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- W2071195280 abstract "Vertical keiretsu, characterized by suppliers' willingness to make customized investments, their long-term relationships with manufacturers and financial as well as personal ties between them, had been recognized as an important source of strength in Japanese industries. Our model predicts that, in contrast to the recent popular argument, the information-technology revolution can strengthen several aspects of vertical keiretsu. This is because the efficiency of designing customized parts is significantly enhanced if suppliers undertake a substantial level of IT investments such as the introduction of 3D CAD systems, and the customized nature of such investments could reduce the number of potential suppliers. Our interviews with Japanese manufacturers provide a support to this prediction." @default.
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- W2071195280 date "2004-12-29" @default.
- W2071195280 modified "2023-09-26" @default.
- W2071195280 title "Impacts of the Information-Technology Revolution on Japanese Manufacturer-Supplier Relationships" @default.
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