Innovation plays a significant role in revitalizing the sluggish economy. It brings the world into an intensified competition over how to collect seeds of innovation such as science research findings from across the world, develop them to a commercialization stage, and bring the resulting benefits to the society at large. That is, countries around the world are competing to create a "National Innovation System" or a social mechanism that provides a fertile soil for seeds of innovation. As specific steps, the United States enacted the America COMPETES Act in 2007, and China amended the Law of the People's Republic of China on Progress of Science and Technology in the same year.
In this project, we will conduct analysis on corporate data focusing on business activities expected to lead to the enhancement and deepening of innovation, and propose policies that facilitate the spread of spillovers of innovation across the Japanese economy.
April 1, 2011 - March 30, 2012