This paper examines the economic impact of re-invention -- the degree to which an innovation is modified by user -- on industry growth and productivity. The paper focuses on two re-inventions made by a Japanese steel company; these inventions improved the productive efficiency of Austrian-made...

This paper examines intra-plant diffusion of new technology in the Japanese steel industry. The introduction of the basic oxygen furnace (BOF) was the greatest breakthrough in steel refining in the last century. Using unique panel data, the paper estimates total factor productivity by technology...

This report summarizes main results from the questionnaire concerning industrial electricity demand conducted to individual Japanese factories located in the Kanto and Kinki regions in the fall of 2012. The questionnaire is particularly interested in evaluating a new price scheme for the purpose...

This paper examines the impact of new technology on plant-level productivity in the Japanese steel industry during the 1950's and 1960's. We estimate the production function, considering the differences in technology between the refining furnaces owned by a plant. We find that a more productive...

The role of R&D diversification has been explained by the fact that there exist knowledge spillovers among research programs within a firm. However, the benefit from diversification is not ensured by internal spillovers only. Knowledge can spill over not only within a firm, but also across...