Japan draws startups but faces challenge keeping them

· Economy · Japan

Japan is attracting startups, but whether it can keep them is an open question, according to a report. The country has been trying to build a stronger entrepreneurial ecosystem to offset slow growth and an ageing population. The report did not give specific figures on startup formation or retention. Retaining young companies matters for jobs, innovation and tax revenue.

Why it matters:Whether Japan can retain startups will determine if its push to revive entrepreneurship translates into lasting growth.

Key points

  • Japan is drawing startup interest
  • Retaining startups remains uncertain
  • The push aims to offset slow growth and ageing

Sources (original reporting)

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