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Geopolitics, Information, and Logistics

A Narrative on Trading Companies in Imperial Japan

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DOI:

https://doi.org/10.51094/jxiv.355

キーワード:

trading company、 oil shale retort、 first globalization、 Information exchanges

抄録

One profit source for trading companies is matching demands with supplies in highly differentiated markets. It is theoretically known that in-person networks based on imperial legacies, immigrants, and general trading companies that share a common language and culture help trades of differentiated goods expand. However, little is known about how such networks help make deals for differentiated goods. To investigate the role of general trading companies, we study how major trading companies navigated a sensitive transaction in imperial Japan in the first age of globalization: the procurement of shale oil retort facilities in Manchuria. Our archival research with confidential documents reveals that trading companies logistically supported the Japanese buyer's engineers in meeting Western suppliers' engineers in person and visiting plants in the West to acquire tacit knowledge beyond written specifications. We interpret such logistical support as a substitute for imperial or immigrant networks.

利益相反に関する開示

The authors, Masaki Nakabayashi and Hisayuki Oshima, do not have any conflict of interests regarding to this study.

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投稿日時: 2023-04-07 02:21:03 UTC

公開日時: 2023-04-10 10:31:41 UTC — 2023-10-11 00:34:30 UTCに更新

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We have streamlined the logic flow throughout the paper.
研究分野
経済学・経営学