Japanese large companies have been stealing SMEs’ intellectual property. This issue was brought up in a working group discussing the improvement of business conditions for SMEs or subcontracting companies, as reported in our previous article. Then, Japan Fair Trade Commission (JFTC) conducted surveys on the handling intellectual property in the transactions in manufacturing industry, and published the report on June 14 2019. JFTC had responses from 15,875 manufacturers, and received reports of 726 incidents. The reported incidents include: Forcing the disclosure of know-how, to manufacture in-house or make other cheaper companies manufacture the product using such know-how. Doing joint research only by name, in which only a subcontracting company works […]
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 […]
A Japanese local government Kawasaki-city, which plays an active role in patent licensing between large companies and SMEs as presented here, has set out on a new endeavor. Kawasaki-city invites creators to an IP business matching event to ask them to propose applications of patented technologies of participant large companies. For this, Kawasaki-city works with an agent company CREEK & RIVER to ask dispatch of the creators. Here is a press release (in Japanese) for this project, published by CREEK & RIVER. In this scheme, the key is whether or not the creators can propose specific products that SMEs are most interested in implementing such patented technologies. Also, extra care […]
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 […]