Development of Information Technology and Structural Change of the Financial Sector Market
Project/Area Number |
14580471
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Research Category |
Grant-in-Aid for Scientific Research (C)
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Allocation Type | Single-year Grants |
Section | 一般 |
Research Field |
社会システム工学
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Research Institution | The University of Tokyo |
Principal Investigator |
FUJII Mariko The University of Tokyo, Research Center for Advanced Science and Technology, Professor, 先端科学技術研究センター, 教授 (90323550)
|
Co-Investigator(Kenkyū-buntansha) |
WASHIZAKI Hayao Shizuoka Sangyo University, Department of Management, Professor, 経営学部, 教授 (10350919)
ITAKURA Hiroaki Kagawa University, Graduate School of Management, Professor, 大学院・地域マネジメント研究科, 教授 (80335835)
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Project Period (FY) |
2002 – 2004
|
Project Status |
Completed (Fiscal Year 2004)
|
Budget Amount *help |
¥2,700,000 (Direct Cost: ¥2,700,000)
Fiscal Year 2004: ¥500,000 (Direct Cost: ¥500,000)
Fiscal Year 2003: ¥700,000 (Direct Cost: ¥700,000)
Fiscal Year 2002: ¥1,500,000 (Direct Cost: ¥1,500,000)
|
Keywords | input-output table / outsourcing / information technology / on-line financial service provision |
Research Abstract |
Our research focuses on the analysis of the impacts and changes in the Japanese financial service industries brought about by the advancement of new information technology. Specifically, an input-output structure of the financial service sector and the business strategies are analyzed with special attention to the use of highly advanced information technologies. First, the database is constructed by reorganizing the published Input-Output tables of 1985 through 2000 to show how the IT-related inputs are utilized in production in each business sector. This database can be used to characterize the input pattern of each industry and our analysis shows the followings ; 1)the use of the IT-related inputs, by our definition, has stayed at higher level in the financial service industry than other industries, however, their speed of enhancement of such use became relatively slow in the late 1990s. 2)similar trends are confirmed for the use of outsourcing as well, 3)reflecting these developments, the industrial relationship between the financial service sector and the information business sector became closer than before. Secondly, the advancement of information technology also affects the business strategies in financial service provision. Among others, on-line securities firms have experienced a dynamic competition since the late 1990s. Based on the analysis of business strategies of eight on-line security firms, we find that the differentiating policy in customer targeting appears to be effective and some degree of the first-mover advantages are observed to the extent that data are available. In both aspects of IT-related changes in the financial service sector, US-Japan comparative study may be useful to obtain more insights, which is our next agenda of research.
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Report
(4 results)
Research Products
(4 results)