"One well-known econometric study concluded that improvements in technology accounted for 22.4% of Japanese economic growth between 1953 and 1971…Adding scale economies…raises technology’s contribution to 45% of growth"
Source: Assembled in Japan
– Electrical Goods and the making of the Japanese consumer
Author: Simon Parker
Publisher: University of California Press,
ISBN: 0-520-21792-6, Pages 107- 108