Asia

Japan puts startup ambitions at center of $2.3tn tech strategy

Japan is placing startups at the heart of a sweeping $2.3 trillion technology strategy. The plan aims to strengthen the country's competitiveness in AI, semiconductors and other next-generation sectors. The startup ecosystem is being positioned as a central engine of growth.

A workspace in a modern technology startup office
A workspace in a modern technology startup officePhoto: cottonbro studio / Pexels
Nikkei Asia1 h ago

Japan is placing startups at the center of a sweeping technology strategy valued at $2.3 trillion, with the government treating the startup ecosystem as a key engine of long-term growth.

The strategy aims to boost the country's competitiveness in artificial intelligence, semiconductors and other next-generation sectors. Japan is seeking to keep pace with regional and global rivals in the technology race.

Under the plan, support for funding, infrastructure and talent aimed at startups is set to expand. Analysts stress that the pace of implementation and the level of private-sector participation will be decisive in determining its success.

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This article is an AI-curated summary of the original story published by Nikkei Asia. The illustration is a stock photo by cottonbro studio from Pexels and is not from the original story.

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