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The rise of startup Japan

Research output: Contribution to specialist publicationEditorial

Original languageEnglish
JournalThe Economist Intelligence Unit Perspectives
Publication statusPublished - 6 Sep 2018

King's Authors

Abstract

The Japan Times said in a May 2018 headline, “Japan shouldn’t try and replicate Silicon Valley to spur innovation”. I agree. There are certainly Japanese characteristics that are – and should be – distinct, just as elsewhere. What is undeniable is the fervour supporting technology entrepreneurship. Rather than the Japanese government promoting its large firms’ prowess, this incarnation of industrial strategy points to startups and venture capital. Prolific investors such as Masayoshi Son epitomise the transition, and the METI hope they will lead the revolution as well.

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