The previous article on possible revision of IP litigation system covered different positions taken by large companies and SMEs; – i.e SMEs asking for improvement of the status of patent holders and large companies wanting the maintenance of the status quo. Now another confrontation between them has been obtaining attention. According to the document distributed in a government-appointed working group discussing the improvement of business conditions for SMEs or subcontracting companies, some experts in the field of antitrust and subcontracting law have brought up the issue of intellectual property rights and know-how having been siphoned from subcontracting companies into large companies in dominant bargaining position. In response to this suggestion, […]
There may be an increase in cases where foreign companies acquire Japanese SMEs. Japan is facing the issue of business succession of SMEs. Many SMEs have problems of aging managers and undecided successor. The government believes that there is a potential that approximately 6.5 million jobs and GDP of JPY 22 trillion (USD 200 billion) will be lost by 2025, if left unaddressed, according to the document published in January 2018. Therefore, in order to prevent closing down of good-standing SMEs, the government is considering introducing them to foreign companies via JETRO. JETRO told us that it has been discussing it in the following directions: JETRO will be granted […]