SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 75.46-3.7%Nov 20 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Wyätt Gwyön who wrote (42351)11/6/2000 1:26:37 PM
From: Lizzie Tudor  Read Replies (1) of 77400
 
R&D spending as a percentage of GDP is higher in Japan than in the US.

That doesn't matter. The "technical people" aren't empowered (broad general term, I know).

I'm not an economist, and as I said in my post its just one theory on my part as to whats wrong with Japan. Really a mindset thing, thats hard to pin down, but having worked with some Japanese companies in the past I'm convinced its there. They need to flatten out their corporate structure, get rid of the excessive do nothing executives at the top that sit around and play golf all day, and incent the creative ranks (senior engineers) with something other than lifetime employment.

One thing that would make me think Japan might be ready to compete as a tech power is if the number of "new starts" in companies registering goes up ten fold or so. This would mean some really talented engineers are setting up shop as independents, that would be meaningful. But Japan as far as I know remains a big company mentality and we know how stifling that is even in the US.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext