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  5. The Japan Open Innovation Council (JOIC) Merges with the Council on Science & Innovations Integration (S&II Council) to Integrate their Functions into JOIC

The Japan Open Innovation Council (JOIC) Merges with the Council on Science & Innovations Integration (S&II Council) to Integrate their Functions into JOIC

August 28, 2019

The Ministry of Economy, Trade and Industry (METI) hereby announces that the New Energy and Industrial Technology Development Organization (NEDO) and the Cabinet Office (CAO) have merged JOIC* and the S&II Council**.

Overview

NEDO released on its website that on August 30, 2019, JOIC, an organization for promoting open innovations, whose secretariat is operated by NEDO, and S&II Council, a community for exchange between supporters of venture businesses and other entities, whose secretariat is operated by CAO, will merge and integrate their functions into JOIC.

This merger of two organizations with different constitutions of membership for integration of their functions is expected to contribute to further dissemination of open innovations among domestic industries, including industry-academia collaboration initiatives, as well as to vitalizing industries.

For details, see the NEDO press release.

- New Energy and Industrial Technology Development Organization (NEDO) (Secretariat of JOIC)

Notes:

*1: The Japan Open Innovation Council (JOIC)

JOIC (secretariat: NEDO) was established in March 2017 by reorganizing the former Japan Open Innovation Council, established in February 2015, and merging the former council with the former Venture Creation Council in the same month. JOIC aims to advance activities contributing to creating innovations of Japanese industries and thereby fortifying their competitiveness through encouraging private companies to promote efforts for open innovations as well as achieve the Venture Business Declaration. The total number of members is 1,472 as of July 31, 2019, consisting of 937 companies and 535 supporters.

**2: The Council on Science & Innovations Integration (S&II Council)

Established in July 2017 (secretariat: CAO), S&II Council aims to steadily carry out the Fifth Science and Technology Basic Plan and, from this viewpoint, as its basic policy, has been engaging in advancing activities for formulation of autonomous communities in which a variety of human resources committed to related projects are able to share information on respective activities and outcomes and proactively create collaboration frameworks in a flexible manner, which is part of the council’s effort for developing an environment to accelerate the creation and development of open innovations placing science and technology at the core and R&D-based startups. The total number of members is 730 as of July 31, 2019.

Division in Charge

Innovation and Industry-University Collaboration Division, Industrial Science and Technology Policy and Environment Bureau