Japanese Model

Japanese Model

The Rose Model and approach borrows from the historically proven, successful Japanese Model/economic miracle that was implemented post WWII and which set the foundation for over 50 years of economic growth and wealth creation. The Japanese Model can most simply be described as a system which combines individual entrepreneurship with professional expertise and institutional guidance in order to build access to external technology, capital and labor markets and specifically meet societal needs. The Japanese Model is exemplified in the Ministry of International Trade and Industry (MITI), which was charged with the rebuilding of the Japanese economy, under the administrative guidance of the Japanese central government. MITI was linked to but separate from both the central government and the private sector. MITI accelerated economic growth through a comprehensive approach of screening and targeting specific industries, investing patient capital in those industries, organizing industry production into clusters, perfecting low cost manufacturing techniques for high tech products and producing ever increasing value-added variations of the targeted industries product. This accelerated development was made possible by the Japanese use and perfection of the public/private partnership to achieve community, government and business goals.