In the US, entrepreneurship is the engine that drives economic growth. Especially in Silicon Valley, people understand how this engine works: how entrepreneurs behave, how they view risk, where they get their funding, how their successes are rewarded, and what happens when their ventures fail. What about their Japanese counterparts? The conventional wisdom in the US is that Japanese entrepreneurship is not only different from the American variety but is also less vibrant, less well-funded, more risk-averse, and generally a less important "engine" for overall economic growth.  Is this conventional wisdom generally correct? Or are the perceived shortcomings of the Japanese entrepreneurial system (for example, the vastly lower venture capital investment figures routinely quoted) just that -- "perceived" rather than real? What business and cultural factors could explain such misperceptions, and what are the implications for cross-border entrepreneurial opportunities?  Join our panelists, Robert Eberhart, Kenji Kushida, and Lisa Katayama, as they discuss the myths, reality and promise of Japanese entrepreneurship and its impact on the overall Japanese economy.

Keizai Society’s theme for the remainder of 2011 is “Recovery and Renewal – Toward a New Japan of Compassion and Growth.” Going forward, all 2011 programs of Keizai Society will be dedicated to building awareness of the crisis in Japan and sustaining Japan’s recovery efforts. Also proceeds from these programs shall be donated to Keizai’s Japan Relief Fund. Please come and find out what the real impact of the disaster is and where we go from here to recover, renew and grow again.