If Japan wants to spur innovation from startups, it shouldn't try to replicate Silicon Valley.
That's the message from James Riney — head of venture capital fund 500 Startups Japan — to companies nationwide amid the increased attention given to startups.
“I think one thing that is very different between Japan and China in terms of startups is that China looks at Silicon Valley but it still does its own thing, whereas in Japan they are so concerned with what Silicon Valley thinks,” Riney said during an interview with The Japan Times.