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ASEAN COOPERATION PROJECT NO. INDSME11002REG
Strengthening of Business SMEs and Technology Business Incubators
B. JAPAN BUSINESS INCUBATOR MODEL
No Characteristics
Description
1 Type of Incubator
Not for profit for government supported incubators. For profit for private incubators.
The number of incubators in Japan are evenly distributed among government, university, and private sectors.
2 Focus
Government incubators : general. University incubators : technology based.
Private incubators : ICT. 3
Targeted Clients Government and university : students, graduates, more mature
professionals, university professors. Private incubators : students, and graduates.
4 Recruitment Criteria
Recruited incubatees must have distinctive market prospective product: ICT is expected to gain market in one year, and technology
based enterprise is expected to gain financial support in the first two years.
5 Incubation Period
Government supported and university incubators are targeting technology based enterprises and allows incubation period from 3- 5
years. The period time to go for IP after receiving grant is 5 years. Private business incubators mostly targeting at ICT enterprises with a
very short incubation period of one year. The period time to go for IP after receiving venture capital is 1-3 years.
6 Incubation Program
Business mentoring, facilitation to financial institutions, business events meetings, exhibition, business matching – may be abroad etc
7 Incubator Facility
All business incubators have their own building with ample spaces for offices and incubatees private desk for open space incubators, and
private rooms for technology based incubators. 8
Incubator Management Business minded and background professionals, be it company leaders
or university professors. 9
Targeted Graduates Go IP
10 University Support
Most universities have the office of technology transfer and commercialization that help the inventors, and the incubatees to sell
their IPR Intellectual Property Rights. 11
Government And Community Support
1. Central government METI, Ministry of Economic, Trade and Industry, and regional government prefecture, municipality,
university and the community rich donators, venture capitalists- VC support the development of the incubators. Government,
and VC provide seed capital and building for the incubator, while university and the rich donators provide building for the incubator
and operation cost. Thus, in many cases public-private-partnership pattern take places.
2. Government provides the small stock market that allows SME to be listed as part of the business conducive environment.
ASEAN COOPERATION PROJECT NO. INDSME11002REG Strengthening of Business SMEs and Technology Business Incubators
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C. RECOMMENDATIONS FOR ASEAN BUSINESS INCUBATOR MODELS
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