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and Japan in the post-war years. His observation was that the U.S. took a materialistic approach to their investment, focusing on products, while the Japanese focused on process. His observation was that while the U.S. invented DRAM, the VCR or the LCD, it also incurred the highest up-front costs, while the Japanese reaped the primary profit due to their superior processes of manufacturing and distribution.
Today, we have a comparable example
in Apple and Dell. Apple is now below
Acer in PC market share, but they have
beautiful, design-intense systems. Dell’s
computers, on the other hand, are boring
and have virtually no technical or design
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