Japan has experienced the world's earliest capitalist setback and is stuck in a prolonged stagnation. The author maintains, however, that what is needed in this coming chaotic era is not only "imagination", as it would be called in English, but also the power of creating koso, the Japanese term for "formative concept". The author has a proven track record in research and practice on knowledge creation theory, innovation management, design thinking, and scenario planning. He has reorganized and set forth in this book the perspectives he has proposed under the theme of koso-ryoku to present a new methodology of knowledge for living in the twenty-first century.
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