::: Japan tech trends 2010 :::
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Opening and globalizing Japan (post-Galapagos?) Jan. 12, 2010
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Greetings!
"...we have entered a new age in which Japan needs to cooperate with other nations and regions for mutual growth, rather than compete with them" (Yorihiko Kojima, President of Mitsubishi Shouji, in Nikkei of January 2, 2010).
Japan used to be a closed country (the Japanese term is "sakkoku"), and "sakkoku" thinking is deeply ingrained in many (not all) Japanese people's thinking and actions. Actually, if you live longer in Japan, you will meet Japanese people at all levels who are working hard to overcome the "sakkoku" philosophy. Some of my own thoughts on the "sakkoku" issue are summarized in the presentation I gave some years ago at Stanford University (for the original Stanford Univ talk click here, for an updated version click here (pdf file)).
For someone like myself, who has worked about 25 years with Japan's technology sector, a call by the CEO of Japan's largest trading company for Japan to cooperate with other nations rather than compete is quite breath-taking innovation... and its an excellent indication for Japan to overcome the negative effects of "sakkoku", which have recently been much discussed up to Government level as the "Galapagos effect". Actually, I am the only non-Japanese working on the Government/Industry/Academia "Post-Galapagos committee" - working to overcome the "Galapagos effect".
"Sakkoku" and the "Galapagos effect" have positive aspects: some technologies have advanced far more and far earlier in Japan then in other countries. Among these areas areas are mobile internet, electronic money and mobile payments. The trick for Japan is not only to create highly advanced technologies such as these - but also to build corresponding global businesses. Maybe we will start to see more of these in 2010....
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::: Japan's mobile markets continue to grow :::
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Japan's mobile markets continue to grow at the rate of 5 million or more per year.
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::: Eurotechnology Japan newsletter schedule :::
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Planned newsletter schedule:
January 2010 issue:
"New opportunities vs old mistakes - foreign companies in Japan's high-tech world". Based on a presentation given on November 18, 2009 to the Netherlands Chamber of Commerce in Japan (first version given at Stanford University).
Single copy/individual subscription | Corporate subscription | download free sample
February 2010 issue (planned, changes may occur):
"e-Money, mobile payments, mobile commerce - will cash become obsolete?".
Based on a presentation given on October 7, 2009, 12:00 to the American Chamber of Commerce in Japan (ACCJ) (first version given to the global Mobile Payment Forum).
March 2010 issue (planned, changes may occur):
"Japan's media revolution"
Based on presentations to top management of one of Europe's large TV and media corporations, and at Global Media Forum BCWW2009 in Seoul, Korea.
Subscribe and download our monthly newsletters:
Single copy/individual subscription | Corporate subscription | download free sample
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Founded in 1996/1997 in Tokyo, Eurotechnology Japan KK focuses on telecommunications and environmental industries. We work on M&A and help foreign companies grow in Japan, we help Japanese companies globalize, and we have advised about 100 investment fund managers over the years on technology industries. Our founder Gerhard Fasol works with Japan's telecom industry since 1984.
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Sincerely,
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Your Eurotechnology-Japan Team
Eurotechnology Japan K. K. |
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