Japan Leads in Integrating Foresight into Innovation Policy
DOI:
https://doi.org/10.51699/ijbde.v3i3.3548Keywords:
Japan's policy, High-Tech, Innovation, Imitation, High DemandAbstract
This article examines the evolution of scientific and technological Foresight research over the past decade, particularly in Japan, highlighting its integration into science, technology, and innovation policy formulation. Initially limited to analytical reports, Foresight now includes interdisciplinary and intersectoral approaches, utilizing advanced methods such as weak signals and "jokers" to enhance research robustness. The study addresses the knowledge gap in understanding the impact of these integrated methods on policy development. It aims to analyze Japan's significant financial investments in R&D, predominantly funded by the private sector, and the role of government support through initiatives like those from the Ministry of International Trade and Industry (MITI). The results show that Japan's approach has maintained its competitive edge in the global market by fostering innovation and aligning national priorities with global trends. The implications suggest that other nations can enhance their technological capabilities by creating integrated and well-supported research environments. Further research should explore the long-term impacts of these foresight practices on innovation ecosystems and the potential of emerging methodologies in shaping future technological landscapes.
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