Abstract
Research purpose investigates eight Japanese entrepreneurs in the Philippines and generalize their innovation as the new business trends. Research method is qualitative semi-structure interview. In addition to famous “The 7 sources of innovative opportunity of Drucker” and “Schumpeter’s 5 types of innovations”, the research focus on verification using “The New 3 Startup innovations （Time Machine Innovation, Pivot Innovation, Leap Frog Innovation）, as an analysis tool. The three declines of youth ‘entrepreneurial spirit’ ‘overseas desire’ ‘creativity’ and the loss of corporate growth power are one cause of the lost 20 years in Japan.
In addition, issues about localization, problem solving process, overseas expansion are discussed. Key finding is the fact that Japanese young people innovate in a harsh environment abroad and succeed in startup business by entrepreneurship spirit.
