If you consider the technological innovation along with socio-economic structure, Japan will surely appear way ahead of many highly developed western countries.
Japan is an advanced country in the truest sense. Starting from robots to “super-fast bullettrains” and talking toilets, they literally progressed a lot in science and technology.These technological advancements are the results of thescience-oriented minds of Japanese people, which showstheir insatiable hunger forprogressiveness. Following are the prominent reasons behind Japan’sadvancements today.
Industrial capitalism for research and development:
Various states started funding industries, which created a sustainable environmentfor industries to prosper. The government also had a substantial hold on those companies and assisted them to invent new projects.Initially, they focused on the electronics sector. They not only built endproducts but also assembled the engineering and technologiesresponsible for thoseproducts. Semiconductors and computers were notable partsof the electronic revolution.The implementation of this type of capitalism was highly successful. The government provided money to the Japanese companies at an extremely low-interest rate. It ultimately helped them to concentrate on overall growth rather than making only profits.
The family-owned businesses helped grow technological innovations:
If you observe the history of Japanese electronics companies,you will easily understand the trend of family-owned businesses. It started much before the second world war. Themost famous example is “Toyota”, alarge Japanese automotivecompany. They started a cloth loom manufacturing company back in the 1800s. Then shifted into the car business around the 1920s and ultimately became one of the largest car companies globally. Similar things happened with Toshiba, Sharp, Panasonic, and, Nintendo.
Specific curriculum in the universities for science and technology:
The systematic thrust toward molding an advanced country came fromeverywhere, including the educational institutes. Japaneseuniversities framed the syllabus focussing “STEM (science, technology, engineering, and mathematics)” as major subjects. So, they shaped the young minds devoted to science and technology. Japanese government invest a substantial portion of GDP in their education, which helped them build a technologically strong nation.Compared to other countries, Japanese pupils are more advanced in education and familiar with technology.
Proper funding in scientic research helped in advancement:
Large funding for scientific research and development is always one of the crucial driving forces for advancements in Japan. This research money has helpedcomprehensive progress in naturalscience, robotics,and computer science.Japan has produced bountiful Nobel laureates, and the number is much higher thanother Asian countries.
Smart utilization of nuclear energy helped further growth in technology:
Undoubtedly, nuclear energy plays a vital role in deciding a country’s status in the field of world power. Japan started reducingits dependency on imported fuel in 1973. By 2008, Japan had 55 nuclear reactors, producingapproximately 34.5% of thecountry’s total electricity.
Undoubtedly, Japan has brought some revolutionary progress in the field of science and technology with unique innovations.
