Thomas (organization and management, Goizueta Business School at Emory U.) presents an analysis of the nature, causes, and consequences of the current drug lag in Japan. Coverage includes the magnitude and nature of the situation, in contrast with the 1970s drug lag in the U.S.; industrial policy and domestic ecosystems and the effects on pharmaceutical innovation, production, and consumption; key features of the Japanese ecosystem, their interactions, and pathologies of the system as a whole; the mechanisms of delay and exclusion for new drugs in Japan; and remedies for the new drug lag from the perspective of a U.S. government interest in sustaining and promoting global pharmaceutical innovation. For academics, experts in government and industry, researchers and students of industrial policy, economics, public health and trade policy. Annotation c. Book News, Inc., Portland, OR (booknews.com)