“Dragons’ Den” and “Shark Tank” have established themselves as television staples in the U.K. and U.S., with millions tuning in each week to watch aspiring entrepreneurs pitch their business ideas. But “Dragons’ Den” and “Shark Tank” did not, in fact, originate in either country.

Both shows are knockoff versions of a program called “Manē no Tora,” or “Money Tigers,” which first aired on Japanese television in 2001. Aside from making compelling viewing, the show was part of a wider push for cultural change in Japan. “Money Tigers” glamorized entrepreneurship and portrayed risk-taking − something that had long been frowned upon in Japan − in an endearing way.

The show was discontinued after only a few seasons. But according to Robyn Klingler-Vidra of King’s College London, its impact was profound. It introduced new financial ideas to the public and − with the help of complementary government initiatives − helped chip away at the stigma surrounding commercial failure. Japan now has several startups worth over US$1 billion − a testament to the show’s success.

Sam Phelps

Commissioning Editor, International Affairs, The Conversation U.K.

How Japan pioneered the global phenomenon of entrepreneur pitch shows like Dragons’ Den

Robyn Klingler-Vidra, King's College London

Money Tigers aimed to bring entrepreneurship into living rooms across Japan.

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