Abstract
In order to optimise inferences on the changing sub-system (CSS) of entrepreneurship in Japan, we split the system of factor rules (SFR) into its changing and meta-stable parts: CSS and MSSS (changing and meta-stable sub-systems). Minimum capital requirements, perceived cost of capital, fear of unemployment, business sentiment, the rise of non-regular employment, and demographic change (via an indirect mechanism) are part of the CSS as the causative core of the SFR.
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