Why has Japanese Global Competitiveness Been Declining in the Automobile Industry? Comparative Analysis of Korea

The paper is to study the reasons why global competitiveness of Japanese industry has weakened significantly in automobile industry. Four leading causes will be analyzed weaken regarding technical, market, policy, and corporate factors. Above all, human element, which consisted dynamics entrepreneurs, workers, experts, politicians, administrative bureaucrats, most critical analyzing factors each In Japan, workers experts were responsible for technology transfer within Japan was far ahead Korea technological equipment, but there frequent cases leaking. automakers’ entrepreneurs failed quality management overseas workforce while promoting a growth-centered strategy, resulting massive recall 2009. As industry, been due inability technicians supply an cope with boom period worldwide market. addition, politicians via government's industrial support or played inevitable role enhancing early development. incumbent, formed ecosystem pursuing development through government-led policy. Thus, when economy came into recession, especially macroeconomic stagnation, should have timely action policy at government level. With products, market booming depressed that time, along strategic develop sector maintain its competitiveness. take advantage wrong choice investment and, thus, caused lessen gap Korea. reduction cost decided by as one main factors, explained detail factor internal cause, noteworthy among four weakening biggest reason Toyota lost competitiveness, mainly it made small investments during periods, delayed investments, impractical strategies significant periods. technology, are because necessary-to-sufficient relationship reduction. decision-making process Motors would avoided arena.