Using Open Innovation to Leverage Japan’s Strengths
A paper posted on the Arizona State University website argues that while Japan’s challenges are real and severe, gloom is not necessarily warranted. It stresses that some of the very institutional and business factors blamed for Japan’s current difficulties can, in fact, be become sources of competitive advantage for Japan and Japanese companies if transformed by a shift to more open innovation. It briefly reviews several key challenges facing Japan; it suggests that potential strengths are hidden among these challenges, and it suggests how open innovation can help leverage these strengths.
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