5 ms·
Japan has the most stable environment for companies. In the list of the oldest 5 worldwide the japanese companies were founded in 578 until 771 AD, which makes
by fxj 6y ago
Japan has the most stable environment for companies. In the list of the oldest 5 worldwide the japanese companies were founded in 578 until 771 AD, which makes them more than 1400 years old!
According to a report published by the Bank of Korea in 2008 that looked at 41 countries, there were 5,586 companies older than 200 years.
3,146 (56%) are in Japan
837 (15%) in Germany
222 (4%) in the Netherlands
196 (3%) in France
Of the companies with more than 100 years of history, most of them (89%) employ fewer than 300 people. A nationwide Japanese survey counted more than 21,000 companies older than 100 years as of September 30, 2009.
https://en.wikipedia.org/wiki/List_of_oldest_companies https://en.wikipedia.org/wiki/List_of_oldest_companies
- jansan 6y agoThe list contains a few pharmacies from the 14th century that are still in business. Quite impressive, I really wonder what they were selling more than 600 years ago.
- thrwyoilarticle 6y agoI wonder if this is because of mixed, pedestrian-friendly zoning. In the UK it's equal effort to drive to a supermarket as it is to walk to a 'local' shop.
- jandrese 6y agoJapan had some advantages in this regard. Being a fairly small nation it was possible to centrally administer it without the government splintering every couple of decades. Being an island nation meant they were difficult to invade. The final point in their favor was a rigid political hierarchy that discouraged mid-level officials from getting too ambitious unlike Europe.