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Realizing
an Entrepreneurial Society
—Entrepreneurship and Venture Businesses as Keys to Economic
Recovery—
(March 8, 2002)
National Forum on Entrepreneurship and Venture Business |
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For
over two years, the National Forum on Entrepreneurship and
Venture Business has been working closely with people representing
various strata of society in launching wide-ranging activities
throughout Japan to create an environment and mentality for
nurturing active entrepreneurs. The results of these activities
are presented in the following proposal.
Urgent Proposal
The current economic situation presses for a mechanism to
generate technologically advanced and high value-added venture
businesses that can help revive the economy. In response to
this need, the forum identifies three areas that require urgent
attention. |
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| 1. |
Higher budget
priority should be placed on areas related to the research,
development, operation, and growth of advanced technologies
that are expected to support the Japanese economy in the future.
Also, thorough reexaminations of government budget allocation
methods and current restrictions placed on obtaining patents
for inventions are necessary. |
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| 2. |
Some venture businesses,
despite their excellent technology, are confronting
a crisis caused by the withdrawal of funds by financial institutions
and curtailment of venture capital investment. A scheme to
provide risk money to such venture businesses should be promptly
devised. |
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| 3. |
To ensure that
angel capital is efficiently provided to venture businesses
having superior technology, sweeping improvements need to
be made in regard to angel investments and taxation systems
for venture business assistance. |
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