skip to contents.

Research Activities

Research Projects

FY 2012/2013 Research Topic: C-05
Analysis of 30 years of Industrial Development in China: An Industrial Organization Theoretical Approach


The experience of China’s rapid economic growth invites attention from abroad. The Chinese economy is multifaceted; on the one hand there is State Capitalism where the State has control over economic resources, and the other hand there exists a market economy with keen competition and active and abundant entrepreneurships. This complexity makes it difficult to reach a common perception about the mechanisms and principles that govern rapid economic growth in China.
This project attempts to fill this gap and to provide a principle of behavior of Chinese firms that allows “abundant entrepreneurship”. Case studies were conducted on the entry and competition strategies of several industries, and also studies on other related factors were carried out including diversified and stratified demand, technology transfer systems, financial constraints, and input factors such as labor, food and energy. Here, “active entry and scattered market structure” is observed. The country’s corporate strategy and institutional setting allows Chinese firms to bear low fixed costs; this strategy simultaneously realizes a cheaper product price. This project will attempt to provide a theory on this phenomena and also document its empirical evidences.


April 2012 - March 2013

Members of the Research Project

[ Organizer ] WATANABE Mariko
[ Co-researchers ] KIMURA Koichiro
HOKEN Hisatoshi
MARUKAWA Tomoo (University of Tokyo)
OHARA Moriki (Ryukoku University)
HORII Nobuhiro (University of Kyusyu)


  • First Year: DPS