apan is one of the world’s most innovative countries. In the previous decade, Japan filed more renewable energy-related patent applications under the Patent Cooperation Treaty (PCT) than any other country – 9,000 – and its strong IP rights give businesses the confidence and security to develop new technologies. Japan is also embracing global trends to make its business environment more competitive. In 2021, it established the Digital Agency to accelerate digital transformation in the public and private sectors, which McKinsey estimates will add up to JPY 78 trillion to its economy
