After a decade of economic institution reforms and consistent growth, the recent recession has sharply curtailed Japan's manufacturing and service activity, even though its banks have endured relatively unscathed. Many in Japan now look to entrepreneurship and innovation as an important part of the continued restructuring of its economy. This event will review data from a new 50,000 company database of recently incorporated Japanese firms to begin a dialogue on entrepreneurialism in Japan with policy makers, academics, and business leaders. The dialogue will be held simultaneously in Japan and the US over Cisco's TelePresence system.