GIST Seminar

The 67th GIST Seminar "Formation of innovation eco-systems of the high-tech industries in U.S. and Japan"

The 67th GIST Seminar
Speaker Prof. Michi Fukushima (Professor of Graduate School of Economics and Management, Tohoku University)
Time Thursday, September 24, 5:00 PM - 7:00 PM
Venue National Graduate Institute for Policy Studies, 4th Floor, Room 4B (ACCESS)
Sponsor National Graduate Institute for Policy Studies (GRIPS)
Language English
Fee Free (Pre-registration required)
Document Presentation Slides (1.7M)

Presentation Overview

In this lecture, differences between cluster formation process in the U.S. and Japan are described. Especially I focus on the role of large companies and their collaborations with startups.
In the process of cluster formation, startups play the important roles, especially in the high-tech clusters. Most of startups and spinoffs don't stand alone, rather they are actively interacting with their surroundings (namely eco-system) and taking advantage of resources outside them. In the sense, it really matters for startups where they were located.
For past 30 years, Japanese government has made effort to create supportive eco-system all over the Japan. It is called "policy oriented cluster formation". On the other hand, in the U.S., some high-tech areas that have recognized as high-tech cluster are started by local initiatives in many cases. In addition, some spinoffs from large existing companies appeared in the early stage of cluster formation and they formed networks between them. As a result they turned into a hotbed for entrepreneurs.
The purpose of this lecture is to compare the ways of cluster formations of both countries and discuss how to use the implications for your country's policy making.

Simplified personal history

March 1992: Bachelor Degree (Economics) from Tohoku University
March 1994: Master Degree (Commerce) from Graduate School of Commerce, Hitotsubashi University
March 1997: Withdrawal with Completion of Course Requirements from the Doctoral Program of Graduate School of Commerce, Hitotsubashi University
April 1997: Associate Professor of Graduate School of Economics and Management, Tohoku University
October 2000-September 2002: Visiting scholar of the University of Texas at Austin, IC2 research institute & McCombs School of Business
March 2012: Professor of Graduate School of Economics and Management, Tohoku University


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