Japan and the San Francisco Bay Area find themselves in strategic alignment as digitalization drives the Industry 4.0 revolution. Bay Area technology companies are expanding their footprint in the Japanese market, and Japan’s largest industrial firms are engaging both Japanese and Silicon Valley startups.
Trade plays key roles in fostering innovation, both as a conduit for the diffusion of global technology and knowhow that facilitates innovation in developing nations and by giving innovative companies access to large global markets through which they can recoup their upfront investments in R&D and generate revenues to finance future generations of innovation. GTIPA-member reports here examine trade-innovation linkages.