Japan's Bioventures: Past, Present and Future

Author:

Eyo Shiaw Jia1

Affiliation:

1. Department of Global and Interdisciplinary Studies, Hosei University, Tokyo, Japan

Abstract

This paper reviews the creation and the development of biotechnology start-ups in Japan known as "bioventures". In the early 1990s, the Japanese government began to introduce new policies to promote the development of bioventures. Within the span of a decade, the number of bioventures grew five times. However, majority of them continued to operate at the seed or start-up stage. This paper seeks to explore the underdeveloped state of bioventures in Japan, based on the case study method which includes the use of interviews and reviews of several policies and regulations. This paper also compares the development of Japanese biotechnology industry with the biotechnology industry in the US and Europe. This paper concludes that the lack of a sustainable system of funding is the real issue hindering the development of bioventures in Japan.

Publisher

World Scientific Pub Co Pte Lt

Subject

Management of Technology and Innovation

Cited by 1 articles. 订阅此论文施引文献 订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献

1. Green entrepreneurship intention in university students: The case of Peru;Entrepreneurial Business and Economics Review;2021

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