Zysman's 1987 publication, Manufacturing Matters: The Myth of the Post-Industrial Economy (with Stephen S. Cohen), was identified by Business Week as one of the year's top ten books. Since his book Manufacturing Matters, Zysman has significantly redefined the understanding of how different sectors interact in the global division of labor, and how technology dynamics and political economy link. This has made him a key advisor and frequent speaker to governments, non-governmental organizations and corporations in Europe, Asia and the US on how to deal with globalization and how to enhance competitiveness.
In economics, a free market is an economic system in which the prices of goods and services are determined by supply and demand expressed by sellers and buyers. Such markets, as modeled, operate without the intervention of government or any other external authority. Proponents of the free market as a normative ideal contrast it with a regulated market, in which a government intervenes in supply and demand by means of various methods such as taxes or regulations. In an idealized free market economy, prices for goods and services are set solely by the bids and offers of the participants.
Regulation is the management of complex systems according to a set of rules and trends. In systems theory, these types of rules exist in various fields of biology and society, but the term has slightly different meanings according to context. For example:
Industrial policy is government policy to encourage the development and growth of all or part of the economy in pursuit of some public goal. Historically, it has often focused on the manufacturing sector, militarily important sectors, or on fostering an advantage in new technologies. In industrial policy, the government takes measures "aimed at improving the competitiveness and capabilities of domestic firms and promoting structural transformation". A country's infrastructure is a major enabler of industrial policy.
Race to the bottom is a socio-economic phrase to describe either government deregulation of the business environment or reduction in corporate tax rates, in order to attract or retain economic activity in their jurisdictions. While this phenomenon can happen between countries as a result of globalization and free trade, it also can occur within individual countries between their sub-jurisdictions. It may occur when competition increases between geographic areas over a particular sector of trade and production. The effect and intent of these actions is to lower labor rates, cost of business, or other factors over which governments can exert control.
Laura D'Andrea Tyson is an American economist and university administrator who is currently a Distinguished Professor of the Graduate School at the Haas School of Business of the University of California, Berkeley and a senior fellow at the Berggruen Institute. She served as the 16th Chair of the White House Council of Economic Advisers from 1993 to 1995 and 2nd Director of the National Economic Council from 1995 to 1996 under President Bill Clinton. Tyson was the first woman to hold each of those posts. She remains the only person to have served in both posts.
Government-business relations are conducted in many ways and through numerous channels in Japan. The most important conduits in the postwar period are the economic ministries: the Ministry of Finance and the Ministry of Economy, Trade and Industry. The Ministry of Finance has operational responsibilities for all fiscal affairs, including the preparation of the national budget. It initiates fiscal policies and, through its indirect control over the Bank of Japan, the central bank, is responsible for monetary policy as well. The Ministry of Finance allocates public investment, formulates tax policies, collected taxes, and regulates foreign exchange.
Two or more corporations have interlocking directorates when they share members of their boards of directors or each shares directors with a third firm. A person that sits on multiple boards is known as a multiple director. Two firms have a direct interlock if a director or executive of one firm is also a director of the other, and an indirect interlock if a director of each sits on the board of a third firm.
Developmental state, or hard state, is a term used by international political economy scholars to refer to the phenomenon of state-led macroeconomic planning in East Asia in the late 20th century. In this model of capitalism, the state has more independent, or autonomous, political power, as well as more control over the economy. A developmental state is characterized by having strong state intervention, as well as extensive regulation and planning. The term has subsequently been used to describe countries outside East Asia that satisfy the criteria of a developmental state. The developmental state is sometimes contrasted with a predatory state or weak state.
The Conference Board, Inc. is a 501(c)(3) non-profit business membership and research group organization. It counts over 1,000 public and private corporations and other organizations as members, encompassing 60 countries.
David John Teece is a New Zealand-born US-based organizational economist and the Professor in Global Business and director of the Tusher Center for the Management of Intellectual Capital at the Walter A. Haas School of Business at the University of California, Berkeley.
The digital economy is a portmanteau of digital computing and economy, and is an umbrella term that describes how traditional brick-and-mortar economic activities are being transformed by the Internet and World Wide Web technologies.
The National Development and Reform Commission (NDRC) is the third-ranked executive department of the State Council of the People's Republic of China, which functions as a macroeconomic management agency. Established as the State Planning Commission, the NDRC has broad administrative and planning control over the economy of mainland China, and has a reputation of being the "mini-state council".
David C. Mowery is the William A. & Betty H. Hasler Professor of New Enterprise Development at the Walter A. Haas School of Business, University of California, Berkeley. He earned a BA, an MA, and a Ph.D. in economics, each from Stanford University. He began his teaching career as an assistant professor in the Social and Decision Sciences Department, Carnegie-Mellon University in 1982, being promoted to associate professor prior to moving to UC Berkeley in 1988. He has also served as Assistant to the Counselor, Office of the United States Trade Representative and a Fellow at the Council on Foreign Relations.
The University of California, Berkeley, contains many research centers and laboratories.
The "Graduate Business Forum" (GBF) is a United States based non-profit foundation, best known for its annual global Graduate Business Conference. The conference brings together top business leaders, political leaders, governments and selected students from the top 55 MBA Business Schools in the world to exchange the ideas about best practices on "Student-Government Corporate Social Responsibility (CSR)", "Community Services" and to discuss the "Most Challenging Issues" facing the world from the perspective of a responsible leadership. The Forum also organizes a series of regional meetings throughout the year.
Steven Kent Vogel is an American academic, journalist, author and political scientist. He is Professor of Political Science, University of California, Berkeley. His father was the late Ezra Vogel. His mother was the late Suzanne Hall Vogel.
Ulrike Schaede (ウリケ・シェーデ) is Professor of Japanese Business at the School of Global Policy and Strategy (GPS) at the University of California, San Diego. She is a leading scholar of global business and Japan and conducts research on Japanese business organizations and business strategies, including management and employment practices, supply chains, and Japan’s ongoing business transformation. She has also published on Japan's industrial groups and political economy, antitrust, financial system and corporate governance, entrepreneurship and innovation She is the Founding Director of the Japan Forum for Innovation and Technology (JFIT) and head of the International Management track at GPS. She has written nine books and over 50 articles on Japanese corporate strategy, business and management. Her current interest is the changing business models of large Japanese companies and their pursuit of a “Mainoumi” – a concept she developed in her 2020 book “The Business Reinvention of Japan." She is a fellow at the Mitsubishi Research Institute and an advisor to the Life Science Innovation Network Japan. She also serves as an advisory board member at the IGPI Group, Japan, and the National Bureau of Asian Research.
Mariana Francesca Mazzucato is an Italian–American-British economist and academic. She is a professor in the Economics of Innovation and Public Value at University College London (UCL) and founding director of the UCL Institute for Innovation and Public Purpose (IIPP). She is best known for her work on dynamics of technological change, the role of the public sector in innovation, and the concept of value in economics. The New Republic have called her one of the "most important thinkers about innovation".
Clair Brown is an American economist who is Professor of Economics and Director of the Center for Work, Technology, and Society at the University of California, Berkeley. Brown is a past Director of the Institute of Industrial Relations (IRLE) at UC Berkeley. Brown has published research on many aspects of how economies function, including high-tech industries, development engineering, the standard of living, wage determination, poverty, and unemployment.
Abraham L. Newman is an American political scientist and professor in the Edmund A. Walsh School of Foreign Service and Government Department at Georgetown University. His research focuses on the ways in which economic interdependence and globalization have transformed international politics. His work has appeared in publications such as the Financial Times, Foreign Affairs, and The New York Times.
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