PPP (Public Private Partnership) frontier; a study on Local Abenomics driven social innovation

Local Abenomics vitalizing local economy is one of the most important political issues in Japan. SMEs and micro enterprises have supported the local economy until today. They have rooted in the community and provided employment basis. Job creation in rural areas was chosen as the key problem to be solved, while strengthening “earning power” of regional industries is essential to promote a virtuous cycle between communities, people and work. From this stand point, we studied local 10,000 projects and proposed problem solving methods as PPPs and local innovation ecosystem. 287 projects have been started by Ministry of Internal Affairs and Communications. Four performance indexes as financing amount, local job creation, local resources utilization, and cash flow creation were selected and evaluated. We analyzed some of 287 projects by MOT tools (innovation ecosystem, business model) and report validity and effectiveness of policy making contents. This study has been done in a group of SMECA (Japan Small and Medium Enterprise Management Consultant Association) since 2015 summer.