Faiure to take risks, to inernalize and to value employees based on merit is crippling the Japanese economy according to co-winner of the Nobel prize in physics, Shuji Nakamura.

This has resulted in years of stagnation in sei-conductors, solar panels and smartphones.

As Diet sessions opn this month, Abe has a chance to sorrect this.  Abe has pledged to lay out the specifics of his structural reform drive, which relies heavily on corporate tax cuts and reducing red tape. But he’s been quiet on one reform that truly would encourage the risk-taking culture Japan needs so badly: making sure employees get paid for their inventions.