What is Essential is Invisible to the Eye : Industrial Policy as a Dynamic Interaction Process between Government and Firms

Yonekura, Seiichiro
『Asian Research Policy』 Vol. 6 Issue 1 1-27 （2015/07/20）

Effects of early patent disclosure on knowledge dissemination: evidence from the pre-grant publication system introduced in the United States

Okada, Yoshimi and Sadao Nagaoka
WP#15-12 Hitotsubashi University IIR （2015/07/10）

In order to assess the disclosure function of the patent system, this study examined the impact of the pre-grant publication system introduced in the United States in 2000. Unlike earlier studies, the applicant (inventor) non-self-citations (excluding examiner citations) were used to track knowledge flow. The causal effects of disclosu…

Analysing Japanese contractor activity on the basis of panel data

Konno, Yukiko
『Engineering, Construction and Architectural Management』 Vol. 22 No. 4 pp. 390 - 402 （2015/07/01）

Acquisitions, Productivity, and Profitability: Evidence from the Japanese Cotton Spinning Industry

Braguinsky, Serguey : Atsushi Ohyama : Tetsuji Okazaki : Chad Syverson
『American Economic Review』 Vol.105 No.7 （2015/07/01）

Management of science, serendipity, and research performance: Evidence from a survey of scientists in Japan and the U.S.

Murayama, Kota: Makoto Nirei: Hiroshi Shimizu
『Research Policy』 Vol.44 No.4 pp.862-873 （2015/05/01）

In science, research teams are increasing in size, which suggests that science is becoming more organisational. This paper aims to empirically investigate the effects of the division of labour in management and science on serendipity, which has been considered one of the great factors in science. Specifically, in examining the survey o…

An empirical analysis of the discontinuance of business for startup contractors and property companies in Japan

Konno, Yukiko
『Journal of Financial Management of Property and Construction』 Vol. 20 No. 1 pp. 50-64 （2015/04/01）

Exploring the Secrets of Transnational Startups: Border-crossing Strategies of China’s Wenzhou Entrepreneurs Drawing on Community Capital

Nishiguchi, Toshihiro: Motoko Tsujita
WP#15-05 (in Japanese) Hitotsubashi University IIR （2015/01/30）

Collaboration and Innovation Speed: Evidence from a Prize Data-Set, 1955-2010

Shimizu, Hiroshi : Yusuke Hoshino
WP#15-04 Hitotsubashi University IIR （2015/01/29）

The anecdotal evidence has indicated that inter-organizational collaboration increases R&D productivity by providing access to outside complimentary assets for firms. Focusing on the length of time from launching R&D project to realizing its R&D outcomes, we call it innovation speed, this paper examines a prize data-set on industrial t…

Bank capital shock propagation via syndicated interconnectedness

Nirei, Makoto : Julián Caballero : Vladyslav Sushko
BIS Working Papers No 484 Bank for International Settlements （2015/01/27）

Loan syndication increases bank interconnectedness through co-lending relationships. We study the financial stability implications of such dependency on syndicate partners in the presence of shocks to banks' capital. Model simulations in a network setting show that such shocks can produce rare events in this market when banks have shar…

AN INTERACTION-BASED FOUNDATION OF AGGREGATE INVESTMENT FLUCTUATIONS

Nirei, Makoto
『Theoretical Economics : journal of the Econometric Society』 forthcoming （2014/10/23）

This study demonstrates that the interactions of firm-level indivisible investments give rise to aggregate fluctuations without aggregate exogenous shocks. When investme…

Vectran:Development of High-Functionality Fiber and its Applications at Kuraray Co., Ltd.

Hori, Keisuke : Yusuke Hoshino : Hiroshi Shimizu
WP#14-06 Hitotsubashi University IIR （2014/10/16）

Default or exit? Empirical study on SMEs in the Japanese construction industry

Konno, Yukiko
『Construction Management and Economics』 Vol. 32 No. 10 pp. 1017-1029 （2014/10/01）

Japanese competitive bid entry qualifications: an examination of public works

Konno, Yukiko
『Construction Management and Economics』 Vol. 32 No. 10 pp. 957-967 （2014/10/01）

An empirical analysis of the exit of SMEs tendering for public works in the Japanese construction industry

Konno, Yukiko
『Journal of Financial Management of Property and Construction』 Vol. 19 No.2 pp.101-116 （2014/08/01）

An Index of R&D Productivity: To Estimate R&D Contribution for　Profit

Masami Asai
『PICMET』 2014 Proceeding 2558-2586 （2014/07/30）

Some indexes of R&D productivity have existed such as sales vs. R&D expense, operating　income vs. R&D expense, and they are used for relative evaluation among competitor…

Supply Chain Disruptions: Evidence from the Great East Japan Earthquake

CARVALHO,Vasco M. : Makoto Nirei : Yukiko Saito
RIETI Discussion Paper 14-E-035 Research Institute of Economy, Trade and Industry (RIETI) （2014/06/30）

This paper quantifies the spillover effect of exogenous shocks, such as earthquakes, on other firms through the supply chain network. Combining micro data on inter-firm transaction networks and geographic information systems, we examine firms' sales growth and transaction relationships outside the tsunami-hit areas before and after the…

An Economic Analysis of Deferred Examination System: Evidence from Policy Reforms in Japan

Yamauchi, Isamu : Sadao Nagaoka
WP#14-05 Hitotsubashi University IIR （2014/06/26）

We investigate how a deferred patent examination system promotes ex-ante screening of patent applications, which reduces both the number of granted patents and the use of economic resources for examinations, without reducing the return from R&D. Based on a real option theory, we develop a model of examination request behaviors. Exploit…

The Spillover Effects of Publicly Supported Private R&D: Analysis of NEDO Follow-up Survey Data

Matsushima, Kazunari : Yaichi Aoshima
WP#14-04 Hitotsubashi University IIR （2014/06/23）

Innovation creating economic values has become a vital issue due to severe global competition. Given such a circumstance, government funding has flowed not only into pu…

Margin Rate Rule: A New Drug Pricing Policy in Japan

Tamura, Masaoki
WP#14-03 Hitotsubashi University IIR （2014/06/18）

This article theoretically evaluates the drug pricing policy in Japan and suggest an alternative more efficient policy. The Japanese current pricing rule “R2 rule” cause…

Wenzhou Entrepreneurs' Community: Their Networks and Social Capital

Nishiguchi, Toshihiro: Motoko Tsujita
WP#13-28 (in Japanese) Hitotsubashi University IIR （2014/03/31）