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Inside Japan’s star making machinery

beaconreports.net

13 points by gillygize · 5 comments

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waxenfigurine

To add further context, domestic investors are more risk averse relative to the modus operandi in the West. Prevailing Japanese business culture still frowns somewhat upon the primary pursuit of individual financial wealth, and this may be related to the difficulty of performing Western-style exits with big payoffs that attract investors and their funds in the first place. The young are able to better seize upon these opportunities as they are not as inculcated, they are systemically not let on the bus, and in their despondence are more apt to emulate the successes of their Western peers.

Given the high level of creative intelligence in Japan and also certain economic inefficiencies that Prime Minister Abe has acknowledged and is just taking steps to address, I hope these and many other factors give rise to a new breed of high-profile Japanese entrepreneurs with global aspirations. The future of country is in part depending on them.

bluepresley

It's interesting to portray incubators as an educational institution. I've often wondered myself it we're looking at the early stages of the next business school, or perhaps a related entrepreneurship program.

asada23

Awesome post about Japanese entrepreneurship.

bijupaul

This is very apt

Daedalusdx

Informative. Thanks.

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