3 ms·
Japan has the 3rd highest GDP with a population that is roughly 40% to that of the US. With that said, business in Japan is quite difficult if you're not Japan
by kainolophobia 10y ago
Japan has the 3rd highest GDP with a population that is roughly 40% to that of the US.
With that said, business in Japan is quite difficult if you're not Japanese, though that's starting to change in recent years. Some say their startup ecosystem is 10 years behind that of the US.
- grillvogel 10y agoit isn't 10 years behind. the whole idea of startups is kinda at odds with japanese culture, this is not necessarily a bad thing.
- doktrin 10y ago> this is not necessarily a bad thing Can you elaborate on how it's a good, or neutral, thing? Startups may be imperfect creatures, but I perceive them to have a net-positive influence on the economy (and, to be clear, I don't work for one). How is their absence from the Japanese economy a good thing?
- kainolophobia 10y agoYou're not wrong, and I agree that there is more cultural opposition to startups. The 10 year comment was from a discussion I had with a Japanese investor/entrepreneur while in Tokyo last fall. He built his other businesses in the US, and related the current state of Japan's startup scene (funding, opportunities, etc) as being similar to that of the US about 10 years ago.