MIT REAP Team Tokyo’s regional focus is on the Tokyo metropolitan area. Tokyo University of Science is the backbone organization. The team is also represented by a strong corporate and government stakeholder group, including Fujitsu Ltd. and Ministry of Economy and Trade.

Team Members

University
Government
Corporate
Risk Capital
Entrepreneur

Innovation Ecosystem Stakeholder Model

Akira Fujishima
Champion
President, Tokyo University of Science
Jun Tsusaka
Champion
Managing Partner, CEO•CIO and Founding Member, Nippon Sangyo Suishin Kiko (NSSK)
Terumi Chikama
Chairman, Fujitsu Ltd.
Michael Cusumano
VP and Dean, Innovation and Entrepreneurship, Tokyo University of Science; Professor, MIT (on leave)
Dai Habata
Deputy Director, Ministry of Economy, Trade and Industry (METI)
Seiichiro Hangai
Director, Tokyo University of Science
Yoshiaki Ishii
Director, Ministry of Economy, Trade and Industry (METI)
Soichiro Okamura
Managing Director, Board of Directors, Tokyo University of Science
Atsuko Toko Fish
Trustee, The Fish Foundation
Hiroto Tsuge
Manager, Fujitsu Ltd.
Iris Wieczorek
Director of TUS Innovation, Tokyo University of Science
Chiaki Mukai
Vice President, Tokyo University of Science
Tatsuya Tanaka
President, Fujitsu Limited
Hideki Kurashige
Chairman, President & CEO, Representative of Director, SIGMAXYZ, Inc.
Kentaro Shimizu
Managing Director, SIGMAXYZ, Inc.

Team Strategy

  • Challenge & Opportunity:
  • Strategy & Action
      • Region of focus: Tokyo Region Universities in Japan (Tokyo University of Science)
      • Comparative advantage:
        • Strong science and research universities.
        • Information Technology and biomedical industries are strong.
      • Core Challenges:
        • Lack of connection between the regions “innovation capacity” (iCap) and “entrepreneurial capacity” (eCap).
        • Comparatively low funding for basic research and development despite celebratory culture surrounding innovation.
        • Fractured ecosystem where prizes are very popular but there is a lack of entrepreneurial education and follow through.
        • Lack of promoting intrapreneurship.
        • Limited VC network available for later stage startups and a historically weak IPO market.
        • Challenged with overcoming a culture where larger corporations aren’t supportive of startups within the ecosystem
      • Stakeholder Insight:
        • Lack of connection between risk capital and university stakeholders.
        • Local universities have been reluctant to share information on spin-out companies.
        • Large corporations don’t seem to want smaller companies to grow because it could hurt them in a number of ways, which is left over from an older mentality.

Tokyo E&I Center: http://www.teic.tus.ac.jp/

      • Will be updated once the team graduates from the program.
      • REAP Strategy:
        • Determine how to tap the younger and mid-career entrepreneurs to drive connection between iCap and eCap.
        • Focusing on creating an “open innovation” culture where entrepreneurship is more widely acceptable as a career path

 

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Core Regional Metrics

Economic & Social Progress

Social progress and economic prosperity as a collective measure of development in a region.

Innovation-Driven Entrepreneurial Ecosystem

Innovation-Driven Entrepreneurial Ecosystems are regional environments that effectively support startups focused on addressing global markets based on technological, process or business model innovation.

Innovation Capacity

Ability to develop new to the world innovations from inception through to the market.

EXPAND ALL

Performance

People

-Pool of innovators
-Education in tech and commercialization

Funding

-Funding for research
-Government programs

Demand

-Nature of established companies in region

Policy

Coming soon!

Culture & Community

Coming soon!

Infrastructure

Coming soon!

Entrepreneurial Capacity

Ability to start and build new to the world businesses from inception to maturity.

EXPAND ALL

People

-Pool of entrepreneurs
-Quality of entrepreneurial education

Funding

-Accessibility of entrepreneurial capital (government, private, equity, debt, grants)

Policy

-New business creation policy
-Business law and business policy

Demand

-Government, corporate and consumer demand for new products and services

Performance

Coming soon!

Culture & Community

Coming soon!

Infrastructure

Coming soon!

Team News

October 1, 2016
the-puzzle-of

The Puzzle of Japanese Innovation and Entrepreneurship

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February 16, 2017
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MIT REAP Cohort 3 Workshop in Tokyo

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February 21, 2017
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MIT REAP Workshop in Japan

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March 13, 2017
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REAP Tokyo Team 2017

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