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PROSPECTUS

Tadao Kiyonari
Special Adviser,The Japan Academic Society
for Ventures and Entrepreneurs(JASVE)

More and more people in the Japanese business community see roadblocks ahead on the pathway to the future. Many lose confidence when their successes are followed by failure. The situation in the manufacturing sector is not entirely bleak, yet many of our existing industries are mature, and performance gaps are widening between companies in every sector. Businesses are starting to fall by the wayside.
The only way to break out of this stagnation is through the creation of new industries. The economic recovery achieved by the United States in the 1990s was attributable, in large measure, to the emergence of new industries based on innovation by numerous venture companies. For evidence of this one has only to consider the achievements of high-growth venture firms such as Microsoft, Compaq, Silicon Graphics, Sun Microsystems, Cisco Systems, Oracle and Dell Computer.
Many in Japan assume that new industries will germinate naturally if we can just ease government regulation. In fact, deregulation merely creates business opportunity, but this does not lead automatically to the creation of new industries. For that we need entrepreneurship. Deregulation is simply one of the prerequisites for the process-it is not the only necessary condition.
We need to foster entrepreneurship in Japan by creating an entrepreneurial culture, and once an entrepreneurial culture is in place, the number of entrepreneurs will expand of its own volition.
Respect for individuality and tolerance of difference are among the general conditions required to foster an entrepreneurial culture. Encouraging the entrepreneurial spirit is also very important, but encouragement alone is not enough to guarantee success. The advancement of entrepreneurship will inevitably be accompanied by a high incidence of failure. Accordingly, we need to develop a culture that is tolerant of failure. To be more precise, we must give a second chance to those who have learned from failure. That does not mean, however, that we should simply accept failure.
There are number of critical points in the business development process. The challenge for the entrepreneur is to find ways to survive at each of these critical points, and this is an essential area for research. In addition to a positive list of conditions for success, it isalso useful to offer entrepreneurs a negative list -a"don't do list"-setting out ways in which to avoid failure. Without both such lists, survival through the critical points is not easy.
In an era that places a premium on intellectually creative activity, cooperation between industry, academia and government will be more important than ever for the creation of new industries. It will be important, too, to study the actual cooperative processes that link industry, academia and government. By identifying programs in industry-academia-government cooperation, it should be possible to invigorate the cooperative process.
The research priorities for this JASVE are many and varied, and a multi-disciplinary approach is essential. Also, we will need to manage our activities differently from those of other research associations. Factors that will contribute to the expansion of our research activities include the formation of study groups and the development of study group initiatives in response to the autonomous discovery of new research themes and networking among various subgroups. We are confident that members will benefit considerably from active participation.

PRESIDENT'S MESSAGE

Akio Nishizawa
President,The Japan Academic Society
for Ventures and Entrepreneurs(JASVE)

I take on the position of JASVE President with much responsibility under the strong request and support of its ex-President, Dr. K. Kanai. I plan to develop and hand over to the next generation a successful JASVE that contributes greatly to the thriving ventures and entrepreneurs in Japan while building upon the laudable efforts of ex-President, Dr. Kanai, who tried to strengthen the function of JASVE as a "Thinking" and "Acting" academic society. To achieve this most important task, I will need the strong support and cooperation of all JASVE members.
While ventures are expected to create innovation and rejuvenate the regional economy, there seems to be a dearth of entrepreneurial activities in developed countries except the United States. The relationship between Total Early-stage Activities (TEAs) and per-Capita GDP, which had been captured as parabolic curve with a bottom of a little over US $30,000 for both factors, can be seen as a decrement curve in the latest version of the Global Entrepreneurship Monitor Report, the GEM 2014 Global Report. In the times of the parabola, Japan could be seen as a singular point at the bottom of the TEAs, but now becomes normal for most developed countries. Now, the US becomes the singular point of highest TEAs among the developed countries. In the US, the singular point of TEAs has proliferated from the Silicon Valley to the rest of the country, according to 2015 The Kauffman Index. Also, a new development structure, where each region can compete with each other to create innovation with its TEAs, has emerged to rejuvenate the regional economy through the formation of high-tech industries. As a developed country, Japan requires the formation of new industries through a large number of new establishments (=thriving Ventures), growth Ventures (=IPOs), and agglomeration of these growth Ventures (=Clustering) to spur he rejuvenation of its Brownfields. It may be said that the building of the Eco-systems instead of the Market-mechanism is indispensable for the realization of this task.
It may not be wrong to say that JASVE can greatly contribute to solve the above-mentioned issue faced by Japan as a developed country. I will run JASVE with the aim of developing and establishing a "Thinking" and "Acting" academic society as advocated by ex-President, Dr. Kanai, society where researchers and businessmen can enlighten each other to contribute and solve the pressing problems of our country. I conclude my greeting with a request for your continued strong support and cooperation for JASVE to play an important role in Japan.

EXECUTIVE


●Special Adviser
Tadao Kiyonari (The Graduate School of Project Design /Adviser)

●Adviser
Tsutomu Shida (SHiDAX Corporation/Supreme Advisor)
Nano Hiko (Tama University/Professor Emeritus)
Shuichi Matsuda (Waseda University/Professor Emeritus)

●President
Akio Nishizawa (Toyo University/Professor)

●Vice president
Yoshihiko Akashi (Osaka University of Commerce/Professor)
Hiromu Ikeda (Graduate Institute For Entrepreneurial Studies/President)
Shigeo Kagami (The University of Tokyo/Professor)
Hironori Higashide (Waseda University/Professor)
Michi Fukushima (Tohoku University/Professor)

●Director
Shingo Igarashi  (Robert T. Haung Entrepreneurship Center of Kyushu University(QREC)/Dupty Director General & Associate Professor)
Ryuji Ichikawa (Venture Enterprise Center,Japan/President)
Yoshio Ichiryu (Ichiryu Associates Inc. /President & CEO)
Hiroyuki Ito (Shiga University/Professor)
Kyosuke Inagaki (Hosei University/Professor)
Yoshihiro Eshima (Osaka University of Economics/Professor)
Hideo Okubo (Forval Corporation/Chairman & CEO )
Shuichi Okuhara (Nippon Venture Capital Co.,Ltd./President)
Tomoyo Kazumi (Senshu University/Professor)
Kazuyori Kanai (Osaka University of Commerce/Professor)
Taewook Kim (Kinki University/Professor)
Masaki Kuroki (Ritsumeikan University/Professor)
Tatsuhiko Sato (SATO&ASSOCIATES/Patent attorney・President)
Minoru Sawai (Nanzan University/Professor , Forum for Entrepreneurial Studies/President)
Akemi Shimomura (The Tokyo New Business Conference/Chairman)
Hideki Shouji (TOYO SYSTEM Co., LTD. /Chair of the Board & CEO)
Haruomi Shindo (Osaka City University/ Professor)
Shinichiro Suzuki (Ernst & Young ShinNihon LLC/Growing Enterprise Support Leader, Strategic Markets Division)
Sachio Semmoto (Renova, Inc./Chairman, Representative Director)
Atsushi Takahashi (Deloitte Touche Tohmatsu LLC/Partner)
Noriyuki Takahashi (Musashi University/Professor)
Noriko Taji  (Hosei University/Professor)
Katsunori Tanaka  (MITSUBISHI ESTATE CO., LTD./Executive Officer, Corporate Planning Department General Manager)
Toru Tanigawa  (Kyushu University/Professor)
Ryutaro Tsunoda‎ (Nagoya City University/Professor)
Satoshi Nakamura (Mori Hamada & Matsumoto/Lawyer)
Yuji Nonagase (Setsunan University/Professor)
Mitsuko Hirata  (Nihon University/Professor)
Shinichi Fuki (JAFCO Co., Ltd./President & CEO)
Kazuo Furukawa (New Energy and Industrial Technology Development Organization (NEDO)/Chairman)
Shigeru Matsushima (Tokyo University of Science/Professor)
Ryuichi Morishita (Osaka University/Professor , AnGes MG, Inc./Founder & Scientific Advisor)
Eiichi Yamaguchi (Kyoto University /Professor)
Kozo Yamada (Sophia University/Dean & Professor)
Jin-ichiro Yamada (Osaka CIty University/Professor)
Mamoru Yamamoto (KPMG AZSA LLC/Partner)
Keiko Yokoyama (Kansai University/Professor)
Naoki Wakabayashi (Kyoto University/Professor)

●Auditors
Ko Kumagai (Tohoku Innovation Capital Corporation/President & CEO)
Shigeru Nishiyama (Waseda University Graduate School of Commerce/Professor)
Sadahiko Yoshimura (Certified Public Accountant)

●Secretary-General
Mariko Tamura (The Japan Academic Society for Ventures and Entrepreneurs/Secretary-General)