Japanese media: Japan strongly supports IT entrepreneurship to enhance international competitiveness

[Global Technology Reporter Wang Huan] According to a report from the Japanese Kyodo News Agency on March 22, the Japanese government has increased its support for potential IT technology entrepreneurs because of a sense of crisis, if it cannot support global-originated innovations as soon as possible. In an innovative enterprise, Japan may lag behind in the increasingly intense international competition in such cutting-edge fields as AI (artificial intelligence) and big data.

In Japan, the "opening rate" reflecting the proportion of new companies in existing companies has continued to slump. In 2014, it was only 4.9%, which was at a disadvantage compared to more than 10% of the United States and the United Kingdom. The government proposed the goal of doubling the rate of opening up to catch up with the United States and the United Kingdom in its strategy for economic growth, the Japan Renaissance Strategy.

About the reason for less entrepreneurship, it is alleged that there are personality factors in Japan that are not willing to take risks for human stability. Whether or not people can change their understanding of entrepreneurship is also a big problem.

IT is a potential area for entrepreneurship as long as it is creative and investment is small. However, even good entrepreneurs, even if they start their own businesses, lack the talents who can formulate their business strategies. As a result, many new companies are difficult to develop. In this new support policy, entrepreneurs can get help from business consultants as needed. There are also opinions that finally "enjoy entrepreneurship has become an upsurge" (Kyuyeon Gangyu, Professor of Graduate School of Keio University). The results will be noticed.

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