The Innovation Network Corporation of Japan(INCJ) (株式会社産業革新機構, Kabushiki-gaisha Sangyō Kakushin Kikō), headquartered in Tokyo, is a public-private partnership between the Japanese government and 19 major corporations.The INCJ was established as a temporary (15 years) corporate entity on July 27, 2009; with the prime objective of "boosting the competitiveness of Japanese firms by promoting a philosophy of 'open innovation' and creating next-generation businesses in promising new technologies by providing capital and managerial support, through private-public partnership."The business and investments of INCJ are supervised by the Ministry of Economy, Trade and Industry of Japan (METI).