Using numerical evidence rather than theoretical models, research economists explore industrial dynamics in the two Asian countries, globalization and innovation from the perspective of industry dynamics, and the implication of size on the Korean manufacturing industry. Among the topics are stylized facts of firm dynamics in Korean manufacturing during the 1990s and 2000s, the globalization of Japanese firms and its impact on the domestic economy, and evaluating the dominance ranking of productivity distribution in Korean manufacturing. Annotation ⓒ2009 Book News, Inc., Portland, OR (booknews.com)