Building a mechanism of science and technology innovation activities in a region is required, which is to make use of the characteristics and strengths of regions and can be deployed autonomously. Therefore, universities are expected to work with such local companies as a member of the local community, and to contribute to the construction of a regional innovation system. Then, in order to clarify the achievements and issues of the industry academic collaboration in region, the National Institute of Science and Technology Policy (NISTEP) conducted research on industry academic collaboration to target the manufacturing industry in Kagoshima Prefecture as a case study in fiscal year 2011 (Sotohebo-Nakatake 2012). In 2012 we conducted a questionnaire survey by mail to target the 500 manufacturing companies to put headquarters, factories, and offices in Yamagata prefecture, and the survey was obtained valid responses of 211 companies (42.2% response rate).Of the respondents of this survey, there is over one third of (35.6%) companies had experience of cooperation with academia. Many companies initiated the industry academic collaboration from 2005. There are 50 companies which had cooperation with Yamagata University. This is 23.7% of the total answer. In Yamagata University, technical consultation has been more active. In the evaluation of a result of industry academic collaboration, improvement of technical level, development of new products (technology) and human resource development in the employees are high. In the industry academic collaboration in Yamagata Prefecture, technical consultation was more active than research and development. This means that universities and national technical colleges have detailed responses to the local businesses, at the same time relationships with companies and universities and national technical colleges will not have reached the stage of research and development. In order for local companies to do research and development with academia, additionally to build a relationship between universities and industry or to introduce technology seeds of universities and national technical colleges, it can be said that there is a need to grant motivation to research and development or to improve the financial strength, working together with local governments.

• Survey on the Collaboration between Local Companies and National University
  in Yamagata Prefecture
  

Following Corrado et al. (2009), we measure intangible assets at the listed firm level in Japan.
Compared to the conventional Tobin’s Q, the revised Q including intangibles is almost 1 on
average, as suggested by Hall (2000 and 2001). The standard deviation of the revised Q is smaller
than that of the conventional Q. Estimation results based on Bond and Cummins (2000) show that
greater intangible assets increase firm value. In particular, in the IT industries, Tobin’s Q is higher
than that in the non-IT industries on average and the stock market reflects intangibles in the IT
industries. These results suggest that the government should adopt policies that promote
investment including intangibles in the IT industries and industry structure in Japan.
Keywords: Tobin’s Q, Intangible asset, IT industries, price cost margin, external finance
dependence
JEL classifications: E22, G31, G32, L25, O30

• Does the Stock Market Evaluate Intangible Assets?
  -An Empirical Analysis Using Listed Firm Data in Japan-

This Research Material reports the results of the benchmarking of scientific research in the world and Japan by bibliometric analysis. Using five indicators (number of papers, number of adjusted Top10% papers, number of citations, share of adjusted Top10% papers in papers, and relative citation index), we analyzed the Japanese research activity compared with major countries in each field. In addition, the internal structure of knowledge production in Japan by sector was analyzed.
As a result, following three problems were revealed.

1. Japan has showed the lowest growth in paper production among G7 countries.
2. Because of decrease of the number of paper by business enterprise sector, the role of university and college sector has enlarged in Japanese internal structure of knowledge production. In recent years, however, the number of papers by national universities has turned flat.
3. The ratio of internationally co-authored papers has been on an upward trend in the world, unfortunately, the increase of internationally co-authored papers in Japan is not enough.

• Benchmarking Scientific Research 2012

• Report 1： R&D Trends for High-Energy Automobile Capacitors to Hasten CO2 Reductions
  This report covers trends in R&D on high-energy capacitors by taking a look at how they can significantly reduce CO₂ emissions by automobiles.
• Report 2： U.S. Science and Technology Policy under Tight Budgets: Report on the 2012 AAAS Forum on Science and Technology Policy
  This report covers the AAAS Forum on Science & Technology Policy convened by the American Association for the Advancement of Science (AAAS) on April 26-27, 2012.
• Report 3: United States Government Efforts toward Big Data Research and Development
  This report  introduces U.S. government efforts concerning big data.
• Report 4：Design Thinking Education at Universities and Graduate Schools
  This report  introduces design thinking education, an approach to educating innovators that is attracting attention at universities and graduate schools across the globe.
• Report 5: Building Damage Depending on Earthquake Vibration Period and New Technology Issues
  This report covers trends in R&D on high-energy capacitors by taking a look at how they can significantly reduce CO₂ emissions by automobiles.

• Science & Technology Trends Quarterly Review No.46（Full Text)
• Science & Technology Trends Quarterly Review No.46－Report 1
• Science & Technology Trends Quarterly Review No.46－Report 2
• Science & Technology Trends Quarterly Review No.46－Report 3
• Science & Technology Trends Quarterly Review No.46－Report 4
• Science & Technology Trends Quarterly Review No.46－Report 5

As part of the Ministry of Education, Culture, Sports, Science and Technology (MEXT) of Japan’s “Science for RE-designing Science, Technology and Innovation Policy(SciREX)” project, NISTEP (National Institute of Science and Technology Policy) has been conducting macroeconomic analysis of the impact of research and development (R&D) investments to support related policymaking.

As part of this research, NISTEP is holding an international symposium to bring together evaluators and experts conducting similar R&D economic impact analyses to support policy formulation in the EU and OECD. This symposium will include presentations on:

• Global trends in R&D investment impact evaluation
• Utilization of macroeconomic models in EU policymaking
• Utilization of macroeconomic models to evaluate R&D investments in Japan

These presentations will be followed by discussion periods to allow participants to further explore these issues and share their experiences. Through these presentations and discussions, we hope that this symposium will lead to a deeper understanding of case examples for R&D economic impact analysis and their essential contribution to effective policymaking.

• Host: National Institute of Science and Technology Policy (NISTEP)
• Date: Friday, March 22, 2013 [Doors Open 12:30 / Symposium 13:00-17:00]
• Venue: 4th floor of Mitsubishi Research Institute, INC. (Tokyu Capitol Tower, Nagatacho 2-10-3, Chiyoda-ku, Tokyo)
• Language: Japanese and English (Simultaneous Translation)
• Attendance Registration: Email Registration before Tuesday, March 19, 2013

Please see the symposium program in the following PDF.

Symposium Flyer

Inquiry regarding the Attendance Registration

• To pre-register, please send an e-mail with the title of “NISTEP International Symposium on Assessing the Economic Impacts of Public R&D”
  to rd_symposium@mri.co.jp before March 19.
• Please include the information below. Those items with asterisks are required.
  name *
  phone number *
  e-mail address *
  organization *
  section / division / department
  job title
• Inquiry regarding the Symposium and the Attendance Registration:
  Kazuyuki Tsuchiya, Naoya Obana
  Office for NISTEP’s International Symposium on Assessing the Economic Impacts of Public R&D
  (Agency: Mitsubishi Research Institute, INC.)
  E-Mail: rd_symposium@mri.co.jp

International Symposium onTracking Careers of Doctoral Graduates
-International Frameworks and Surveys in Each Country-
(February 27, 2013 13:00～17:30)

The objective of the symposium is to highlight the importance of tracking the careers of doctoral graduates. Although doctorate holders are important for research and innovation, their career paths are unclear. Data concerning their careers would be useful for policymaking in human resources and economics.
The National Institute of Science and Technology Policy (NISTEP) invites key persons in this field to share their visions. In the symposium, key speakers will make presentations in regard to tracking the careers of doctoral graduates and evidence-based human resource policies. In addition, Ministry of Education, Culture, Sports, Science and Technology (MEXT) will explain current reform policies for graduate schools. NISTEP will summarize the plan for a new database of doctoral graduates. We look forward to your attendance.

Host: National Institute of Science and Technology Policy (NISTEP)
Date: Wednesday, February 27, 2013 [Doors Open 12:30 / Symposium 13:00-17:30]
Venue: Auditorium No. 2, (6th floor of the former building of the Ministry of Education)
Language: Japanese and English (Simultaneous Translation)

inquiry via e-mail: jinzai@nistep.go.jp
Please note that when the maximum number of participants has been reached, your participation might not be accepted.

Please see the symposium program in the following PDF.
Event Guide [International Symposium on Tracking Careers of Doctoral Graduates]

• Report 1: The Need to Change the Concept of Water-related Disaster Prevention
  This report primarily discusses the current state and significance of small hydropower in Japan and the systemic/institutional issues related to its growth.
• Report 2: Space Situational Awareness to Mitigate Disastrous Risks from Space
  This report addresses the efforts being undertaken by different countries to mitigate a disaster that could be produced by space debris, fluctuating solar activity and the like.
• Report 3: Japanese Researchers’ Awareness Concerning the Use of Advanced Measurement and Analysis Instruments in the Life Sciences
  This report, entitled Japanese Researchers’ Awareness Concerning the Use of Advanced Measurement and Analysis Instruments in the Life Sciences, presents the discussions held at a workshop on the current use of life science instruments in Japan.

• Science & Technology Trends Quarterly Review No. 45 (Full Text)
• Science & Technology Trends Quarterly Review No. 45 – Report 1
• Science & Technology Trends Quarterly Review No. 45 – Report 2
• Science & Technology Trends Quarterly Review No. 45 – Report 3