Japan fascinates with its coexistence of old, sometimes archaic companies and extremely modern high-tech. It is the result of a deliberate attempt to defy Schumpeter’s theory of destruction and creation – so far with success. Japan has a reputation of being one of the innovation and high-tech power houses of the world. It certainly deserves this image well. Hybrid cars, […]
Internet of Things, Industry 4.0 and the Role of Japan
Japan is better prepared for the next industrial revolution than it seems at first sight. But the companies have to embrace change to stay in the race. Do you know the Borg, the cyborgs from the science-fiction universe Star Trek, who assimilate civilization after civilization? For years the German industry warns its colleagues abroad, that the dawn of the Internet […]