Research Article

Characteristics of Startup Executives That Contribute to Growth in Japan: An Analysis Based on Biographical Data

Yoshifumi Mizuhara 1 * , Tetsusei Kurashiki 1, Kazuki Takagi 1
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1 Graduate School of Engineering, Business Engineering Department, University of Osaka, Osaka 565-0871, Japan* Corresponding Author
International Journal of Business Studies and Innovation, 6(3), September 2026, 14-22, https://doi.org/10.35745/ijbsi2026v06.03.0008
Submitted: 28 October 2025, Published: 28 September 2026
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ABSTRACT

This study analyzes the biographical characteristics of Japanese startup executives and their impact on fundraising success. Using data from 1,210 startups founded since 2015, ex-ecutive characteristics were categorized into education, work history, and professional credential. Statistical analysis revealed significant correlations between specific educa-tional backgrounds, international experience, and fundraising amounts. Notably, exec-utives from prestigious domestic universities and those with overseas experience demonstrated significantly higher fundraising success. The findings provide practical evaluation criteria for investors and contribute to understanding success factors in Japan's startup ecosystem.
Keywords: Japanese startups, Startup executives, Startup funding, Deep-tech startups

CITATION (APA)

Mizuhara, Y., Kurashiki, T., & Takagi, K. (2026). Characteristics of Startup Executives That Contribute to Growth in Japan: An Analysis Based on Biographical Data. International Journal of Business Studies and Innovation, 6(3), 14-22. https://doi.org/10.35745/ijbsi2026v06.03.0008

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