Missing link of national entrepreneurial business model: issues of high-tech start-up in Japan, in comparison with US and German model

Summary form only given. In the age of information and knowledge, industrial core business is still critically vital. The industrial core business, however, needs to be drastically changed to cope with the IT (information technology). Core business needs to be combined with virtual business. Without innovation of the old core technology, it will not fit to the IT business environments. In US and Europe, in many cases with some exceptions, big and old corporations are usually not good at it, and many risk taking high-tech start-up companies are contributing to make the breakthrough. In Japan, very few high-tech start-ups are established in the past few decades, and this is one of the main reasons of Japan´s delay of industry structure change. In this paper, the author investigates why Japanese high-tech start-ups are not emerging, using the entrepreneurial business model, compared to the US and German model. The components of the entrepreneurial business model are different by country, because of the industry structure and maturity of entrepreneurial business