KYOTO -- If Japan wants to revitalize the sluggish economy and turn its prospects around, there are plenty of indications that Kyoto's way of life as well as its way of doing business are the answer, according to Hiromi Ichida, a fashion critic who has lived in the ancient capital for more than half a century.

While Kyoto may be famous for its traditional culture and scenic beauty, it has also attracted the world's attention in recent years as the city where many of Japan's high-tech venture firms are based.

In her book, "Kyo no Sokojikara" ("Kyoto's Underlying Strength"), Ichida says the city is home to both long-established stores and venture firms, which have borrowed techniques and business ideas from the traditional industries still very much alive in Kyoto. As academia is also active here, she added, Kyoto has huge potential to nurture new businesses.