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JAPANESE MANAGERS: THEIR CANDID VIEWS ON ENTREPRENEURSHIP - Emarald - Quarterly - Vol. 13 No. 1, 2003.

With the growing financial crisis and collapse of the bubble economy of Japan, small, innovative, companies can offer the catalyst the economy needs. Yet the traditional culture of Japan, its educational system, and entrenched employment and promotion practices have not encouraged risk‐taking.

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https://www.emerald.com/insight/content/doi/10.1108/eb046449/full/html