Entrepreneurship, Innovation and Growth of Venture Businesses in Japan
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概要
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This paper explores the factors influencing entrepreneurs’ attitudes towardrisk and the extent to which emphasize innovation has had on the growth ofventure enterprises. Conclusions are drawn from the findings gathered througha questionnaire distributed to entrepreneurs heading venture businesses inJapan.First, in Japanese venture enterprises the innovative strategies are notaffected by entrepreneurs’ attitudes to risk. However, compared with otherenterprises, entrepreneurs who engage in risky undertakings and market-ininnovation tend to realize a surplus soon after the company was founded.Second, although venture enterprises that adopt low-risk and low-returninnovation activities have a high potential to maintainable growth, this strategyalone is inadequate; entrepreneurship that involves a riskier style ofmanagement is required. Third, innovation alone carried out by ventureenterprises in Japan can not contribute directly to employment creation. Rather,by combining innovation activities with market-in characteristics, enterprisesare more likely to realize a surplus quickly, then achieve maintainable growth,thus indirectly contributing to employment creation
- 富山大学の論文