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1 Introduction
Pages 20-25

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From page 20...
... On the microeconomic side, American companies and industries that had once led the world experienced significant erosion of domestic market share by imports, resulting in plant closings, layoffs, and demands for trade protection. The comforting belief that the United States could rely on its preeminence in high technology to fuel growth in new, high-value-added industries was shaken when the U.S.
From page 21...
... Possessing a highly skilled and cooperative work force and an effective government-industry partnership, including financial and regulatory structures, Japanese industry appeared to move from strength to strength during the 1970s and 19SOs. Japan's major manufacturing industries became leading world exporters, with gains in the export of high-technology products originally developed in the United States especially conspicuous.
From page 22...
... Japanese companies have not yet made significant inroads in high-technology industries that had been the focus of Japanese government policies and corporate strategies during the 19SOs, such as biopharmaceuticals. Japanese companies have not gained significant ground overall in the computer and software industries, despite persistent efforts and success in certain segments such as games software.
From page 23...
... and Sangyo Gijutsu Shingikai Sogo Bukai Kikaku Iinkai (Industrial Technology Advisory Committee, Planning Subcommittee) , Kagaku GVutsu Sozo Rikloku e no Michi o Kirihiraku Shiteki Shisan no Sozo, Katsuyo ni Mukete (Clearing a Path Toward a Nation Based on Creative Science and Technology, Toward Creating and Utilizing Intellectual Assets)
From page 24...
... economy to produce advances in productivity have subsided to some extent, the questions first raised in the 1980s over whether the United States could create and maintain high-paying, stable employment in an increasingly competitive global economy have reasserted themselves. The committee believes that this is the clearest challenge facing the United States-creating and maintaining an economy and enterprises that generate good jobs and a high standard of living over the long term by sustaining a well-funded and innovative science and technology base.
From page 25...
... science and technology relationship with Japan with implications for how the United States government, industry and research institutions should approach international relationships in the future? How should the United States build science and technology links with key individual countries and regions, most importantly Japan but also including China and other emerging Asian economies?


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