Entrepreneurs in Japan: Time to get started

“IT BEGINS from now,” tweeted Takafumi Horie, the former boss of Livedoor, an internet firm, two months after emerging from prison this spring. Mr Horie is involved in no fewer than 30 new companies, including a space-tourism venture. If any of them grow to be big, Mr Horie, who was convicted of fraud in 2011, may show that a fallen Japanese entrepreneur can make a comeback.The mood among Japan’s would-be business moguls is at its most buoyant since the dotcom bubble burst a decade or so ago. A higher stockmarket is boosting the chances of a successful initial public offering. The prime minister, Shinzo Abe, is Japan’s first leader to treat entrepreneurs as something more than greedy hustlers. For the past few years Mr Horie, a brash self-publicist, has been exhibit A in the case for holding that view. But now Mr Horie says he is being welcomed back into the business world (see article).Mr Abe’s three-part plan to revive the economy, known as “Abenomics”, is designed to help start-ups as well as…

Link to article: www.economist.com/news/business/21584328-shinzo-abe-giving-new-hope-japans-unappreciated-entrepreneurs-time-get-started?fsrc=rss|bus

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