Japan government increases science and tech budget
Academic research in Japan perceive bias in lab funding.
According to our survey of 110 academic researchers in Japan, life science labs are deferring capital equipment purchases.
Analytical instrument and lab product company executives’ expectations have diminished since last fall, according to the latest IBO Business Climate Survey. This is not a surprise considering updated macroeconomic forecasts. In April, the International Monetary Fund revised its January projections for global growth downward two-tenths of a percentage point to 3.2%. This followed a February […]
Japan is set to develop its own genome editing technology, with the Economy, Trade and Industry Ministry providing funding of ¥8.6 billion ($79.6 million) for the next five years to companies, as well as R&D and academic institutes. In fiscal 2016, the ministry will provide ¥1.72 billion ($15.9 million) for pertinent projects that are submitted […]
Currency fluctuations and economic turbulence not only produced a shift among IBO’s 2015 list of the top 30 analytical and life science instrument, aftermarket and lab product companies, but also yielded a calendar year sales decline when translated into US dollars. Total sales for the top 30 companies (see page 6) as reported in US […]
Although Japan has long been a hub of scientific innovation, the nation’s overall scientific output has been declining. The Nature Index is a database that records the number of research papers associated with a particular institution each year, calculating a weighted fractional count (WFC) that associates authors with specific studies. Although the University of Tokyo’s […]
Japanese food and food-related companies will have to implement HACCP (Hazard Analysis and Critical Control Point) systems, according to a revision to the country’s Food Sanitation Law that is expected to be proposed next year. HACCP includes a series of measurements and checks throughout food production to ensure food safety and proper handling. The Ministry […]
Nanotechnology and materials is a field primed for expansive growth, according to a January 2016 report by the Japan Science and Technology Agency’s Center for Research and Development Strategy (CRDS). Through comparing the technology development of Japan with that of other countries, the CRDS report aims to propose effective R&D methods that would help enhance […]
Total expenditure on Japanese R&D for fiscal year 2014 increased 4.6%, totaling ¥18.97 trillion ($15.76 billion). As a percentage of GDP, R&D expenditure rose 0.12% to represent 4%. R&D in business enterprises accounted for 72% of R&D expenditures, a 7.0% increase. By main industries of business enterprises, “Transportation Equipment” accounted for 21%, or ¥2.84 trillion […]
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IBO (Instrument Business Outlook) is a twice-monthly newsletter aimed at providing decision-makers with the latest and most complete information available on the life science and analytical instrument industry, and lab product markets. IBO delivers the latest curated industry news, information and trends, as well as SDi data and analysis to deliver the maximum in industry insight with a minimum time investment for executives and investors.
