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By Yuji Honjo

This publication addresses 3 very important options within the economy—competition, innovation, and growth—using quite a few instances and to be had information in Japan and different international locations. First, the authors talk about festival, together with worldwide festival, to supply a greater figuring out of pageant coverage in Japan. Then, the authors learn the results of human capital and alliance on innovation whereas offering new innovation signs. additionally, the authors study progress from the point of view of company approach akin to acquisition, together with foreign comparability. The interaction of pageant, innovation, and progress has been customary in Japan, and it nonetheless acts as a catalyst for exciting the stagnant financial system. a greater figuring out of pageant, innovation, and progress presents the instruments to reinvigorate the stagnant economic climate in Japan and to augment the financial system in different international locations the place the interval of quick progress has ended.

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