Waseda Business School
(Graduate School of Business and Finance)


ASABA Shigeru, Professor



Professor Asaba received Ph.D. in economics from the University of Tokyo and Ph.D. in management from UCLA. He joined the faculty of economics, Gakushuin University, Japan, in 1990, and taught strategy, business economics, and so on for more than 20 years. He joined the faculty of WBS in 2013. His research interests include behaviors of Japanese firms and industrial organization, competition and cooperation among rivals, industrial standards, globalization of Japan, innovation in the retail sector, and impacts of ownership and governance structure on corporate behavior. He will serve as president of Academic Association for Organization Science, the largest and the most prominent academic association of management in Japan from 2015 fall.

Academic Degrees

Ph. D., Management, University of California – Los Angeles (UCLA), 1999

Ph.D., Economics, University of Tokyo, 1994

M. A., Economics, University of Tokyo, 1987

B. A., Economics, University of Tokyo, 1985

Selected Publications


  • “Patient Investment of Family Firms in the Japanese Electric Machinery Industry,” Asia Pacific Journal of Management, 30: 697-715, 2013.
  • “A New Approach for Understanding Dominant Design: The Case of the Ink-jet Printer,” Journal of Engineering and Technology Management, 25: 137-156, 2008 (with N. Clymer).
  • “Why Do Firms Imitate Each Other?” Academy of Management Review, 31: 366-385, 2006 (with M. B. Lieberman).
  • “Do Foreign Shareholders Change Japanese Firms?” Hitotsubashi Business Review, 53(2): 46-59, 2005 (in Japanese).
  • “Changes in the Determinants of Profit: A Study of Foreign Subsidiaries in Japanese Manufacturing Industries in the 1980s and 1990s,” Advances in International Management, 17: 289-324 2005 (with H. Yamawaki).
  • “Inventory Reduction and Productivity Growth: A Comparison of Japanese and US Automotive Sectors,” Managerial and Decision Economics, 18: 73-85, 1997 (with M. B. Lieberman).
  • “Competition as a Dialogue: Reinterpretation of Competitive Behavior in the Japanese Electronic Calculator Industry,” Organizational Science, 26(2): 64-79、1992 (with T. Numagami, J. Shintaku, & H. Amikura, in Japanese).

<Book Chapter> 

  • “How Does the Market Value Management Practices of Japanese Firms? Using Management Practice Survey Data,” in A. Bounfour & T. Miyagawa eds., Intangibles, Market Failure, and Innovation Performance, Springer, 2015 (with A. Kawakami).
  • “The Patent System and R&D in Japan,” in A. Goto and H. Odagiri eds., Innovation in Japan. Oxford Univ. Press, 1997 (with Y. Okada).
  •  “Processing and Product Development Systems in the Japanese Wool Textile and Apparel Industry,” in C. Findley & M. Itoh, Wool in Japan, Harper Educational, 1992 (with T. Fujimoto).
  • Economics of Firms, Nikkei Shinjo, 2008 (in Japanese).
  • Thinking of Corporate Strategy, Nihon Shinbun Shuppan-sha, 2007 (with M. Sudo, in Japanese).
  • Economics of Strategy, Nippon Hyoronsha, 2004 (in Japanese)
  • Business System Revolution, NTT Shuppan, 2004 (with T. Nitta, in Japanese).
  • The Principle of Competition of Japanese Firms – Empirical Analyses on Similar Behavior, Toyo Keizai, 2002 (in Japanese).
  • Competitive and Collaborative Strategies – Toward Industry Standards, Yuhikaku, 1995 (in Japanese).

Courses in charge

Business Data Analysis

Frontier of Competitive Strategy (in Japanese)


Editorial Review Board of Asia Pacific Journal of Management

Editorial Advisory Board of Chinese Management Studies


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