2014 年 33 巻 2 号 p. 99-105
Effects of Innovation are to be measured by increases of Total Factor Productivities (TFP) . Has Japan succeeded to raise its TFP during the lost 2 decades?
Unfortunately, Japan’s current “Lost 2 Decades” have been the results of what we have been continuously missing it. We at Japan are in the midst of maturing economy, while Asian emerging economies, our nearest neighbors, have shown very strong growths for more than a decade. To raise our TFP, i.e. to achieve the enhancement of innovations is indispensable to take advantage of the growths of Asian emerging economies.
To enhance overall innovations is nothing but “Carrying Out of Various New Combinations rather than the introduction of new products”. Enhancement of innovation does mean to increase values added to meet users’ needs and wants through New Combinations. New Combinations of secondary and tertiary industry could create and deliver new values to both emerging and domestic markets. The following papers attempt to challenge to it and to indicate us a new concept “The Fusion Create New Values”