Published online by Cambridge University Press: 11 June 2012
Tradtional Japanese disdain for business was overcome by making industrialization synonymous with the esteemed value of public service in the face of foreign economic competition. The alien corporate form of organization was made palatable by characterizing it as a family group which attracted traditional loyalties. Professor Hirschmeier attributes Japan's rapid industrialization at the turn of the century and her remarkable recovery after World War II to such pragmatic social compromises and uses them to identify and explain a uniquely Japanese “spirit of enterprise.”
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