A large part of the planned increase in start-ups is expected to come from universities and government research laboratories, the authorities said.
Japan’s Ministry of Education has since the summer been reforming its system to incentivise universities to boost start-ups as part of the government’s plan to ensure the business start-up rate exceeded the closure rate and increased from 5% of all companies to 10% over the next 10 to 20 years.
A large part of the planned increase in start-ups is expected to come from universities and government research laboratories, the authorities said.
The Ministry of Education has agreed a $1bn…
