William V. Rapp

Contact Info

Title: Research Professor International Business
Email: william.v.rapp@njit.edu
Office: 3020 CAB
Hours: During Summer please e-mail for an appointment. Fall 2016 Fri 3:45-5:45PM
Phone: 973-596-6414
Dept: Martin Tuchman School of Management
Webpage: http://web.njit.edu/~rappw/
About: 

About Me

 

Dr. Rapp is the first Henry J. Leir Professor of International Trade and Business at The New Jersey Institute of Technology’s Martin Tuchman School of Management and Director of the Leir Center for Financial Bubble Research.

He has had an extensive international career in academia, business and government and joined NJIT after completing a year in Japan as a Fulbright Scholar and APSIA Visiting Professor at Ritsumeikan University in Kyoto. While in Kyoto, he assessed the political economic impact of Japan’s rapidly aging population while lecturing on the Asian Financial Crisis and the History of Investment Banking. Dr. Rapp has been the Chair in Economic Relations with Japan and International Business at the University of Victoria in Canada, Director of Yale’s International Relations Program, a Senior Research Fellow at Columbia University's Center on Japanese Economy and Business and its East Asian Institute, and the Toyota Visiting Professor of International Business at Columbia. He continues as a Senior Research Associate at Columbia where he has directed two multi-year projects under grants from the US-Japan Friendship Commission and the Sloan Foundation examining US, EU and Japanese firms’ use of information technology to improve global competitiveness.

Before entering into fulltime teaching and research, Dr. Rapp was active in business and government as Executive Director for Bank of America's Corporate Finance Group in Tokyo responsible for North Asia, Vice President at Mitsui Nevitt Capital Corporation in charge of Mergers and Finance, and Commercial Counselor at the US Embassy in Tokyo. Prior to his leave with the Federal Government, he was group head Bank of America's Project Finance Section for Mining and Minerals worldwide and a Vice President with JP Morgan. Earlier in his career he was a consultant with the Boston Consulting Group in Boston and Tokyo, an adjunct professor at NYU and Fordham Universities, and an economist for AID in Korea and Vietnam. Elected a director of the Japan Fund in 1991, he continued in this capacity until 2005 and was a member of the executive, audit and valuation committees. He was a board member of the Association of Japanese Business Studies from 2003-2005.

Education

 

• L.L.M. in Taxation, New York University, 2011 (Law School)
• J.D., Pace University, 2008 (Law School)
• M.A., Stanford University, 1970 (Japanese Studies)
• Ph.D., Yale University, 1966 (Economics)
• M.A., Yale University, 1962 (Economics)
• B.A., Amherst College, 1961 (Economics)
 

Honors & Awards

 

PROFESSIONAL AWARDS

• APSIA Visiting Professor
• Fulbright Scholar, NJ-I Tower 2001 grant recipient
• 2003 recipient of Strategic Information Technology award of Stillman School of Business, Seton Hall University
• NJPRO Foundation for book, Information Technology Strategies, merit scholarship and J.D. with Honors, Pace Law School 2008
• Admitted New York State and Connecticut State Bars 2010.
 

PROFESSIONAL ASSOCIATIONS

• Royal Economics Society
• American Bar Association
• Association of Japanese Business Studies (prior board member & reviewer)
• Westchester Bar Association
• New York City Bar Association
• NY State Bar Association
• Academy International Business

 

Teaching: 

Courses Taught

 

• International Trade and Monetary Policy
• International Business
• Managing Intellectual Property
• Japanese Business
• International Finance (undergraduate and graduate)
• Money and Banking
• Introductory Economics
• Competing in Global Industries
• Applied Micro and Macro Analysis
• Applied International Economic Analysis
• History Investment Banking
• Information Technology Strategy
• Strategic Management
• Global Macroeconomics

 

Research: 

Research Interests

 

• Financial Bubbles and how to create a sustainable advantage in a global environment
• Corporate finance
• International financial institutions
• Financial strategies
• Technology as a strategic variable
• International economic policy and business
• Intellectual property and international economic policy
• Technology and industry transfer
• Trade and investment flows
• Evolving competition and competitive development
• Product cycle evolution within and between industries
• Strategic trade policy
• Global software industry
• Asia - Pacific economic relations and contemporary Japanese economy
• Export led growth model in Pacific Basin economies
• Divergence of Japanese corporate strategies and government policies in trade
• FDI and industrial policy
• Japanese financial markets and institutions: their global relationships and competitive dynamics
• Competitive interaction Japanese firms and foreign companies
• Impact of Aging Populations on MNC strategies and government policies, and Software and  financial services
 

Publications: 

Publications & Projects

BOOKS

2013 – ed. Boil, Bubble, Toil And Trouble: An Analytical Exploration Of Bubbles, Kindle Direct Publishing & Createspace, Seattle, WA.

2004 – Information Technology Strategies: Oxford Press, 2d printing with revisions; initial version Summer 2002. How leading firms use IT to gain advantage, (Book based Sloan case studies). Award Stillman School of Business 2003.

2003 - Seiko Kigyo No IT Senryaku, updated and substantially revised version IT strategy book published in Japanese by Nikkei Business Publishing, Tokyo

MONOGRAPHS

1995 – The Future Evolution of Japanese-US Competition in Software: Policy Challenges and Strategic Prospects, Final Report Japan-US Friendship Commission, Columbia University.

1967 – Park, et al, Effective Protective Rates for Korean Industries, Korean Development Institute, Seoul, Korea.

1966 – "A Theory of Changing Trade Patterns Under Economic Growth: Tested for Japan," Yale Economic Essays, New Haven, Conn., Fall 1967, pp. 69-135.

ARTICLES PUBLISHED:

2016_, “In The Eye Of The Storm”, Working Paper Series, Columbia University Center For Japanese Economy And Business, NY

2014_, “Bank Regulation In Era Of Globalization And Financial Bubbles,” Proceedings Northeast Business And Economics Association, Monmouth, NJ (refereed)

_, Montana, P.,” Strategies For Aging America Given Seniors Should Work,” Journal Of Strategic and International Studies, Vol. IX, No. 5, 2014, ISSN 2326-3636, pp 77-89, ISIS Printing House, FL (refereed)

_,”International Product Cycles, East Asian Growth, And Effect MNE Strategies,” Vol. IX, No. 4, 2014, ISSN 2326-3636 pp 69-75, ISIS Printing House, FL (refereed)

_, “Risk Management And Contractual Obligations,” in Milos, D. ed. Risk Management: Strategies for Economic Development and Challenges in the Financial System, Nova Science, Hauppauge, NY (invited by editor)

Notes 3rd Leir Conference held at Leir Retreat in Ridgefield, CT September 2013 on “Examination 1929, Japan 1980s and Dot.Com Boom and Bust,” posted on www.leirbubblecenter.org.

2013_, “Notes On Leir Conference On Bubbles and Government Policy,” posted notes

from 2nd Bubble Conference held at Leir Retreat in Ridgefield, CT September 2012. www.leirbubblecenter.org.

_, “Everything is Not a Bubble,” in Rapp, W. ed. Boil, Bubble, Toil And Trouble: An Analytical Exploration Of Bubbles, Kindle Direct Publishing, Seattle, WA.

_, “Bubbles In Law,” in Rapp, W. ed. Boil, Bubble, Toil And Trouble: An Analytical Exploration Of Bubbles, Kindle Direct Publishing, Seattle, WA.

_, D. Viola, & R. Mehta, “Marketing Bubbles,” in Rapp, W. ed. Boil, Bubble, Toil And Trouble: An Analytical Exploration Of Bubbles, Kindle Direct Publishing, Seattle, WA.

_, & M. Ehrlich, “Structured Investment Vehicles,” in Rapp, W. ed. Boil, Bubble, Toil And Trouble: An Analytical Exploration Of Bubbles, Kindle Direct Publishing, Seattle, WA.

2012_, “Everything is Not a Bubble,” IABPAD Conference Proceedings, LA (refereed). A version of this paper is also posted as Working Paper #11 on the Leir Bubble Center website, www.leirbubblecenter.org.

_, “Blog Chicago Fed Economic Outlook Symposium,” Leir Bubble Center, www.leirbubblecenter.org

_, “Notes On Leir Bubble Conference,” www.leirbubblecenter.org, posted notes from first Bubble Conference held at Leir Retreat in Ridgefield, CT September 2011.

2010_, “The Lawyers and the Meltdown: The Role of Lawyers in the Current Financial Crisis,” International Finance Review, Vol. 11, S. J. Kim and M. D. Mckenzie, ed., Emerald Publishing, U.K. pp. 135-166 (refereed)

_, “The Global Mortgage Crisis Litigation Fallout,” in After the Crisis: Rethinking Finance, Thomas Lagoarde-Segot, ed., Nova Science Publishers, Inc., Hauppauge NY pp. 47-80 (refereed)

_, “2007-2009 Financial Meltdown,” in Booms and Busts: An Encyclopedia of Economic History from the First Stock Market Crash of 1792 to the Current Global Economic Crisis, Mehmet Odekon, Ed., M.E. Sharpe, Armonk, NY

2009_, Clash Of Titans - The Barclays V Bear Stearns Case And The Current Financial Crisis,” Proceedings Association For Global Business, 21st Conference, November (refereed)

_, The Kindleberger-Aliber-Minsky Paradigm And The Global Subprime Mortgage Meltdown,” Critical Perspectives on International Business, Volume 5 Issue 1/2 (refereed).

This also won 2010 Stillman School of Business Award for best Finance paper. It is also available for download from the Leir Bubble Center website, www.leirbubblecenter.org as Working Paper #1.

_, “Prosecuting Mortgage Fraud,” Proceedings McMaster Global Conference, (refereed)

2008_, “The Kindleberger-Aliber-Minsky Paradigm And The Global Subprime Mortgage Meltdown,” Review of Business and Technology Research, Vol. 1, No. 1, 2008 (refereed)

 _, R. Mehta, C. Hopkins, J. McHugh, “Toyota Motor Company: An Environmental and Strategic Marketing Assessment for Hybrid and Renewable Energy Resource Automobiles”, The International Journal of Technology, Knowledge and Society, Volume 4, 2008 (refereed)

_, Review, “The Electronic Evidence and Discovery Handbook,”, Vol. 1, No. 1, 2008 (refereed)

2007 _, “Hydrocarbons to Hydrogen: Toyota’s Long-term IT-based Smart Product Strategy,” Business Review, Journal Of The American Academy Of Business, Cambridge, Summer (refereed)

2006 _, R. Wankadia and Rajiv Mehta, “Dendrite International, Inc.: Entering the Central and East European Market,” E-Business Review, Vol. VI (refereed)

_, and Mazhar Islam, “Japanese Mini-Banks: Retail Banking Services through Convenience Stores,” Asian Business & Management, Palgrave Macmillan, Vol. 5 (refereed)

_, “Hydrocarbons to Hydrogen: Toyota’s Long-term IT-based Smart Product Strategy,” Society for Advancement of Management, Proceedings International Conference On Sustaining A Competitive Edge, Texas (refereed)

2004 _, and Hemalatha Subramanian, “Leveraging IT As A Core Competency To Enter New Businesses: The UPS Case,” Business Review, Journal Of The American Academy Of Business, Cambridge, October (refereed)

_, and  Mazhar ul Islam, “JAPANESE MINI BANKS: Retail Banking Services through Convenience Stores,” Proceedings  of the Association of Japanese Business Studies Conference, Stockholm, Sweden (refereed)

_, The MIT Sloan Management Review, condensed version of “Putting E-Commerce to Work: The Japanese Convenience Store Case,” (article written with Mazhar ul Islam), Spring 2004 issue. (selected by MIT Management Review)

2003 _, Review, Beyond the Dot.Com's, The Economic Promise of the Internet. IEEE Transactions on Engineering Management, Vol. 50, No. 4. 

_, and Mazhar ul Islam, “Putting E-Commerce to Work: The Japanese Convenience Store Case,” Annual Publication, American Society for Competitiveness, Washington, DC, October, (refereed)

_, and Mazhar ul Islam, “Putting E-Commerce to Work: The Japanese Convenience Store Case,” Working Paper of Center on Japanese Economy and Business, Columbia University, NY

_, and Mazhar ul Islam, “Japanese Convenience Stores And Telematics Another Approach to Capturing E&M-Commerce Advantages,” Proceedings Hawaii Conference on International Business, Honolulu (refereed)

_, and Mazhar ul Islam, “JAPANESE CONVENIENCE STORES’ Telematic Approach to Gaining an E-Commerce Advantage,” Proceedings Association of Japanese Business Studies Conference, Montreal, Canada (refereed)

_, and Mazhar ul Islam, “An E-Commerce Alternative: Japanese Convenience Stores, E-Retsus, and Telematics – Gaining an Advantage in E&M Commerce,” Proceedings 9th Industrial, Engineering and Management Systems Association Conference, Orlando, FL (refereed)

2002_, and Mazhar ul Islam, Japanese Convenience Stores And E-Retsus: An Alternative Approach to Capturing an E-Commerce Advantage,” Proceedings Asian Institute of Technology Conference on IT, Bangkok (refereed)

_, Review of the Rice Paper Ceiling, Pacific Affairs, Summer

2001 _, “NOMURA RESEARCH INSTITUTE: Gaining and Sustaining Long-term Advantage Through Information Technology,” Working Paper of Center on Japanese Economy and Business for Columbia Sloan Foundation Project: Use of Software to Achieve Competitive Advantage, Columbia, NYC

_, “Nationwide Financial Services: Gaining and Sustaining Long-term Advantage Through Information Technology,” Working Paper of Center on Japanese Economy and Business for Columbia Sloan Foundation Project: Use of Software to Achieve Competitive Advantage, Columbia, NYC

_, “Nomura Research Institute: Success by Assisting Others to Gain and Sustain Long-term Advantage Through Information Technology,” Proceedings Association Of Japanese Business Studies Conference, June (refereed)

2000 _, “Steel: Nippon Steel, K.K. – Gaining and Sustaining Long-term Advantage Through Information Technology”, Working Paper of Center on Japanese Economy and Business for Columbia-Yale Sloan Foundation Project: Use of Software to Achieve Competitive Advantage, Columbia, NYC

_, “Steel: Tokyo Steel, K.K. – Gaining and Sustaining Long-term Advantage Through Information Technology”, Working Paper of Center on Japanese Economy and Business for Columbia Sloan Foundation Project: Use of Software to Achieve Competitive Advantage, Columbia, NYC

_, Nobuhiko Hibara, “Food Retailing: Ito-Yokado Group - Sustaining Long-term Advantage Through Information Technology”, Working Paper of Center on Japanese Economy and Business for Columbia Sloan Foundation Project: Use of Software to Achieve Competitive Advantage, Columbia, NYC

_, “Automobiles: Toyota Motor Corporation: Gaining and Sustaining Long-term Advantage Through Information Technology,” Working Paper of Center on Japanese Economy and Business for Columbia Sloan Foundation Project: Use of Software to Achieve Competitive Advantage, Columbia, NYC

_, “International Retail Banking: The Citibank Group, Gaining and Sustaining Long-term Advantage Through Information Technology,” Working Paper of Center on Japanese Economy and Business for Columbia Sloan Foundation Project: Use of Software to Achieve Competitive Advantage, Columbia, NYC

1999 _, Review Japan’s Technical Standards: Implications for Global Trade and Competitiveness, Journal of Asian Business, Vol 15 No 3, Ann Arbor, MI

_, “Life Insurance: Meiji Life – Gaining and Sustaining Long-term Advantage Through Information Technology”, Working Paper of Center on Japanese Economy and Business for Columbia Sloan Foundation Project: Use of Software to Achieve Competitive Advantage, Columbia, NY

_, “Retail Banking: Sanwa Bank – Gaining and Sustaining Long-term Advantage Through Information Technology”, Working Paper of Center on Japanese Economy and Business for Columbia Sloan Foundation Project: Use of Software to Achieve Competitive Advantage, Columbia, NY

_, “Gaining and Sustaining Long-term Advantage Using Information Technology: Emergence of Controlled           Production,” Best Papers Proceedings, Association of Japanese Business Studies, Salt Lake City, UT. (refereed)

 _, Hiroshi Amari, and Hugh Patrick, “Sustaining Long Term Advantage through Information Technology, Pharmaceuticals: Takeda,” in Information Processing as a Competitive Advantage of Japanese Firms, H. Albach, U. Goertzen, and R. Zobel, ed., WZB, Berlin

_, and Hiroshi Amari, “Pharmaceuticals: Takeda - Sustaining Long-term Advantage Through Information Technology”, Working Paper of Center on Japanese Economy and Business for Columbia-Yale Sloan Foundation Project: Use of Software to Achieve Competitive Advantage, Columbia, NYC

_, and Hiroshi Amari, “Pharmaceuticals: Merck - Sustaining Long-term Advantage Through Information Technology”, Working Paper of Center on Japanese Economy and Business for Columbia-Yale Sloan Foundation Project: Use of Software to Achieve Competitive Advantage, Columbia, NYC

_, and Christos Cabolis, “Semiconductors: NEC - Sustaining Long-term Advantage Through Information Technology”, Working Paper of Center on Japanese Economy and Business for Columbia-Yale Sloan Foundation Project: Use of Software to Achieve Competitive Advantage, Columbia, NYC

_, “Gaining and Sustaining Long-term Advantage Through Information Technology: The Emergence of Controlled Production”, Working Paper of Center on Japanese Economy and Business for Columbia-Yale Sloan Foundation Project: Use of Software to Achieve Competitive Advantage, Columbia, NYC

_, “Foreign Firms in Japan’s Securities Industry in the 1980s and Post Bubble Economy,” in Post Bubble Japanese Business, Raj Aggarwal, ed., Kluwer Academic Publishers, Chapter 7 (refereed)

1998 _, Review Growth Theories in Light of the East Asian Experience, Journal of Asian and African Studies

_, Review The Economic Development of Japan, Studies in Comparative International Development

 _, “Copyright: A Too Strong Protection Policy for Computer Software?” in volume edited by Koichi Hamada on Intellectual Property Rights in Japan, MITI, Tokyo.

_, “Life Cycle Model,” Final Report Symposium on Building the Financial System of the 21st Century: An Agenda for Japan & the United States, Program on International Financial Systems, Harvard Law School.

1997 _, Review Firms and Industrial Organizations in Japan, Journal of Asian Business, Vol 13 No 1, Ann Arbor, MI

_, Review The Eight Core Values of the Japanese Businessman, Journal of Asian Business, Vol 13 No 2, Ann Arbor, MI

1996 _, “Customized Software: Strategies for Acquiring and Sustaining Competitive Advantage: A Japanese Perspective,“ Canadian Association of Japanese Studies 1995 Conference Proceedings (refereed)

_, Review Japan and Malaysian Development: In the Shadow of the Rising Sun, Pacific Affairs, Vol. 69 No. 3

_, Review Japanese Industrialization and the Asian Economy, Journal of Asian Business, Number 4

1995 _, “Capturing Japan’s Attention: Canada’s Evolving Economic Relation with Japan,” Benchmarking the Canadian Presence in East Asia, Wendy Dobson, ed., Centre for International Business, University of Toronto (refereed).

 _, “Soft Policies and Hard Competition: Government, Industry, and User Impacts on the Development of Japan’s Software Industry,” Columbia Center on Japanese Economy and Business Working Paper No. 94.

_, “Japanese Producers and the Strategic Development of Vietnam’s Automobile Industry,” Vietnam and Japan, Japanese Aid and Investment Strategies in Vietnam: Implications for Development Directions, Barbara Duffield, ed., Centre for Asia Pacific Initiatives, University of Victoria, B.C., Canada

_, Review Economic, Industrial and Managerial Coordination between Japan and the USA, Journal of Japanese Studies, August.

1994 _, Review article on Japanese Finance and Unequal Equities, Journal of Japanese Studies, February.

_, Review Article Zaibatsu, Journal of Asian Studies, August.

1993 _, "Japanese Foreign Direct Investment in the Product Cycle," Proceedings of the Association of Japanese Business Studies, January (refereed).

          _, "Japan Inc. at a Crossroads: Outlook for Japan's Economy and Multinational Corporations through the End of the Decade." The World & I, Washington Times, November.

1992 _, "Japanese Multinationals: An Evolutionary Theory and Some Potential Global Political Implications for the 1990's," Center on Japanese Economy and Business Working Paper Series, No. 61, January. Published as "Japanese Multinationals: An Evolutionary Theory," in Europe, Japan, and America in the 1990s: Cooperation and Competition, Vol. III in Europe. Asia-Pacific Studies in Economy edited by Thomas Leuenberger and Martin Einstein, Springier-Verlag, Berlin, p 221-267 (refereed).

_, "Does the Sun Have to Set?" The World & I, Washington Times, Washington, D.C., October, p 562-567

1989 _, "Review Japan Facing Economic Maturity," The Journal of Japanese Studies, Vol. 15, No.1

1988 _, "Demystifying M&A," Mitsui Trade News, Vol. 25.

1987 _, "Stabilizing the Yen: The Unattractive Alternatives to Full Import Liberalization," Yomiuri Symposium on International Economy '87, Yomiuri Shinbun, Tokyo, p 53-56.

1986 _, "Japan's Invisible Barriers to Trade," T. Pugel, ed., Fragile Interdependence, D.C. Heath, NY, p 21-45 (refereed).

1984 _, “Unbundling Japan Inc.," Creative Computing, August, p 43-48.

1983 _, "Japan's Government Policy on Trade," Encyclopedia of Japan, Kodansha, Tokyo.

_, "Reevaluating Past Policy Approaches to US-Japanese Trade Problems," R. Kosobud, ed, Northeast Asia and the United States: Defense Partnerships and Trade Rivalries, Chicago Council Foreign Relations, Chicago, p 25-42.

_, "Industrial Structure and Japanese Trade Friction," Journal of International Affairs, Summer, Vol. 37, p 67-79.

1980 _, "The United States and Japan: Competition in World Markets: Policy Alternatives for the United States," Special Study on Economic Change. Vol. 9. The International Economy: US Role in a World Market, Joint Economic Committee, US Government Printing Office, Washington, D.C., December 17, p 354-361.

_, "The Decade Ahead: Japan's Economy in the 1980's," Japan Society Newsletter, NY, Vol. XXVIII, p 5-7.

1979 _, "What the US has to do to Compete with Japan," Journal of Contemporary Business, Vol. 8, No. 2, p 17-26.

_, and William L. Givens, "What it Takes to Meet the Japanese Challenge," Fortune, June 18, 1979, p 104-120. (Also printed in Japanese in President, September, p 254-263.)

_, and Robert Feldman, "Japan' s Economic Strategy and Prospects," William J. Barnds, ed., Japan and the United States: Challenges and Opportunities, NYU Press, NY, p 86-154.

1977 _, "Japan: Its Industrial Policy and Corporate Behavior," Columbia Journal of World Business, NY, Spring, pp. 38-58 (refereed).

1976 _, "Firm Size and Japan's Export Structure: A Microview of Japan's Changing Export Competitiveness Since Meiji," Hugh Patrick, ed., Japanese Industrialization and Its Social Consequences, U of C Press, Berkeley, pp. 201-248.

 _, "Japan's Industrial Policy," Isaiah Frank, ed., The Japanese Economy in International Perspective, John Hopkins Press, Baltimore, p 37-66.

          _, "The Many Possible Extensions of Product Cycle Analysis," Hitotsubashi Journal of Economics, Vol. 16, No. 1, Tokyo, June, p 22-29. (Also published in Japanese in Hitotsubashi's Japanese Journal and Kojima, ed., Essays in Remembrance of N. Akamatsu.)

 

1973 _, "Strategy Formulation and International Competition," Columbia Journal of World Business, NY, Vol. VIII, No. 2, p 98-112 (refereed).

 

_, "Supply Management: A Key Element in Japan's Economic Policy," The Morgan Guaranty Survey, Morgan Guaranty, NY, September, p 10-15.

 

1972 _, and James Abegglen, "The Competitive Impact of Japanese Growth," in J. Cohen, ed., Pacific Partnership: United States-Japan Trade, D.C. Heath, Lexington, MA, p 19-50.

 

_, James van B. Dresser, Jr., and Thomas M. Hout, "Competitive Development of the Japanese Steel Industry," in J. Cohen, ed., op. cit., p 201-220

_, and Thomas Hout, "Competitive Development of the Japanese Automobile Industry," in J. Cohen, ed., op. cit.

1971 _, "Implications of Japanese Competition for U.S. Business," Bond Buyer Annual, NY, November 30, p 221-240.

1970 _, and James Abegglen, "Japanese Managerial Behavior and 'Excessive Competition'," The Developing Economies, Vol. VIII, Tokyo, December, No. 4, p 427-444 (refereed).

1969 _, Herbert G. Grubel, and Harry G. Johnson, “Excise Taxes and Effective Protection: A Note,” The Economic Journal, Vol. LXXIX, September, p 674-675 (refereed).

1967 _, "A Theory of Changing Trade Patterns Under Economic Growth: Tested for Japan," Yale Economic Essays, New Haven, Conn., Fall 1967, pp. 69-135 (refereed).

FORMAL PAPERS AND SPEECHES DELIVERED:

2015_, “What Is An Emerging Market And When Do We Know It Has Emerged?” Keynote Address 2015 TIMTED International Conference On Current Trends In Emerging And Developing Countries, Timisoara, Romania

_, “Technology & Education, Evolution Or Revolution A Practitioner’s View,” Keynote, Institute Strategic And International Studies Conference, Miami, FL

2014_, “Bank Regulation In Era Of Globalization And Financial Bubbles,” Proceedings Northeast Business And Economics Association, Monmouth, NJ (refereed)

_, “Connecting Globalization, Bubbles, Product Cycles, MNEs and FDI,” Keynote, ICABE Conference, Delphi Greece

_, “International Product Cycles, East Asian Growth, And Effect MNE Strategies,” Institute For Strategic and International Studies Conference, Venice, Italy, July (refereed)

_, “Where Are We In Understanding Bubbles?” Eastern Economics Association, Boston, MA

“Strategies For Aging America Given Seniors’ Should Work,” Institute Strategic And International Studies Conference, Orlando, FL (refereed)

“Marketing Bubbles,” Waseda University, Tokyo, Japan [invited]

“Boil, Bubble, Toil And Trouble,” Business Intelligence Society, Tokyo, Japan [invited]

2013, “Bubbles In Law,” ICABE and ICAFT Conference, New York City. (refereed)

“Strategies For Aging America Given Seniors’ Should Work,” Ashridge International Research Conference, Multigenerational Challenges: integrating younger and older ages in managing the organization, UK. (refereed)

“Risk Management And Contractual Obligations,” International Conference on Accounting and Finance in Transition (ICAFT), Belgrade, Serbia. (refereed)

International Product Cycles, East Asian Growth, And Effect MNE Strategies,” Society for the Advancement of Socio-Economics (SASE), Conference, Milan, Italy. (refereed)

“Risk Management And Contractual Obligations,” International Business Conference, University Of Hawaii, HI. (refereed)

“Everything Is Not A Bubble,” IABPAD Conference, Orlando, FL

2012, “Boil, Bubble Toil and Trouble – Review 2011 Leir Conference on Financial Bubbles,” 2d Leir Conference on Financial Bubbles, Ridgefield, CT.

2010 “Lawyers, Legal Ethics And The Mortgage Meltdown,” Conference on Ethics, Entrepreneurship, and Organizations in an Era of Global Economic and Financial Crisis, Kings College, PA. (refereed)

2009 Clash Of Titans - The Barclays V Bear Stearns Case And The Current Financial Crisis,” Presentation at Association For Global Business 21st Conference (refereed)

“Prosecuting Mortgage Fraud,” presentation at McMaster Global Conference, Hamilton, Canada (refereed)

2008 “Macroeconomic Perspective on Mortgage Meltdown and its Consequences”, presentation Governor’s Conference on Growth and Employment, Atlantic City, NJ.

The Kindleberger-Aliber-Minsky Paradigm And The Global Subprime Mortgage Meltdown,” presentation at National Institute Of Financial Management conference on Global Issues in Business & Technology at Faridabad, India (refereed)

Presentation at Japan Society, NYC, NY, “Convenience Stores’ 24-Hour Branch Banking – A Japanese Innovation.”

2007 Presentation Japan Economic Seminar, Columbia University, NYC, NY, “Toyota Motor Company: An Environmental and Strategic Marketing Assessment for Hybrid and Renewable Energy Resource Automobiles.” (refereed)

Presentation at Conference on Technology, Knowledge, and Society, Northeastern University, Boston, MA, “Developing The Global Hybrid Car Market, Toyota’s Strategic Initiative.” (refereed)

2006 – Presentation Society for Advancement of Management International Management Conference, Orlando, “Hydrocarbons to Hydrogen: Toyota’s Long-term IT-based Smart Product Strategy”, Proceedings, SAM, 2006

Presentation International Academy of E-Business, Orlando, “Dendrite International, Inc.: Entering the Central and East European Market”

2005 – Presentation Kean University Conference on Technology Transfer, “Transferring Management Practices by Japanese Firms in Autos, Steel, and Convenience Stores, Synergies between Suppliers and Customers”

Presentation at The International Academy Of E-Business Conference, San Francisco, “What Brown Does For E-Commerce: A UPS Case”

2004 – Presentation Waseda University, Tokyo, “THE EMERGENCE OF JAPANESE ‘MINI-BANKS’ Retail Banking Services through Convenience Stores”

Presentation Doshisha University, Kyoto, “Best Practice IT Strategy Paradigm”

Presentation Tokyo Economics University, “Information Technology Strategies”

Keynote address on “Leveraging IT As A Core Competency To Enter New Businesses: The UPS Case,” The International Business and Technology Research Conference, Las Vegas; award for best paper presented at the conference.

Poster session, JAPANESE ‘MINI BANKS’: Retail Banking Services through Convenience Stores, The Academy of International Business, Stockholm (with Mazhar ul Islam)

Paper presentation, JAPANESE ‘MINI BANKS’: Retail Banking Services through Convenience Stores, The Association of Japanese Business conference, Stockholm (with Mazhar ul  Islam)

Presentation University of Missouri at St. Louis and St. Louis Japan Society “Japanese Consolidation: Leading firms are Leveraging Japan’s Economic Malaise Using IT & Globalization To Force Restructuring.”

Presentation IEMS (Industry, Engineering and Management Systems) Conference “Leveraging IT As A Core Competency To Enter New Businesses: The UPS Case.”

2003 - Presentation (October) American Society for Competitiveness Washington, DC “An E-Commerce Alternative: Japanese Convenience Stores, E-Retsus & Telematics, Gaining An Advantage In E&M-Commerce.” (refereed)

Presentations NYU (September) on “Leveraging Japan’s Economic Malaise: Using IT and Globalization to Restructure Japanese Industry”.

Presentation of paper, “Japanese Convenience Stores And Telematics Another Approach to Capturing E&M-Commerce Advantages,” Hawaii Conference On International Business, June (refereed)

Presentation of paper, “Japanese Convenience Stores’ Telematic Approach to Gaining an E-Commerce Advantage,” Association of Japanese Business Studies Conference, June (refereed)

Presentation of paper, “Putting E-Commerce to Work: The Japanese Convenience Store Case,” Japan Economic Seminar, Washington, DC, April

Presentation paper, “An E-Commerce Alternative: Japanese Convenience Stores, E-Retsus, and Telematics – Gaining An Advantage In E&M Commerce,” Industrial, Engineering and Management Systems Conference, March (refereed)

2002 - Keynote Address, “IT Strategies: Best Practice Paradigm, How Leading Firms Use IT To Gain Sustainable Competitive Advantage,” Asian Institute of Technology Conference, Bangkok, December

Presentation of Paper with Mazhar ul Islam, “Japanese Convenience Stores And E-Retsus” at Asian Institute of Technology Conference in Bangkok, December

Presentations at MIT (December) and Columbia (October) on “Strong Get Stronger: The Role of IT and Globalization in Restructuring Japanese Industry”.

Presentation on the “Role of IT and Globalization in Restructuring Industry,” Association of Japanese Business Studies Conference, June

2001 - Presentation, “E-Banking in Japan,” Association Of Japanese Business Studies Conference, June

Presentation paper on Nomura Securities, “Success by Assisting Others to Gain and Sustain Long-term Advantage through Information Technology,” Association Of Japanese Business Studies Conference, Finland, June (refereed)

Presentation at Amherst College, “Great Expectations – E-Business: Some Emerging Scenarios That Will Alter Our lives,” June

Presentation, “Great Expectations - E-Banking: Some Emerging Formats”, Conference on Using Information Technology to Improve Competitiveness, Helsinki, May

2000 - Presentation of paper to Association of Japanese Business Studies on Nippon Steel’s E-Commerce Strategy, June (refereed)

National University of Singapore, Singapore, “Economic Origins of Asia’s Financial Crises: Are They Really Being Fixed?”, March

Tohoku University, Sendai, “Japan’s Current Financial & Economic Crisis: a Contrarian View?”, February

1999 - Presentation on Continuing Problems in the Asian Financial Crisis to joint conference of American University, Korea University, and Ritsumeikan University, November

Association of Japanese Business Studies Annual Conference, “Gaining and Sustaining Long-term Advantage Using Information Technology: Emergence of Controlled Production,” June

UN International Economic Relations Branch Conference on the Global Financial System, “The Impact of Financial Derivatives on Trade and Development in Emerging Market Economies, April

1998 - Association of Japanese Business Studies Annual Conference, “Case Study on the Use of Information to Achieve Competitive Advantage: Takeda”, May

Presentation WHU, Koblenz, Germany on “Japanese Companies Use of Software to Achieve Competitive Advantage,” February

Presentation WZB Berlin Conference on Japanese Information Technology, “Use of Information Technology Case Studies on Pharmaceuticals: Takeda and Merck” (refereed)

1997 - Association of Japanese Business Studies Annual Conference, “Japanese Software Project”, June

MITI conference at Yale, “Copyright: A Too Strong Protection Policy for Computer Software?” May (refereed)

1996 - CAPI Conference on “The Asia-Pacific Region and the Expanding Borders of the WTO: Implications, Challenges and Opportunities”, “The Persistence of Unilateralism and Bilateral Negotiations: A Practitioner’s Perspective,” June.

Columbia Program for Chinese Power Firms, “Project Financing: Difficulties and Strategic Opportunities,” May.

Columbia Conference on Software Users’ Strategies for Gaining Competitive Advantage: a US-Japan Comparison, “Japanese Users’ Strategies for Achieving Competitive Advantage,” April.

1995 - Canadian Association of Japanese Studies Conference, “Customized Software: Strategies for Acquiring and Sustaining Competitive Advantage: A Japanese Perspective,” University of Victoria, September (refereed).

Seminar on Japan, Computers and Intellectual Property in an Era of Rapid Technological Change, “Customized Software: Japanese Strategies for Gaining and Sustaining Competitive Advantage,” Victoria, September

Association Japanese Business Studies, “Strategic Evolution of the Japanese Software Industry,” Michigan, June.

Hong Kong Bank Asian Forum, ”Capturing Japan’s Attention: Canada’s Evolving Economic Relation with Japan,” Toronto, June (refereed).

Japan Economic Seminar, Columbia on “The Strategic Evolution of Japan’s Software Industry - Government Policies, Industry Initiatives and User Economics: an Evolutionary Perspective,” February.

1994 - Osaka University-Columbia conference in Osaka on Developments in the Japanese Economy and Its Pacific Context, "The Role of Foreign Firms in the Japanese Securities Industry in the 1980s," June (refereed).

Center on Japanese Economy and Business Conference on High Technology, Columbia, "Japanese Software: Strategies and Frustrations," April.

NIBEN Conference on International Business, University of Washington, "Japanese Software: Strategies and Competition," February.

Association Japanese Business Studies, Vancouver. "Japanese-US Competition in Software Policy Challenges and Strategic Prospects. A Research Agenda.," January.

Conference (November): Japan’s Investment and Aid Strategies in Vietnam, University Victoria. “Japanese Producers and Strategic Development of Vietnam’s Auto Industry”.

1993 - Yale School of Organization and Management Conference on Foreign Direct Investment in Japan, "Foreign Direct Investment in the Japanese Securities Industry, Strategies for Long-term Competitive Success," (refereed).

Pacific Institute Conference, Washington, D.C. on The Convergence of Antitrust and Trade Laws, "Multidimensional Obstacles to Foreign Competition in Japan's Financial Services."

University of Washington Conference on Intellectual Property Issues in International Business, "International Processing Inc., A Constructed Mini-case Reflecting Transnational Tax Issues Involving Intellectual Property."

1989 - Australia-Japan Centre' s Conference on the Impact of Developments of Japan's Financial Market in Asia and the Pacific at Canberra, "Japanese Overseas Investment and Internal Economic Stress," (refereed).

1987 - Yomiuri Shinbun's Symposium on International Economy '87.

Japan Society of New York and Columbia Center on Japanese Economy and Business Conference on Japan’s Industrial Structure in Crisis: National Concerns and International Implications, “The New Dualism”.

1984 - New York University Graduate School of Business Administration Conference on Japanese Business and Economic Structure, November, "Japan's Invisible Barriers to Trade," (refereed).

1981 - Sweden-Japan Economic Foundation, Symposium, Stockholm, August, "Japanese Macroeconomic Policies and Their Impact on Trade."

1980 - Association of Asian Studies, Annual Meeting, March, Washington, D.C., "The United States and Japan: Competition in World Markets - Policy Alternatives for the United States."

1979 - US-Japan Economic Relationship in the 1980s Fortune Conference with US-Japan Trade Council, Washington, DC, October, "Japanese Competitive Developments in the 1980's," reported Fortune and Wall Street Journal

Japanese American Relations in the World Economy, Skidmore, Saratoga Springs, NY, August, "US-Japan Economic Relations in the 1980's: A Multilateral Perspective."

Second World Congress International Federation of Purchasing and Materials Management, Mexico City, July, "National Economic Policies and their Effect on World Trade."

1978 - Japanese-American Relations in the World Economy, Skidmore College, Saratoga Springs, NY August, "Japanese Managerial Style as a Function of Real Economic Pressure and Successful Long-Term Strategies."

1973 - American Statistical Association, Annual Meeting, Pittsburgh, PA, April, "Japan and the US"

1971 - National Association of Business Economists, Annual Meeting, Pittsburgh, March, "Implications of Japanese Competition for U.S. Business." Reported New York Times, IEEE Newsletter, and US News and World Report.

OTHER:

Congressional Testimony: Joint Economic Committee, "National Economic Policy and U.S. Export Competitiveness." Interstate and Foreign Commerce, "Industrial Policy and Economic Survival: The Japanese Case," both 1980, and 1982 hearings before the Committee on Foreign Affairs on “U.S. Foreign Policy and the Law of the Sea.” Speeches NY Japan Society on US-Japan Trade, Japanese Economic Structure, Japanese Energy Demand, and Barriers to Trade, 1975, 1979, 1980, and 1984 respectively. Pacific Partnership Project 1971-72. Helped raise $180,000 from Japan-US Friendship Commission in 1976 to sponsor conferences on Japan related teaching modules for use US business schools.

Japanese TV special on US-Japan Trade, 1979. US PBS TV special on US-Japan Relations, 1991. Published Interviews in Economist, in Look Japan. Contributor to Economist's Financial Report 1975-80. Participant several conferences in US, Australia, and Japan including member Columbia delegation US/Japan/ASEAN conference in Japan, December 1990 and Member of National Academy of Engineering study on the global electronics industry, 1980-81 and National Research Council study on Protecting Intellectual Property 1993. A chair and organizer of conferences at Columbia University on “Software as a Tool of Competitive Advantage: A U.S.-Japan Comparison”, 1996, “Software as a Strategic Tool of Competitive Advantage: Japanese and US Industry Case studies”, 2000 and on “Intellectual Property Rights and the Prospects for US-Japan Cooperation in Asia” 2002.