks: Individuals wishing to participate should submit the following by Thursday, October 11, 2012: (1) Name (2) Address (3) Title (school year if you are a student) (4) Contact information■Program for Third Asia-Pacific Innovation Conference 2012.10.13-14The Third Asia-Pacific Innovation Conference will be held at Seoul National University, Korea on Saturday 13 and Sunday 14 October 2012.Conference Host: Professor Keun Lee, Seoul National UniversityKeynote and Invited SpeakersLee Branstetter, Carnegie Mellon UniversityJohn Cantwell, Rutgers Business SchoolJong-Rong Chen, National Central University, TaiwanCarsten Fink,
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■ Research Administrators■ Full-time faculty members of the Institute of Innovation Research ■ Visiting Professor Dr. Endo Akira IIR invited Dr. Endo Akira to join the faculty as a visiting professor in November 2009. Dr. Endo was a pioneer in the discovery and development of a series of new drug groups called statins, which are being taken by over 30 million people around the world each day as an effective medication for dyslipidemia (high blood cholesterol levels), one of the causes of arteriosclerosis and heart disease. For his work, Dr. Endo was awarded The Lasker Medical Research Award, a highly prestigious international honor, in 2008. As a key figure in the research under this program, Dr. Endo is engaged in research in the biotechnology and life sciences sector in cooperation with the Japan Pharmaceutical Manufacturers Association’s Office of Pharmaceutical Industry Research and the Japan Bioindustry Association. In addition to his research, he is newly participating in the research being conducted by
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■ Implementation system■ As a center for cooperation, conduct joint research to achieve synergy with both government agencies and the industrial sector.■ Form a global research network with overseas universities and international organizations that are at the forefront of global innovation research, and engage in research on innovation that sets a global innovation research standard.■ Conduct joint research with government agencies and industries, using an approach that achieves synergy with both sectors, by positioning IIR as a center for cooperation.■ Enable young researchers to participate in case studies and other research endeavors, and cultivate human resource through hands-on research training.■ Research the innovation process based on industry-academia-government collaboration. To achieve this goal IIR has entered into the following agreements and memoranda. (1) Agreement on Cooperation Between the Japan Bioindustry Association, Japan Pharmaceutical Manufacturers Association Office of Pharmaceutical Industry Research and Three Organizations on Industry-Academia-Government Collaboration Research Concerning the Process of Innovation in the Biotechnology and Life Science Sectors. (November 2008) (2) Memorandum Concerning Collaboration Research
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Research Areas and Projects■ Research areasIIR has entered into agreements and memoranda concerning joint research with collaborating institutions, including the industrial sector and government agencies, to create a framework for research cooperation (see “Implementation System”), and is conducting research in the following areas for each project.(1)Measurement of innovation processesGathering or developing original data to understand and analyze the mechanisms of knowledge fusion and knowledge creation, the realities of knowledge commercialization processes and other innovation processes.(2) Technology managementResearch on optimal approaches to technology management that will efficiently link research and development results to innovations, as a country or industrial sector as a whole.(3) Policies and systemsBased on the case studies, statistical database and international research described above, IIR is analyzing problems that form barriers to the creation of new industries and sustainable innovation in existing industries in Japan, and conducting research that will lead to novel proposals concerning the best approach for the design of future policies and systems.■ Research Project
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■ Background and purposeInnovation holds the key to Japan’s future economic growth. The process of innovation is highly complex, and accompanied by a social division of labor. To clarify measures that will effectively promote innovation in both the creation and application of knowledge, there is a need for systematic research into every process of innovation, from the accumulation of objective data and creation of ideas based on such data to their use. This research endeavor is pursuing research on innovation processes, including the mechanisms of knowledge creation and paths toward competition and cooperation in R&D, based on industry-academia-government collaboration (personnel exchanges, sharing of data and sharing of costs). Together with obtaining research results that set an international standard, the project seeks to embody its research results in novel policies and proposals for institutional reforms that will improve the technology management capabilities of government agencies and the industrial sector, and promote innovation.
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Program OverviewThe Institute of Innovation Research (IIR) initiated its Industry-Academia-Government Collaboration Research Program on Innovation Processes in FY2008, with support from the central government.■ Background and purpose Innovation holds the key to Japan’s future economic growth. The process of innovation is highly complex, and accompanied by a social division of labor. To clarify measures that will effectively promote innovation in both the creation and application of knowledge, there is a need for systematic research into every process of innovation, from the accumulation of objective data and creation of ideas based on such data to their use. This research endeavor is pursuing research on innovation processes, including the mechanisms of knowledge creation and paths toward competition and cooperation in R&D, based on industry-academia-government collaboration (personnel exchanges, sharing of data and sharing of costs). Together with obtaining research results that set an international standard, the project seeks to embody its research results in novel policies and proposals for institutional reforms that will
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