The focus of this thesis is an analysis of Japanese policy related to the inclusion of entrepreneurial innovations within the structure of the traditional university model. This thesis depicts the development of collaboration structure and mechanism at Tokyo University, with actual Japanese national policy first being implemented in 1990 to advance formal institutional relations. Emphasizing the transparency, the policy utilized contract as the basis for the collaboration agreements. The fundamental premise is that entrepreneurs are inherently future-oriented, and hence, would provide the university with necessary R&D fees and start-up capital to develop practical innovations, and this would consequently contribute to an overall growth in the economy.
This policy approach has become a global trend, and serves as the foundation for economic development in many countries as they enter the competitive global markets. Japan has been mainly interested in developments related to life sciences, information technology, and nanotechnology.; these areas serve as a focus for future emphases. The advantage of the Japanese approach is apparent, since research in these technologies has not yet yielded tangible results, and thus typically entrepreneurs alone would be unwilling to investigate possible applications. Given this scenario, once policy is established to serve as a bridge between the various stakeholders, the university can act as a platform from which new technologies can be advanced (i.e., by dedicating the necessary people and resources necessary to support entrepreneurial pursuits).
This thesis also includes an exhaustive review of the literature as it relates to this policy approach and the theoretical models upon which it is based. This includes a comparison between present policies implemented in Japan and the United States, and how their respective approaches are likely to impact future developments (both positively and negatively).
The literature to date has shown the impacts of Japanese policy from 1990, in terms of the means by which cooperation between shareholders is achieved and their outcomes. In this thesis, we further identify the strengths and weakness of this model, and apply it to specific developments in Taiwan. Through comparative study, we explore the differences between Japanese and Taiwanese University and Industry cooperation, as well as how such an arrangement would likely progress, and what benefits would result. This thesis will hopefully provide new direction for the policy making within the Taiwanese community.