Naoki Kadowaki

Brain Capital Management: A Firm-Level Theory of Cognitive Capability, Its Three Constraints, and an Agenda for Its Measurement in the Age of AI

This working paper develops a firm-level theory of brain capital for the age of artificial intelligence. While existing brain capital research has primarily treated brain health and brain skills as national- or population-level assets, this paper defines enterprise brain capital...

Redefinition Capitalism: A Capital Allocation and Macroeconomic Theory of Future Value Creation in the Age of AI

This paper develops Redefinition Capitalism (RCap), a capital-allocation and macroeconomic theory for future value creation in the age of AI. Rather than assuming that capital markets systematically undervalue the long term, it argues that markets already price distant cash flows...

Brain Capital Management: A Firm-Level Theory of Cognitive Capability, Its Three Constraints, and an Agenda for Its Measurement in the Age of AI

This working paper develops a firm-level theory of brain capital for the age of artificial intelligence. While existing brain capital research has primarily treated brain health and brain skills as national- or population-level assets, this paper defines enterprise brain capital...

Enterprise Redefinition Observed: A Multiple-Case Analysis of Eighteen Enterprises in the Age of AI

This paper provides the first structured empirical application of the Enterprise Redefinition framework (Kadowaki, 2026b), which conceptualizes transformation in the age of AI as the continuous, coordinated redesign of five dimensions of the enterprise —Purpose, Business, Organiz...

Enterprise Redefinition Observed: A Multiple-Case Analysis of Eighteen Enterprises in the Age of AI

This paper provides the first structured empirical application of the Enterprise Redefinition framework (Kadowaki, 2026b), which conceptualizes transformation in the age of AI as the continuous, coordinated redesign of five dimensions of the enterprise —Purpose, Business, Organiz...