Koji NAKANO1)(ORCID: http://orcid.org/0000-0002-7752-7236)
1) Faculty of Business Administration, Toyo University
venture business, two-tiered structure theory, medium-sized company theory, venture boom
The final version of this article with its full bibliographical information is available. To access the article, click here (Vol. 16 (2017), No. 5 pp. 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.
Edited and published by : Global Business Research Center, UTokyo MERC Produced and listed by : Global Business Research Center, Yuhikaku