On February 1, 2017, Nagoya University (President: Seiichi Matsuo) launched a joint research project with the Tokai Association of the Japanese Institute of Certified Public Accountants (JICPA) (Chairman: Kazunori Shibata) and Nagoya Stock Exchange, Inc. (Representative: Masaki Takeda) on the theme of the state of relations between university-oriented ventures and the stock market.
This project is planned to continue for approximately two and a half years until June 30, 2019.
Nagoya University, JICPA Tokai Association, and Nagoya Stock Exchange, Inc. have held a series of discussions regarding shared issues since spring of 2016.
As a result, the three entities -- Nagoya University, which proactively promotes support for establishing university ventures as a key pillar of partnerships between industry, government and academia; the Tokai Association of JICPA, which strives to maintain high-quality auditing practices and is also active in the assistance of small- and medium-sized enterprises in order to respond to social needs; and Nagoya Stock Exchange, Inc., which actively supports the growth of start-up companies, including university ventures, through the stock market -- came to share an awareness of the fact that the healthy development of university ventures in the Chubu Region is an urgent issue, and that to resolve the situation, it is important to establish mechanisms to popularize "stock exchange listing," a common exit strategy, among university ventures, and agreed to conduct the joint research.
The joint research project aims to clarify the significance and challenges of securing financial resources through the stock market for providing the seeds held by universities to society as university ventures, and to achieve results which will contribute to the development of local university ventures and the strengthening of innovation creation within the region.