Manufacturing Technology Transfer

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Overseas Expansion and Technology Transfer

After the collapse of the bubble economy in the early 1990s, Japan entered a long continuing recession. However, through various efforts by companies, domestic business recovered. After a lowest point in 2002, it eventually surpassed the levels seen in the miraculous expansion (the Izanagi Keiki) of November 1965–July 1970. One effort was the shift of manufacturing by Japanese companies to overseas, especially to South East Asia and China. Companies took this risk in order to survive. They invested in ...