Resilience and Entrepreneurship in Japan

Mirjana RADOVIĆ-MARKOVIĆ

Authors

Mirjana RADOVIĆ-MARKOVIĆ Faculty of Economics and EngineeringManagement, Novi Sad, Serbia

Keywords:

companies, resilience, kaizen, entrepreneurial development

Abstract

This cultural resilience is reflected in the business world, where companies prioritize long-term stability and continuity, even during times of crisis.The concept of "kaizen," or continuous improvement, is deeply ingrained in Japanese business culture. Companies regularly review and refine their processes, systems, and products to enhance efficiency, quality, and resilience.. This includes investments in automation, robotics, artificial intelligence, and digitalization to improve efficiency, agility, and adaptability. They often collaborate with industry peers, research institutions, and government agencies to share best practices, insights, and resources for building resilience. In the analysis of entrepreneurship in Japan, rich literature was used as well as the most important indicators of entrepreneurial development. Author pointed out the obstacles of the business environment in the country and the influence of cultural, social and economic factors that distinguish this country from others are recognized. Finally, it is concluded that this collective approach helps companies learn from each other's experiences and strengthen their resilience collectively.

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