2017 Volume 16 Issue 5 Pages 243-255
In the first quarter century after World War II, small- and medium-sized businesses were discussed in Japan with no relation to discussions about startups in other countries. For some time after the war, a two-tiered structure theory with a pessimistic approach toward small- and medium-sized businesses was at the fore, and later discussions of medium-sized companies never really focused on startups. However, from the 1970s, with the influence of the U.S., the Japanese-English term “venture businesses” began to take off. Venture capital began to be provided to startups, and these businesses came to be discussed with great expectations.
ABAS is supported by Grant-in-Aid for Publication of Scientific Research Results from the Japan Society for the Promotion of Science.