TY - JOUR AB - Purpose The purpose of this paper is to discuss the implication of Japanese government venture capital (VC) policies for future research and to provide basis for policymakers and practitioners.Design/methodology/approach This is an academic literature review of available peer-reviewed publications on government VC policies. This paper discusses and analyses the current state and issues of the Japanese government VC policies regarding three research questions: What do Japanese government VCs do? Do they contribute to their portfolios? and Do they contribute to the development of VC market?Findings There are mainly two findings in this paper: It is effective to establish a complementary relationship with private VCs for Japanese government VCs to contribute to their portfolios; Japanese government should simultaneously continue to make and review policies for the VC market, the stock market, the entrepreneur sector and the environment surrounding them by its strategic long-term commitment to contribute to the development of VC market and new technology-based firms in Japan.Originality/value As there are only a few studies on recently strengthened Japanese government VC policies, this paper provides an in-depth discussion on these Japanese VC policies, which can be used for future research and as a valuable resource for policymakers and practitioners. VL - 12 IS - 1 SN - 2071-1395 DO - 10.1108/APJIE-11-2017-0040 UR - https://doi.org/10.1108/APJIE-11-2017-0040 AU - Kirihata Tetsuya PY - 2018 Y1 - 2018/01/01 TI - Japanese government venture capital: what should we know? T2 - Asia Pacific Journal of Innovation and Entrepreneurship PB - Emerald Publishing Limited SP - 14 EP - 31 Y2 - 2024/04/19 ER -