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Beyond TechnonationalismBiomedical Innovation and Entrepreneurship in Asia$
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Kathryn C. Ibata-Arens

Print publication date: 2019

Print ISBN-13: 9781503605473

Published to Stanford Scholarship Online: September 2019

DOI: 10.11126/stanford/9781503605473.001.0001

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Classic Technonationalism in Japan

Classic Technonationalism in Japan

Beyond the “Miracle” and “Lost” Decades

(p.60) Chapter 3 Classic Technonationalism in Japan
Beyond Technonationalism

Kathryn C. Ibata-Arens

Stanford University Press

Japan’s strengths in intellectual property production have since the 1990s failed to translate into globally competitive new-product and new-business creation. Insular institutions and business practices have created “sticky” networks. These structures, while protecting weak industries from global competition, have trapped nascent entrepreneurs and undermined human-capital development. Yet Japan remains the largest market for biomedical products and services in Asia. Its aging population is driving ever-increasing health care consumption, while the shrinking size of its working population means that growth must be based on productivity gains. These demographics provide opportunities for foreign firms and investors to enter Japan, potentially enriching Japanese networks in the future. The Japanese state has encouraged international science and technology collaborations since 2000, which has led to growth in international copatenting, a potential first step to broader internationalization and open networks.

Keywords:   biomedical products, aging population, stem cell, Abenomics, insular networks, Kyoto University, METI, immigration, lost decade

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