An article in today’s San Jose Mercury News, New generation of Japanese entrepreneurs sets sights on Silicon Valley, brings renewed optimism to a resurgence of Japan as a global leader in technology. Much of Japan’s stagnancy in recent years in technological advancements can be traced to their cultural and philosophical conservatism in business development and investments in nurturing innovation.
If there’s a silver lining in the disaster struck in Tohoku area by the 2011 earthquake, it may be the changing attitudes in Japanese business, best expressed by a quote in the story “We felt death closer than before. Now we don’t want to work for the big company. We want to work for ourselves. The biggest risk is that something could happen to you before you do something you really love. It could happen anytime, anywhere.”
Having just returned from meetings with business leaders in Tokyo as well as with relief organizations in the Tohoku area, Steve Yamaguma, a principal contributor to IdeArbitrage, will be be sharing his personal observations for his recent experiences here in these blogs.