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I am extremely grateful for the valuable and challenging comments of the contributors to this review colloquium on Scale and Scope. Their remarks have allowed me to clarify and to define more sharply the basic concepts, focus, and aims of the book. In discussing each reviewer's comments, I attempt whenever possible to place them in the larger context of my views on the development of industrial capitalism.
A great deal of attention has recently been focused on the extent of Japanese direct investment in the United States. In the following historical survey, Professor Wilkins details the size and scope of these investments from the late nineteenth century, showing that Japanese involvements in America have deep historical roots. At the same time, she analyzes the ways in which late twentieth century Japanese direct investment differs from the earlier phenomenon and attempts to explain why it has aroused such concern among both business leaders and the general public.