Abstract
Revitalization of the Japanese economy beyond the "lost decade" requires a common vision for the future shared by the industry, academia and government. A new system of academia-industry collaboration designed for this purpose should provide people highly competent in cutting-edge technologies, system design, R&D management and mar-keting. Such a collaboration should be based on the global competitive strength of either party. The interaction between them must have positive effects on the education and R&D activities of universities.
