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OKUYAMA Ryo
Department Ritsumeikan Asia Pacific University College of International Management Position Professor |
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| Language | English |
| Publication Date | 2024/11 |
| Type | Research paper |
| Peer Review | Peer reviewed |
| Title | Leveraging Corporate Assets and Talent to Attract Investors in Japan: A Country with an Innovation System Centered on Large Companies. |
| Contribution Type | Single Work |
| Journal | Journal of Risk and Financial Management |
| Journal Type | Another Country |
| Volume, Issue, Page | 17(12),pp.539 |
| Authorship | Lead author,Corresponding author |
| Author and coauthor | Ryo Okuyama |
| Details | Drug discovery and development demand substantial investment and time, yet Japan has relatively few high-valuation biopharmaceutical startups due to limited entrepreneurial activity in this sector. Unlike other countries, large companies dominate Japan’s innovation system, possessing valuable assets and talent. This study analyzed data on Japanese biopharmaceutical startups, revealing that corporate spin-offs (CSOs) and startups with R&D leaders from corporate backgrounds achieved significantly higher valuations and funding. The findings highlight that in Japan, leveraging corporate-origin assets and talent enhances investor appeal. |