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University startups and ventures and the competitiveness of the country: experience of Japan

https://doi.org/10.24411/2500-2872-2018-10030

Abstract

The article deals with the problems of development of university science in Japan, highlights the role of university startups and ventures in the innovative development of Japan and the improvement of national competitiveness. In the age of the fourth industrial revolution, the transnationalization of business, and the shift of the focus of competition towards the innovation sphere, the scientific and technical strategy of Japan is undergoing significant changes. In the context of building the Society 5.0 - a “super smart society, where new values and services will be created through the active use of cyberspace, which will bring prosperity to the people” - what becomes prioritized are such directions of scientific-technical and innovation policy as the consolidation of efforts of business, government, and academia, a more active use of the potential of university science on the principles of “open innovation”, the commercialization of research results conducted by universities, and the development of innovative entrepreneurship in the form of startups and ventures. The national policy of support for university venture companies, which has been implemented for 20 years, is represented by three main areas: assistance in the creation of new startups, support for existing ones, strengthening their financial base. The most relevant direction of modern-day policy is the creation of the “startup ecosystem” - a mechanism in which entrepreneurs, existing companies, universities, research institutes, financial institutions, and government agencies can interact as participants in the cyclical process of company foundation, growth, maturity, and renewal. The author analyzes the organizational and legal basis of this policy, its financial instruments. The author pays special attention to the study of the Japanese practice of protection of intellectual property rights to the results of research conducted at universities and the creation of technology transfer systems at universities (TLO). The article deals with the forms of interaction between university science and business, as well as the main types of startups focused on universities, highlights the activities of universities in the field of intensification of research, commercialization of its results, including through patenting, as well as the problems of management of university science and the introduction of modern business practices in this area.

About the Author

Irina L. Timonina
Moscow State University; MGIMO University; The Russian Presidential Academy of National Economy and Public Administration
Russian Federation


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Review

For citations:


Timonina I.L. University startups and ventures and the competitiveness of the country: experience of Japan. Japanese Studies in Russia. 2018;(4):92-110. (In Russ.) https://doi.org/10.24411/2500-2872-2018-10030

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