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Putting to Work the Model of Entrepreneurship in Japan

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The Entrepreneur in Rule-Based Economics

Part of the book series: Economic Complexity and Evolution ((ECAE))

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Abstract

In order to optimise inferences on the changing sub-system (CSS) of entrepreneurship in Japan, we split the system of factor rules (SFR) into its changing and meta-stable parts: CSS and MSSS (changing and meta-stable sub-systems). Minimum capital requirements, perceived cost of capital, fear of unemployment, business sentiment, the rise of non-regular employment, and demographic change (via an indirect mechanism) are part of the CSS as the causative core of the SFR.

We next identify subgroups of agents by comparing the socio-economic profile of the Japanese “founder force” with that of the general workforce. We then uses susceptibility to CSS rules as the differentiating criterion for the identification of subgroups of agents, which—in turn—enables the formulation of subgroup-specific hypotheses.

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Notes

  1. 1.

    The Small and Medium Enterprise Agency (Chūshō kigyōchō; SMEA) is an entity within the Ministry of Economy Trade and Industry (METI). Originally founded within the former Ministry of Commerce and Industry (1925–49), it was transferred to the Ministry of International Trade and Industry (MITI, 1949–2001) in 1949. It supports legislation and provides information on SMEs, promotes economic development of SMEs and supports business founders and SME management with counselling services.

  2. 2.

    Japan Small Business Research Institute (Chūshō Kigyō Sōgō Kenkyū Kikō; JSBRI), a Tokyo-based foundation, works on collection and analysis of data on SMEs in Japan.

  3. 3.

    Entry to the highest educational level attained assumed at age 20. For the share of individuals born prior to 1930 within the group aged 60 and above, we refer to the education structure as of 1950. The age profile of the founder force enters as weighting factor to the educational profile of the general population separately for every year in the investigation period.

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Authors and Affiliations

  1. University of Zurich, Zurich, Switzerland

    Georg D. Blind

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  1. Georg D. Blind
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Blind, G.D. (2017). Putting to Work the Model of Entrepreneurship in Japan. In: The Entrepreneur in Rule-Based Economics. Economic Complexity and Evolution. Springer, Cham. https://doi.org/10.1007/978-3-319-62779-3_11

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