Moreover, although the firms' entry rate was low during the "lost two decades," it seems that there have been signs of a rise recently, albeit at a lower level than that of the United States.
I think that the expansion of such initiatives can be seen as a positive change for Japanese firms, which used to be considered cautious about taking risks after the collapse of the bubble economy. II. Challenges Ahead So far, I have talked about the positive changes in Japan's economy after the "lost two decades." Its growth potential, however, needs to be further enhanced.