COMMON VALUES
Celebrating the similarities
More than just mutual admiration, the strong links between Japan and Austria have been forged over decades thanks to a shared outlook and vision outlined below. These values are further underlined by the unexpected stories of three key figures who are deeply invested in both nations.
1 SHARED QUALITIES
Austria and Japan boast significant expertise in mechanical engineering as well as the automotive and semi-conductor industries. These success stories point to an alignment on deeper qualities too: a shared approach to business that places value on quality, craftsmanship and innovation.
2 INNOVATIVE APPROACH
Both nations value collaboration between academia, business and government institutions to foster innovative ecosystems. This is evident in Japan’s emphasis on public-private partnerships and Austria’s support for its thriving startup ecosystem, which drive the development of future technologies.
3 TRUSTED PARTNERSHIPS
Half of Austria’s businesses are family-run, while 90 per cent of Japanese companies with more than a century of history have passed between generations. Businesses in both nations know that trusted relationships, built over time, are the bedrock of successful entrepreneurship.
4 BUILDING FOR A BRIGHTER FUTURE
By funding cutting-edge scientific research, both nations are making tangible strides towards achieving ambitious environmental targets. Austria applies its expertise in areas such as the storage and conversion of renewable energy, while Japan is committed to putting zero plastic in the sea by 2050.
