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by chriscatoya
2311 days ago
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Interestingly, this feels related to the low levels of entrepreneurship (Japan ranks 4th lowest in the world) https://bradchattergoon.com/japan-and-entrepreneurship-e468a... These things are neither universally good nor bad: I do believe the Japanese conception of duty (and how it diverges from an American sensibility) plays a large role in the fact 33k businesses are over 100 years old. As an American this many businesses is definitely an impressive number, but then again, 100 years ago the US was only 143 years old. We’re ~3 lifetimes (8 generations) away from the signing of the Declaration of Independence. ️ |
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I think you're right about the sense of duty, it leads people to turning their innovation into something that can help their existing company versus taking it and starting their own firm most of the time.
On the flipside, company management seems more accepting of occasionally taking these radical ideas and rebuilding the whole business around them. Nintendo is a good example.