Capital: Development Notes and Increase Growth

capital: The Organisation for Economic Co-operation and Development notes that while demographics are against it, Japan still has a huge wealth of human capital, thanks to its highly trained and educated people, according to Bloomberg. There also dormant capital and even unused inventions that could be put to work to increase growth. And yet, there are a number of hidden and underutilized resources that Japan could tap to try and escape this economic malaise. Japan was the world-leader in numbers of patents issued in 2014, according to the World Intellectual Property Organization, with almost 300,000 patents. However, for all that inventiveness, Japanese companies were much less aggressive with innovative new products and businesses. function global function ad Code markets/article dimensions id 1 0 2 1 10 strategy targeting targeting Modifiers ; ; window ; If you look at the patent data, there is lots of innovation in Japan, said Yumiko Murakami, head of the OECD Tokyo office. The U.S. was second with almost 260,000 and China was third. (news.financializer.com). As reported in the news.