Main City: Wakayama
Population: 964,000 people, ranking 40/47 prefecture (2015) 
Area: 4,726 km2 
Geographical / Landscape description
Wakayama Prefecture faces the Pacific Ocean, and is located in the south-western part of the Kii Peninsula. 75% of the land is covered by forests and mountains. 
The climate is generally mild. 
Recent history, culture
The prefecture is home of the Mt. Koya known as the world headquarters of the Koyasan Shingon sect of Japanese Buddhism since 819. Mt Koya and various pilgrimage roads along the forests of the prefecture were listed as World Heritage places. It is said that soy sauce was originally created by a priest living in Wakayama Prefecture during the Kamakura period (1185-1333). 
How is Japanese biotech R&D structured, who are the key stakeholders, and how can European SMEs profit and find Japanese partners? Japan spends consistently over 3% of its GDP on R&D, of which some 70
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