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Society
After a period of glory called "Japan-as-Number One", Japanese companies that have suffered from the long slump of "lost 30 years" are now at a turning point. The question is whether they can reveal their resilience, acquire new competitive power to lead the world through partnership with external parties, and transform themselves splendidly. However, this transformation is no longer possible by their own power alone. How can they create new value by taking in dynamic external power? There are many companies that invest in startups and ventures and aim for business tie-ups and acquisitions. Rather, the biggest reason why GAFA continues to dominate the world is M & A. They continue to transform themselves by buying startups and ventures too much. Unfortunately, Japanese companies are not doing well with this transformation. Although many Japanese companies have advanced into Silicon Valley, the holy land of innovation, most of them have not achieved any significant results because they do not have a Inner Circle in Silicon Valley. There are communities where you can never enter just by setting up an office and sending people. The important thing is "power to be chosen." If you are a large company with successful experience in the past, when startups and ventures become partners, you tend to choose your partner, but what is important is being chosen by your partner. Moreover, it depends on how you are chosen from among the world's top startups and ventures. This book thoroughly introduces "CVC4.0", a new mechanism for building the strongest partnership with the world's top startups and ventures. It reconsiders how Japanese companies can once again shine in the world.