Getting a startup off the ground is rarely a simple affair. In Japan, the difficulties are multiplied for foreign founders who must jump through a series of hoops to attain the appropriate right to work.
The innovation scene has become much more dynamic in the past decade, especially after the flea-market app Mercari https://www.japantimes.co.jp/news/2018/06/14/business/corporate-business/mercaris-blockbuster-ipo-shows-japans-startups-turning-corner/” target=”_blank” rel=”noopener noreferrer”>attained unicorn status in 2018. Japan has been looking to accelerate growth in this sector further, recently introducing a https://www.japantimes.co.jp/news/2022/08/01/business/daishiro-yamagiwa-startup-minister/” target=”_blank” rel=”noopener noreferrer”>Cabinet post to oversee the promotion of startup policies earlier this month. Some of the old stumbling blocks remain, however.
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