Entrepreneurship in Japan: Not in Tech - a Perspective | Nerd Stalker Techweek | Scoop.it

[SG: A Fortune contributor, Elmira Bayrasli, wrote a piece in the beggining of the month that the Japanese Entrepreneurship future is not in Tech. Ms. Bayrasli cities 3 factors 1)Japanese custom to “save face” and not overtly criticize, say “no” or embarrass anyone is hurting its venturers. 2) Japanese bureaucracy and regulation is another reason tech start-ups won’t scale. 3) Not only is risk money scarce, the way it’s dispersed doesn’t allow for competition.  I provide some additional perspective to this on my Tumblr blog - http://www.tumblr.com/blog/socialgregmentions