5 ms·
There are a few currents working against startups in Japan: - Smart, ambitious people tend to join large, prestigious corporations, or government agencies - U
by MikeMacMan 15y ago
There are a few currents working against startups in Japan:
- Smart, ambitious people tend to join large, prestigious corporations, or government agencies
- Up until a few years ago, forming a company was very expensive (3 million yen minimum)
- Seniority is a powerful force in the Japanese workplace, which I suspect prevents young college grads from introducing the latest technologies in their companies.
- Japan has struggled to transition to a post-industrial economy, and IT is still dominated by hardware companies.