Political and Economic Teamwork: The Development of the Microelectronics Industry of Japan

In an excerpt from his new book, The Society, William Ouchi traces the rise of the Japanese computer industry from near collapse to international prominence and points out how the success was a result of collaboration and teamwork—the basis of what he calls an M-Form Society. To regain its competitive edge, American business and government must learn to strike a more appropriate balance between competition and cooperation.