Are Entrepreneurial Attitudes Really Crucial for Entrepreneurial Activities in Japan? Analysis of GEM individual level data from 2001 to 2010

         
Author Name TAKAHASHI Noriyuki  (Faculty Fellow, RIETI) /ISOBE Takehiko  (Keio University) /HONJO Yuji  (Chuo University) /YASUDA Takehiko  (Toyo University) /SUZUKI Masaaki  (Japan Finance Corporation)
Creation Date/NO. March 2013 13-J-015
Research Project International Comparative Analysis of Factors Affecting Start-up Activities
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Abstract

The level of entrepreneurship in Japan has been lower than that of other advanced countries such as the United States. This paper discusses the most effective political measures by setting entrepreneurial activity index dependent variables and entrepreneurial attitude index independent variables. Our assumption is that if entrepreneurial attitude strongly influences activity, political measures designed to work on entrepreneurial attitude would be effective, and, if not, political measures should focus on adults with such attitude. We find that entrepreneurship in Japan is more active than in other advanced countries such as the United Kingdom, France, Italy, and Germany, and is almost the same as that in the United States with the attitude index controlled. The main reason for inactive entrepreneurship in Japan is due to the smaller adult population with entrepreneurial attitude. Therefore, this paper concludes that political measures designed to work on entrepreneurial attitude would be effective.