By Yuji Honjo
This publication addresses 3 vital recommendations within the economy—competition, innovation, and growth—using a number of situations and to be had facts in Japan and different nations. First, the authors talk about festival, together with worldwide festival, to supply a greater figuring out of pageant coverage in Japan. Then, the authors learn the results of human capital and alliance on innovation whereas offering new innovation symptoms. additionally, the authors learn development from the viewpoint of company approach equivalent to acquisition, together with foreign comparability. The interaction of festival, innovation, and progress has been commonplace in Japan, and it nonetheless acts as a catalyst for exciting the stagnant financial system. a greater knowing of festival, innovation, and progress presents the instruments to reinvigorate the stagnant economic system in Japan and to augment the economic climate in different international locations the place the interval of fast progress has ended.
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