Professor of Japanese Business; Director, Japan Forum for Innovation and Technology; Executive Director, Center on Global Transformation
- Expert Sheet
Ulrike Schaede (ウリケ・シェーデ) is professor of Japanese Business and the head of the International Management track at GPS. She is the director of the Japan Forum for Innovation and Technology and executive director of the Center on Global Transformation.
Schaede is a leading authority on Japanese business organization, strategy and management, and various aspects of the Japanese political economy. Her 2008 book “Choose and Focus: Japanese Business Strategies for the 21st Century” argues that Japan’s political economy and industrial architecture have undergone a strategic inflection point, and the business strategies needed to win in the “New Japan” are fundamentally different from the postwar period. Japan’s well-known business institutions, such as the main bank system, keiretsu, trading companies, employment practices and ownership structures are changing accordingly, but interestingly not all at the same time. Schaede's current work seeks to analyze these change processes and identify newly emerging business strategies, management practices, financial markets, and government-business relations in Japan.
Schaede is fluent in Japanese and has spent more than nine years of study and research in Tokyo, Japan. She has been a junior professor at Hitotsubashi University, and a visiting scholar at the research institutes of the Bank of Japan, Japan's Ministry of Finance, the Ministry of Economy, Trade and Industry, and the Development Bank of Japan. She has also been a Visiting Professor at the Haas School of Business at UC Berkeley, and the Harvard Business School. She currently serves as the Vice Chairperson of the academic advisory board of the German Institute of Japan Studies (DIJ, Max-Weber-Stiftung) in Tokyo, and as a member of the advisory board of the IN-EAST program at the University of Duisburg-Essen in Germany.
Education and CV
Ph.D., Japanese Studies and Economics, Philipps-Universität Marburg, Germany, 1989
M.A., Japanese Studies and Economics, Friedrich-Wilhelms Universität Bonn, Germany, 1987
Translator's Diploma in Japanese, Friedrich-Wilhelms Universität Bonn, Germany, 1985
Professor Schaede is an authority on Japanese business organization, strategy and management. She has studied corporate strategies in light of Japan’s financial market organization, regulation and government-business relationships, the takeover market, antitrust and trade associations, corporate governance and stock exchange structures, trading companies, employment practice and HR management, startups and innovation policies, and entrepreneurship in Japan. She has deep knowledge about the current affairs of Japanese companies and industry dynamics, as well as policy initiatives and the historical background on ongoing reforms.
At GPS, Schaede teaches the international management capstone class, “Strategy and Negotiation”, as well as the required Japan Focus class “Business and Management in Japan”.
Professor Schaede has also written a highly-acclaimed series of op-ed pieces on current Japanese management tasks in one of Japan’s leading business magazines, Nikkei Business, and has presented her research globally at many leading research institutions and conferences.
Vice Chairperson, Academic Advisory Board, German Institute for Japan Studies (DIJ, Max-Weber Stiftung) in Tokyo, 2012-present.
Member, Advisory Board, INCF: Innovation Network for Co-Creating the Future, Mitsubishi Research Institute, Tokyo.
Supporter, LINK-J: Life Science Innovation Network Japan, Nihonbashi Life Science HUB, Mitsui Fudosan, Tokyo.
Member, Advisory Board, IN-EAST Program for East Asian Studies, University of Duisburg-Essen, Germany.
Member, Editorial Board, Contemporary Japan (Journal of the German Institute for Japan Studies Tokyo), 2009-present.
Member, Editorial Advisory Board, The Japanese Political Economy (2002-present).
Member, International Editorial Board, Asien, 2004-present.
Research Associate, Columbia Business School, Center on Japanese Economy and Business (1999-present).
Schaede is an expert in Japanese business and management, including corporate strategies by large and small firms, corporate governance, employment and HR practices, innovation and entrepreneurship, as well as government-business relations, regulation, financial markets and antitrust. She has published and commented on many aspects of the Japanese economy, and closely follows corporate developments and business matters in Japan.
Schaede has written several books, including Choose and Focus: Japanese Business Strategies for the 21st Century,” (Cornell UP 2008), Japan's Managed Globalization: Adapting to the 21st Century (M.E. Sharpe 2003), and Cooperative Capitalism: Self-Regulation, Trade Associations and the Antimonopoly Law in Japan (Oxford UP 2000).
Her publications and current research interests are grouped into 3 main areas (for further publication, see the CV):
Corporate Strategy, Business and Industry
How are Japan’s industry dynamics and corporate strategies changing toward the “New Japan”? What are the main characteristics and management practices of profitable Japanese companies? What are the ongoing changes in the banking system, ownership structures, and corporate governance? And how has Japan’s political economy evolved over time?
“The Decline in Bank-Led Corporate Restructuring in Japan: 1981-2010” (with Takeo Hoshi and Satoshi Koibuchi), NBER Working Paper w23715.
“Trust Banks as Active Investors? An Analysis of Japan’s Changing Shareholder Composition and Corporate Governance” (with Yuri Okina); ongoing project, please inquire if interested.
“From developmental state to the New Japan: The strategic inflection point in Japanese business”, Asia Pacific Business Review, Vol. 18 No. 2, 2012, pp. 167-185.
"The market for corporate subsidiaries in Japan: An empirical study of trades among listed firms," Journal of The Japanese and International Economies, 2014.
"Globalization and the Reorganization of Japan's Auto Parts Industry," in: International Journal of Automotive Technology and Management, 2009.
“The ‘Middle-Risk Gap’ and Financial System Reform: Small Firm Financing in Japan”, Monetary and Economic Studies, Vol. 23 No. 1, 2005, pp.149-176.
“The 'Old Boy' Network and Government-Business Relationships in Japan”, in: Journal of Japanese Studies, Vol.21 No.2, Summer 1995, pp. 293-317.
Innovation and Entrepreneurship
How do Japanese firms innovate? What is the state Japan’s national system of innovation and technology policy? How are ongoing disruptions through the Internet-of-Things and associated technologies shaping Japan’s business system?
“Corporate Venture Capital and Open Innovation in Japan” (with Masato Sasaki); ongoing project, please inquire if interested.
“IOT, AI, Industry 4.0 and the Future of Work”, new global comparative project anchored on the US-Japan-Germany; please inquire for more information.
"Enabling Entrepreneurship: The Study of Startups, Venture Capital, and Policies towards a “Market for Ideas” in Japan, UCSD Working Paper 2016.
"Self-Employment in Japan: A Microanalysis of Personal Profiles," Social Science Japan Journal, 2013.
Are Japanese health and patient interaction practices different from other countries? What do we know about changes in Japan’s healthcare system, and the what can we learn from Japanese case studies?
"Shared Decision-Making in Patients With Prostate Cancer in Japan: Patient Preferences Versus Physician Perceptions," Journal of Global Oncology, 2017.
"Sunshine and Suicides in Japan: revisiting the relevance of economic determinants of suicide," Contemporary Japan, 2013.
For a complete list of publications, please refer to Schaede's CV.
Publications in Japanese
問題山積の米国制度、良い国は絶対まねをしてはいけません！米国人すら問題視、制度直輸入からの脱却を Nikkei Business Online (Japanese). Dec. 9, 2014.
「大は小を兼ねる」は間違い「多すぎず、少なすぎず」が仕事の質を高める Nikkei Business Online (Japanese). Oct. 27, 2014.
稼ぐドイツ人は5時に仕事が終わる 日本とドイツのワーク・スタイル格差から得られるグローバル・マインドセットの教訓 Nikkei Business Online (Japanese). Sept. 29, 2014.
日本人の「大企業病」が起業を阻んでいる Nikkei Business Online (Japanese). Aug. 25, 2014.
終身雇用と成果主義は、同時に実現できます 日本雇用構造における3つの“S”を考える Nikkei Business Online (Japanese). July 22, 2014.
東京の地下鉄は、世界一なのです！Nikkei Business Online (Japanese). June 24, 2014.
「失われた20年」は、実は「成長痛の20年」でした Nikkei Business Online (Japanese). June 9, 2014
日本に多大な利益をもたらす製品、それはスマホです！Nikkei Business Online (Japanese). May 26, 2014.
ニッポンの魅力は、「スシ」より「スイカ」！Nikkei Business Online (Japanese). May 12, 2014.
“Abenomics Needs Cheap Nuclear Power to Work.” Bloomberg. June 2, 2013.
“Japan’s Evolving Business Strategies.” Interview in The National Bureau of Asian Research. May 7, 2012.
"Let Tepco Go Bankrupt, If it Must" with Takeo Hoshi and Anil Kashyap. The Wall Street Journal. April 19, 2011.