Management of Innovation Strategy in Japanese Companies

Traditionally, innovation has been considered difficult to manage, as it occurs through contingent discoveries and inventions. For effective innovation management, it is necessary to determine what provides new value to customers and achieve this new value efficiently, while solving the technical problems. This book explores how innovation management for industrial revitalization and activation are conducted in Japanese companies. "Innovation" has diverse definitions, but the editors of this book have adopted the one proposed by J A Schumpeter. The features of innovation management in Japanese companies are considered systematically in the book. Positive analyses using questionnaires and innovation management strategy in individual industries and companies is also explored in detail.

Contents:

• Management of Innovation Strategy and Management Control:

  • Strategic Management and Profit Creation in the Context of Innovation: The Management of Innovation Value Chains (Kazuki Hamada)
  • Idea Decision-Making for Innovation: How Can Good Ideas be Discovered Organizationally? (Takeshi Ito)
  • Management Control System to Promote Innovation and Corporate Venturing (Katsuhiro Ito)
  • Do Management Control Systems Really Contribute to Product Innovation? (Kazunori Fukushima)
  • Solving the Wage Differentials Throughout the Supply Chain by Collaborative Innovations for Changing the Parts Prices and Costs (Yasuhiro Monden)
  • The Inherent Roles of Management Accounting for Promoting Innovation: The Case of Material Flow Cost Accounting (Tatsumasa Tennojiya)

• Considerations of Innovation Management From the Perspective of Individual Industries and Companies:

  • Innovation Strategies and Segment Reporting: A Case Study of Corporate Electronics Groups in Japan (Shufuku Hiraoka)
  • Front Loading: Key Concept of Strategy for Business Innovation in Japanese Automobile Industry (Noriyuki Imai)
  • Changes in Product Development Approaches and Target Costing (Naoya Yamaguchi)
  • Organizational Learning via Strategy Formulation and the Role of MCS in That Process: The Case of Kikkoman Corporation (Junji Fukuda)
  • Management Control Systems and Innovation: The Case of Micro-Profit Centers (Yuichi Kubota)

• Related Topics in Business Administration and Management Accounting:

  • Intrinsic and Extrinsic Motivation Viewed from HRM: Based on a Questionnaire Survey of Regular Employees in Middle-Ranking Companies in the Tokyo Area (Eiji Okamoto)
  • Japanese Multinational Enterprises' Preventive Actions Against Transfer Pricing Taxation (Koji Umeda)
  • Economic Analysis of Strategy Risk and Transaction Cost: The Case of an Air Transportation Company (Chiungfeng Ko)

Readership: Students and professionals who are interested to find out how innovation management is conducted in Japanese companies.