RIETI-NISTEP Policy Symposium

Open Innovation as a Key Driver of Japan's Industrial Competitiveness


The importance of "open innovation" for growth and competitiveness is stressed by Japanese government policy in documents such as the Comprehensive Strategy on STI 2014 and the Japan Revitalization Strategy. Accordingly, policy actions including small and medium-sized enterprises (SME) innovation and entrepreneurship promotion, public research institute reform, and research and development (R&D) tax credits for university industry collaborative R&D have been taken. In addition, "Japan Open Innovation Council" was established in February 2015 to promote open innovation by private initiative. They all serve as momentum for reforming the Japanese innovation system into an open and network based one.

In order to turn these actions into economic growth, RIETI and NISTEP will organize an international conference by inviting leading academics from the United States to share their views from the U.S. experience. This conference concludes with discussion on the role of the government in promoting open innovation and possible policy actions, which will feed into the planning and execution of the Fifth Basic Science and Technology Plan for 2016-2020.


  • Time and Date: 13:30-17:50, Friday, August 21, 2015
  • Venue: Iino Hall & Conference Center Room A
    (2-1-1 Uchisaiwai-cho, Chiyoda-ku, Tokyo)
  • Languages: English / Japanese (with simultaneous interpretation)
  • Admission: ¥1,000 (an official receipt will be issued) (Students ¥500; please present your student ID at the reception desk)
  • Hosts: Research Institute of Economy, Trade and Industry (RIETI) / National Institute of Science and Technology Policy (NISTEP)
  • Seating Capacity: 150
  • Contact: RIETI Shimazaki (Tel: 03-3501-8398)


13:30 - 13:40 Opening Remarks

NAKAJIMA Atsushi (Chairman, RIETI)

NARA Hitoshi (Director General, NISTEP)

13:40 - 14:10 Keynote Speech "Promoting Innovation: What's specific to the Japanese context?"

HARAYAMA Yuko (Executive Member, Council for Science, Technology and Innovation (CSTI), Cabinet Office, Japan)

14:10 - 15:30 Presentation "Lecture of U.S. Experiences"

14:10 - 14:30 "A Framework for Evaluating the Beneficial Impacts of Publicly Funded Research"

Adam B. JAFFE (Director and Senior Fellow, Motu Economic and Public Policy Research / Research Associate, NBER)

14:30 - 14:50 "Open Innovation and Entrepreneurial Strategy: Lessons for Policymakers"

Scott STERN (Professor, MIT Sloan School of Management / Research Associate, NBER)

14:50 - 15:10 "The Acquisition and Commercialization of Invention in American Manufacturing: Incidence and Impact"

Ashish ARORA (Professor, Fuqua School of Business, Duke University / Research Associate, NBER)

15:10 - 15:30 Q&A


MOTOHASHI Kazuyuki (Faculty Fellow, RIETI / Director of Research, NISTEP / Professor, the University of Tokyo)

15:30 - 15:50 Coffee break

15:50 - 17:50 Panel Discussion "Policy Implications"

Panelists (in order of appearance)

Jeffrey L. FURMAN (Associate Professor, School of Management, Boston University / Research Associate, NBER)

NAGAOKA Sadao (Program Director and Faculty Fellow, RIETI / Visiting Research Fellow, NISTEP / Professor, Tokyo Keizai University)

Joel WALDFOGEL (Professor, Carlson School of Management, University of Minnesota / Research Associate, NBER)

TANABE Yasuo (Vice President and Executive Officer, Hitachi, Ltd.)

NAKANISHI Hironori (Deputy Director General for Science, Technology and Innovation, Cabinet Office, Japan)


MOTOHASHI Kazuyuki (Faculty Fellow, RIETI / Director of Research, NISTEP / Professor, the University of Tokyo)