These results suggest that, at least for these high-market-expectation technologies, large companies are driving technological development in Japan, while the relative technological capabilities of universities, research institutions and startups have not yet fully developed. Amid concerns about a shrinking economic scale and declining international competitiveness due to Japan’s aging population and declining birthrate, it is considered necessary for companies, universities, research institutions and startups to comprehensively strengthen their competitiveness and to collaborate with one another in order to efficiently improve Japan’s international competitiveness.
As related initiatives, the Ministry of Education, Culture, Sports, Science and Technology (MEXT) has, since FY2023, launched programs that support basic research, talent development and industry-academia collaboration, such as the Innovative GX Technology Creation Program (GteX) and Advanced Low-Carbon Technology Research and Development (ALCA-Next).*14 At the same time, concerns over the relatively small number of climate-tech startups in Japan, compared with other countries, and the importance of fostering such startups are also being discussed from the perspective of industrial development policy.*15 In Japan, the government has historically promoted policies related to industrial structure and industrial location since the period of high economic growth. However, in light of increasing uncertainty, a policy direction is now being discussed in which the government shifts to a supportive role for companies aiming to strengthen their competitiveness.*16 Against this backdrop, industrial location decisions are expected to place greater emphasis on alignment with existing infrastructure, the competitiveness and growth potential of development plans including the participation of startups and venture companies, and the commitment of local governments.*16 Given this context, it will be essential for companies, startups, universities, research institutions and local governments to work together strategically to formulate a shared vision, drawing on data-driven and objective analyses of technology trends and competitiveness, and to pursue the development of climate-tech and GX technologies as well as competitive industrial location strategies.
Analysis Using Intelligent Business Analytics
Intelligent Business Analytics is a new strategic analysis tool that uses AI to analyze global patent data and corporate financial and investment information for specific technology domains. It enables qualitative analysis of patented technologies and quantitative analysis of corporate investments, and offers a range of capabilities such as providing a market-oriented overview of technology trends and companies’ technology portfolios. By identifying macro trends and understanding each company’s technology strategy, IBA provides new insights for corporate strategic planning through its consulting services.
IBA utilizes data related to patents, financials and investments. By combining business data with technology data, IBA supports a wide range of use cases, including new business development, R&D strategy formulation, the identification of alliance partners or M&A targets, and technology due diligence. In addition, the ability to visualize an individual company’s technology portfolio and to drill down into its financial and patent data serves as a key differentiating feature of IBA. This enables both idea generation through trend identification and hypothesis testing, allowing companies to formulate more concrete and robust new business development and R&D strategies.
link
