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Department of School of Management

Rapp, William V.

Contact Info
Title: Research Professor International Business
Email: william.v.rapp@njit.edu
Office: 3020 CAB
Phone: 973-596-6414
Dept: School of Management
Webpage:

Academic Interests: management

About Me

 

Dr. Rapp is the first Henry J. Leir Professor of International Trade and Business at The New Jersey Institute of Technology’s 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 


Courses I Teach

GLOBAL MACRO ECONOMICS
INTERNATIONAL BUSINESS

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 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 & Projects

 

BOOKS

• 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 

ARTICLES PUBLISHED

• 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)

• 2010, “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)

• 2009, “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.

• 2009, “Prosecuting Mortgage Fraud,” Proceedings McMaster Global Conference, (refereed)

• “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)

• 2006, and Mazhar Islam, “Japanese Mini-Banks: Retail Banking Services through Convenience Stores,” Asian Business & Management, Palgrave Macmillan, Vol. 5 (refereed)

• 2006, “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)

• 2004, 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)

• 2004, 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.

• 2003, and Mazhar ul Islam, “Putting E-Commerce to Work: The Japanese Convenience Store Case,” Annual Publication, American Society for Competitiveness, Washington, DC, October, (refereed)

• 2003, 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

• 2003, 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)

• 2003, 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)

• 2003, 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) 

FORMAL PAPERS AND SPEECHES DELIVERED

• 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)

• 2009 “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.

• 2008 “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)

• 2008, 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)

• 2007, 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

• 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”

• 2005, 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”

• 2004, Presentation Doshisha University, Kyoto, “Best Practice IT Strategy Paradigm”

• 2004, Presentation Tokyo Economics University, “Information Technology Strategies”

• 2004, 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.

• 2004, Poster session, JAPANESE ‘MINI BANKS’: Retail Banking Services through Convenience Stores, The Academy of International Business, Stockholm (with Mazhar ul Islam)

• 2004, Paper presentation, JAPANESE ‘MINI BANKS’: Retail Banking Services through Convenience Stores, The Association of Japanese Business conference, Stockholm (with Mazhar ul Islam)

• 2004, 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.”

• 2004, 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)

• 2003, Presentations NYU (September) on “Leveraging Japan’s Economic Malaise: Using IT and Globalization to Restructure Japanese Industry”.

• 2003, Presentation of paper, “Japanese Convenience Stores And Telematics Another Approach to Capturing E&M-Commerce Advantages,” Hawaii Conference On International Business, June (refereed)

• 2003, Presentation of paper, “Japanese Convenience Stores’ Telematic Approach to Gaining an E-Commerce Advantage,” Association of Japanese Business Studies Conference, June (refereed)

• 2003, Presentation of paper, “Putting E-Commerce to Work: The Japanese Convenience Store Case,” Japan Economic Seminar, Washington, DC, April 

 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.