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Japan must aim high or step aside in startup game

Japan must aim high or step aside in startup game

Japan, once stagnant, is now poised for a transformative economic revival driven by technological innovation and entrepreneurship. The younger workforce no longer conforms to traditional corporate norms, opting for risk-taking and creativity. The aftermath of Japan’s lost decades is fading, with global talent recognizing the nation’s soft power. Investors are turning to Japan for stability amidst China’s tech uncertainties, and closer U.S.-Japan relations are fostering growth opportunities.

This opportune moment necessitates bold action from policymakers and ambitious support for startups. Japan’s government is beginning to champion entrepreneurship, albeit in a bureaucratic manner. To truly succeed on a global scale, Japan must carve its own innovative path rather than imitate others. The stage is set for lasting change, with the potential for Japanese companies to make a significant impact worldwide.

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