Japan lives at the bleeding edge of good enough

Keyence

11/11/2022 02:13

(The author is a Reuters Breakingviews columnist.  The opinions
expressed are his own.)
    By Pete Sweeney
       HONG KONG, Nov 11 (Reuters Breakingviews) - Energy costs
are spiking, the currency plunging, the population aging. Growth
is meh. Tokyo, afraid of being left behind, is trying to compete
with Silicon Valley. Yet returns on innovation may be
overestimated. The country’s biggest problems are a matter of
willpower, not patents.   
    Full view will be published shortly.
    Follow @petesweeneypro on Twitter
    CONTEXT NEWS
    In June 2022 the government of Prime Minister Fumio Kishida
unveiled plans to push the Government Pension Investment Fund to
increase support for startup companies, as part of Kishida’s
“new capitalism” agenda that includes promises to improve human
capital, accelerate decarbonisation and upgrade technology.  
    <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
Graphic: China's revenues from intellectual property overtook
Japan's in 2013    https://tmsnrt.rs/3Ur1lQm
    ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>
 (Editing by Robyn Mak, Katrina Hamlin and Thomas Shum)
 ((For previous columns by the author, Reuters customers can
click on  SWEENEY/ 
SIGN UP FOR BREAKINGVIEWS EMAIL ALERTS https://bit.ly/BVsubscribe
 | pete.sweeney@thomsonreuters.com; Reuters Messaging:
pete.sweeney.thomsonreuters.com@reuters.net))