The aftermath of the dissolution of Zaibatsus, the Japanese combines: A study of the post-war development of monopoly in Japan. - Page 142 |
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132 safest way to make money out of an unexploited foreign market. Further, there are many instances where controlling shares of Japanese firms were acquired by foreign businesses in exchange for such techniques and patents because such Japanese firms were unable to make the very big initial payment and royalty payment. The cases of acquisition by foreign businesses of the shares of Japanese firms for control purposes are not so many in number except in a few but important fields of industry. These fields are petroleum refining, aluminum, and rubber industries. These fields are undoubtedly under the control or strong influence of foreign capital. As another peculiar feature of the penetration, one might point to the fact that the United States government*s offshore procurement effected in Japan and the procurement by the Japan Defense Force have greatly facilitated, and are still facilitating, the permeation of foreign businesses into Japanese economy in the form of technical investment. The United States Forces* specifications are used to a great extent in such procurement, and, in many eases, only the manufacturers who have acquired the necessary patents, technical knowledge, or other forms of assistance from United States manufacturers concerned can
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Title | The aftermath of the dissolution of Zaibatsus, the Japanese combines: A study of the post-war development of monopoly in Japan. - Page 142 |
Repository email | cisadmin@lib.usc.edu |
Full text | 132 safest way to make money out of an unexploited foreign market. Further, there are many instances where controlling shares of Japanese firms were acquired by foreign businesses in exchange for such techniques and patents because such Japanese firms were unable to make the very big initial payment and royalty payment. The cases of acquisition by foreign businesses of the shares of Japanese firms for control purposes are not so many in number except in a few but important fields of industry. These fields are petroleum refining, aluminum, and rubber industries. These fields are undoubtedly under the control or strong influence of foreign capital. As another peculiar feature of the penetration, one might point to the fact that the United States government*s offshore procurement effected in Japan and the procurement by the Japan Defense Force have greatly facilitated, and are still facilitating, the permeation of foreign businesses into Japanese economy in the form of technical investment. The United States Forces* specifications are used to a great extent in such procurement, and, in many eases, only the manufacturers who have acquired the necessary patents, technical knowledge, or other forms of assistance from United States manufacturers concerned can |