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Home page  About CSIS Programs Japan Chair Japan Chair Platform
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Japan Chair Platform
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Japan Chair Platform is a forum to debate the policy challenges facing Japan and their impact on the international community.
Clustering to Win: Push, Pull, Drag, and Jump Factors in New Technology Entrepreneurship in Japan
September 24, 2008
Clustering to Win: Push, Pull, Drag, and Jump Factors in New Technology Entrepreneurship in Japan
Japan’s lackluster economic performance in the 1990s and into the 2000s saw low points that included the closure of NASDAQ Japan in 2002, after less than two years in operation. While the JASDAQ took on some of the function of the defunct market in promoting new business ventures, the number of new initial public offerings (IPOs) in Japan remains modest. Is entrepreneurship doomed to failure in Japan? Recent findings in new technology industries tell a different story, albeit in the seemingly unlikeliest of places.
Kathryn Ibata-Arens is an associate professor of political science at DePaul University and a Japan policy fellow with the Japan Chair at the Center for Strategic and International Studies. The Japan Chair in collaboration with the Japan Foundation Center for Global Partnership recently instituted the Japan Policy Fellowship Program, an initiative to strengthen links between U.S. scholars of Japan and various stakeholders in the Washington, D.C., policy community.
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