Culture of Japanese organization and basic determinants
of institutional economy
Abstract
This article presents the basic foundations of an institutional economy, using the Japanese
economic system as an example. This is the basis for the development of characteristic
organizational culture which the Japanese economic progress is built on.
The article presents basic assumptions of the institutional economy using some Japanese
economic organizations as examples. The organizational culture has been presented on such
a base in the studies by K. Konecki, I. Nonanaka and H. Takeuchi. They describe the cultural
foundations of the Japanese society which is an interesting example of institutionalism.