Heightened Expectations for National Universities as the Source of Knowledge for Innovation

Abstract

Expectations for University-Originated Venture Businesses and Issues Related to Collaboration In Japan, in the Japan Revitalization Strategy 2016 adopted by the cabinet in 2016, the promotion of full-fledged industry-university-government collaboration was advocated as an “organization” to be “organization” involving top executives of universities, national research and development (R&D) institutes, and enterprises. As a specific target of the Strategy, the public and private sectors agreed to increase the amount of investments into universities and national R&D institutes from private three times by fiscal year 2025. As a result, investments in university-originated venture businesses (UVBs) and business alliances with UVB have been increasing.

Keywords: national universities, Japan, innovation, university-originated venture businesses, UVBs