Recently, alternative lending has been attracting attention in Japan. Alternative lending is a business loan option that falls outside of a traditional bank loan. For example, a Japanese electronic commerce and Internet company Rakuten gives a loan to its online shopping site owners using daily accounting data, and an accounting software company Yayoi also provides a loan to the users based on accounting data stored in the cloud. The banks seem to be losing opportunities to make a loan. Considering such situation, some banks reportedly have started collaboration with IT companies to develop similar services. There have been move to use intellectual property information for examination of new loans. Japan […]

As previously reported, the progress of open innovation is slow in Japan. However, the government has been actively developing measures to promote open innovation. For example, it prepared “University Factbook” which provides contact information of business-academia collaboration office, performance of joint / contract research, performance of patent filing and utilization, and technology field of patent applications and other information of each university, and also announced the scheme of “Innovation Management Hub” which sets up a proven TLO to assist technology transfer for local universities. A recent noteworthy measure is the development of “IP asset platform” to match domestic and international needs with Japanese IP assets such as technology seeds, which […]

Open innovation is essential for companies. It has been said for quite some time now. However, many of Japanese companies seem to be not yet able to make good use of open innovation, comparing to European and American companies. The Japanese government released the White Paper on Open Innovation (the second edition) on June 27 2018. It shows the current status of open innovation and some successful cases in Japan. The findings are that: Collaborative or contracted research between private companies and universities or public institutions has been increasing both in the number of cases and in terms of expense. However, both the proportion of research expense to universities in the […]