Over the past decade, the Japanese government has introduced dozens of programs to foster innovation. Clearly they are having some effect because we are now seeing both an explosion in the number of startups being founded and the number of smaller companies entering the Japanese market.
In this presentation, Japan-based entrepreneur and podcaster Tim Romero will explain why the Japanese model of innovation, however, is developing into something very different from what the government expected and very different from what we’ve seen in Silicon Valley. Longer sales cycles, lower availability or growth capital and the relative rarity of strategic M&A have forced many Japanese firms to be more focused and operationally sound, and there are both good and bad aspects to this situation.
Tim Romero is a Tokyo-based entrepreneur, podcaster and author who has started four companies and led Japan market entry for others since coming to Japan more than 20 years ago. Tim hosts the Disrupting Japan podcast and is deeply involved in Japan’s startup community as an investor, founder and mentor.