Despite having high tech competence, Japan has not yet managed to create a thriving startup ecosystem. One of the main factors holding back new ventures is poor access to finance. It is estimated that on average a Japanese startup can…
All posts filed under “Asia”
Why Isn’t Entrepreneurship So Popular in Japan?
Japan has had a continuous record of low entrepreneurial activity in the Global Entrepreneurship Monitor (GEM) since 1999. In 2015, Japan’s total early-stage entrepreneurial activity (TEA) rate was estimated at 3.8%, well behind the US (11,9%) and China (12,8%) – the…
Singapore: Smart City No. 1
Sidewalk Labs is about to make a proposal to Alphabet Inc., its parent company, to start a new business: developing smart city infrastructure. It would partner with city municipalities which would like to integrate a lot of new technologies into…
Global Economy 2016: China’s Slowdown Factor
The International Monetary Fund (IMF) forecasts that next year the global economy will grow by 3.6%, up from 3.1% this year. According to the Organisation for Economic Co-operation and Development (OECD), global GDP should increase from 2.9% in 2015 to…