{
  "title": "Startups and Venture Capital in Japan: How to Grow",
  "publication": "Selected Issues Papers, July 1, 2024",
  "sourceUrl": "https://www.imf.org/en/publications/selected-issues-papers/issues/2024/07/01/startups-and-venture-capital-in-japan-how-to-grow-551238",
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  "summary": "The startup ecosystem in Japan has seen gradual growth, supported by the government’s recent \"Startup Development Five-Year Plan\" and a significant interest from overseas venture capital.",
  "sections": [
    {
      "heading": "Overview",
      "content": "- Authors: Salih Fendoglu, TengTeng Xu\n- Publication date: July 1, 2024\n- Series: Selected Issues Paper No. 2024/027\n- Issue: 027\n- Volume: 2024\n- Pages: 16\n- DOI: https://doi.org/10.5089/9798400280610.018\n- ISBN: 9798400280610\n- ISSN: 2958-7875"
    },
    {
      "heading": "Context and scope",
      "content": "- Examines the startup financing ecosystem in Japan with comparisons to international peers.\n- Analyzes potential drivers of startup financing and their relevance for startups’ performance.\n- Uses both country-level aggregate analysis and further analyses at the firm level."
    },
    {
      "heading": "Key findings",
      "content": "- The startup ecosystem in Japan has seen gradual growth, supported by the government’s recent \"Startup Development Five-Year Plan\" and a significant interest from overseas venture capital.\n- Country-level aggregate analysis underscores the critical role of firm dynamism and entrepreneurship in supporting capital investment and firm valuations.\n- Firm-level analyses suggest that equity funding helps startups innovate, grow, and successfully exit.\n- The impact of funding on the likelihood of a successful exit appears to be higher in cultures that seem to reward risk taking."
    },
    {
      "heading": "Subject classification and keywords",
      "content": "- Subject: Development, Development strategy, Financial markets, Initial public offering, Labor, Self-employment\n- Keywords: Development strategy, fiscal transfers, funding affect startup performance, Global, helps startup, Inequality, Initial public offering, labor market duality, Self-employment, startup ecosystem, startup financing, TengTeng xu, wage gap"
    },
    {
      "heading": "Publication access",
      "content": "- Formats and availability: Web landing page with PDF download option and multiple eLibrary formats noted.\n\nSource: IMF Selected Issues Paper No. 2024/027 (Startups and Venture Capital in Japan: How to Grow), July 1, 2024.\n\n---\n\n Content in this bundle\n\n- Sipea2024027\n  - Sipea2024027 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Sipea2024027 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/selected-issues-papers/issues/2024/07/01/startups-and-venture-capital-in-japan-how-to-grow-551238"
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    "Authors: Salih Fendoglu, TengTeng Xu",
    "Published: July 1, 2024",
    "Series: Selected Issues Papers",
    "DOI: https://doi.org/10.5089/9798400280610.018",
    "Authors: Salih Fendoglu, TengTeng Xu",
    "Publication date: July 1, 2024",
    "Series: Selected Issues Paper No. 2024/027",
    "Issue: 027",
    "Volume: 2024",
    "Pages: 16",
    "DOI: https://doi.org/10.5089/9798400280610.018",
    "ISBN: 9798400280610",
    "ISSN: 2958-7875",
    "Examines the startup financing ecosystem in Japan with comparisons to international peers.",
    "Analyzes potential drivers of startup financing and their relevance for startups’ performance.",
    "Uses both country-level aggregate analysis and further analyses at the firm level.",
    "The startup ecosystem in Japan has seen gradual growth, supported by the government’s recent \"Startup Development Five-Year Plan\" and a significant interest from overseas venture capital.",
    "Country-level aggregate analysis underscores the critical role of firm dynamism and entrepreneurship in supporting capital investment and firm valuations.",
    "Firm-level analyses suggest that equity funding helps startups innovate, grow, and successfully exit.",
    "The impact of funding on the likelihood of a successful exit appears to be higher in cultures that seem to reward risk taking.",
    "Subject: Development, Development strategy, Financial markets, Initial public offering, Labor, Self-employment",
    "Keywords: Development strategy, fiscal transfers, funding affect startup performance, Global, helps startup, Inequality, Initial public offering, labor market duality, Self-employment, startup ecosystem, startup financing, TengTeng xu, wage gap",
    "Formats and availability: Web landing page with PDF download option and multiple eLibrary formats noted.",
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