This volume collects eleven essays written by Japanese experts on various aspects of Japanese business management and is a sequel to the volume Industry and Business in Japan. It examines the mechanisms for Japan's phenomenal economic growth since the Second World War by analyzing Japanese management, business groups, production systems and business strategy.

This volume analyzes Japan's industrial organization both from a historical perspective and by looking in details at specific industries such as iron, steel and the automotive industry. Big business, business groups and industrial policy are also discussed. The volume also provides a survey of the literature in Japanese which will help the reader in search of original sources.