ESC
Web of Science
Entrepreneurship and Sustainability Issues Open Access Q1
Scopus - coverage starting with 2017 material
Received: 2020-03-18  |  Accepted: 2020-07-18  |  Published: 2020-09-30

Title

Japan's digital advance policy towards performance in multilateral ASEAN's innovation business


Abstract

This paper examines issues relating to Japan’s digital advance policy (DAP) for ASEAN countries during the period 2015 - 2019, which aimed at broadening the spectrum of digital economic growth. The study sought to gain insights into the impacts of respective policies of ASEAN, Japan Council for Science, Technology and Innovation (CSTI), Japanese digital foreign direct investment (FDI), and Japanese enterprises. The study also examined workflow structure processes to explain how Japan’s DAP contributes to ASEAN’s innovation business. This research is categorized as a reconnaissance study, based on empirical analysis of pertinent existing evidence, complemented by 74 in-depth interviews with key experts from ASEAN, JICA, CSTI and major digital enterprises from 5 ASEAN countries. The findings indicate a need to redirect the innovation business of Japan's DAP as well as ASEAN’s innovation business and to enhance their mutual alignment. Four key entry points are proposed: (1) policymakers, (2) private sector businesses, (3) goalkeeper science, and (4) innovative infrastructure. This paper also provides guidelines and support to validate key performance indicators of Japan's DAP in ASEAN countries. The studies how Japan’s digital holistic platforms could be transferred to ASEAN countries under the DAP. It also examines the relationship between key performance indicators of Japan’s outward FDI in ASEAN digital businesses and growth in ASEAN’s innovation business.


Keywords

open innovation, entrepreneurship, innovation business, ASEAN, Japan, Foreign Direct Investment


JEL classifications

D25 , F23 , M40 , M41 , N65


URI

http://jssidoi.org/jesi/article/672


DOI


Pages

1081-1094


Funding

This research was partially supported by the new strategic research (P2P) project, and it also was supported by Institute of Research and Innovation, Walailak University, Thailand.

This is an open access issue and all published articles are licensed under a
Creative Commons Attribution 4.0 International License

Authors

Aujirapongpan, Somnuk
Walailak University, Thai Buri, Thailand https://wuic.wu.ac.th
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Songkajorn, Yaninee
Walailak University, Thai Buri, Thailand https://wuic.wu.ac.th
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Ritkaew, Supit
Walailak University, Thai Buri, Thailand https://wuic.wu.ac.th
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Deelers, Sirichai
Silpakorn University, Petchaburi, Thailand https://www.su.ac.th
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Journal title

Entrepreneurship and Sustainability Issues

Volume

8


Number

1


Issue date

September 2020


Issue DOI


ISSN

ISSN 2345-0282 (online)


Publisher

VšĮ Entrepreneurship and Sustainability Center, Vilnius, Lithuania

Cited

Google Scholar

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References