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1. Introduction
Pages 1-4

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From page 1...
... During the postwar period technology flow between the two countries has predominantly been in one direction-from the United States to Japan.' While many American observers believe that this was inevitable According to Japan's Management and Coordination Agency, during fiscal 1989 Japan's technology imports from the United States were valued at 210 billion yen ($1.6 billion at 130 yen per dollar) , while exports came to 108 billion yen ($828 million)
From page 2...
... Some commentators believe that foreign multinational corporations (MNCs) , including Japanese firms, that perform high value-added manufacturing and R&D in the United States can make a greater contribution to the American economy than U.S.-owned companies that transfer manufacturing and R&D overseas.4 For example, technology transfer to the United States might be accomplished if the American manufacturing facilities of Japanese firms utilize management practices associated with high productivity and the rapid assimilation of new technology in their Japanese operations.
From page 3...
... If Japanese investment leads to higher productivity through technology transfer, it would strengthen the case for continuing the generally open investment policies presently in place in the United States. But if Japanese FDI does not bring a significant inward technology flow or leads to an even greater imbalance in U.S.-Japan technology relations, then it would strengthen the case for at a minimum developing incentives for Japanese companies to transfer technology to the United States.
From page 4...
... Chaired by I.M. Destler, member of the Committee on Japan and Director of the Public Policy and Private Enterprise Program at the University of Maryland's School of Public Affairs, the workshop was designed to provide a forum to explore the aggregate data on Japanese investment and technology transfer, to consider the industryspecific evidence in semiconductors, consumer electronics and automobiles, and to examine the policy implications for the United States.


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