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Japan Tech: The Foundations of the Innovation RevolutionKeywords: innovation , research and development , Japan , cluster development Abstract: All industrial nations agree that scientific and technological innovation holds the key to 21st century economic prosperity and competitiveness. Japan has responded to the challenges and opportunities of the current environment by investing heavily in basic science and emphasizing efforts to commercializing new discoveries and technologies. Japan’s ability to marshal the resources of government research units, the private sector and a reformed public university system has been matched by substantial government investments and policy initiatives designed to ensure that the country stays at the forefront of the global innovation movement.
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