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by adario
5594 days ago
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There's comment made on the site under the post which I think is the most accurate, concise, spot on explanation of the difference between the Japanese market and the American market. Here it is:"Could Japan be a secret counter-example to the worldview that sees prosperity coming only from high growth? Maybe the Japanese have in many ways decided that they don't want high growth lives?" I say the answer to that likely rhetorical question is YES. I've been traveling to Japan for business for 10 years and I think this difference in approach is the chief reason why most American firms never really 'get' Japan. Their business motives and market DNA are fundamentally different from America's devotion to growth and scale. In Japan it's not about growth, it's about consistency and quality, often even to the detriment of the business. I think that's also why, in terms of tech startups, Korea & China & Singapore will ultimately leave Japan behind. |
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