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156 their policy environment and the roles played by both the state and private sector. Finally, he presents a balanced assessment of the potential of industrial policy for specific high technology industries. A recurring theme, and also one of the particular strengths of Okimoto's work, is his genuine attempt and apparent success to deal effectively with the "politics" of high technology industrial policy, particularly at the bureaucratic, domestic, and to some degree, at the international level. It is precisely here where Okimoto's capable analysis distinguishes itself from much of the other findings available on the subject. Okimoto also demonstrates why and how functional change over time has greatly affected the political and economic environment in which industrial policy must oper- ate. For example, he contends that the motivational basis for MITI's high-technology industrial policy is quite complex and goes well beyond concerns for industrial effi- ciency, structural coherence and effectiveness. Okimoto argues that industrial policy for high technology clearly must be seen in its political dimension as a lever of MITI's power vis-a-vis rival ministries, the LDP, and the private sector. Still more important perhaps is Okimoto's observation that industrial policy cannot be easily discarded, even in a
Journal of Asian and African Studies (in 2002 continued as African and Asian Studies) – Brill
Published: Jan 1, 1992
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