A seminar on the recent trend of innovations in Los Angeles and its neighboring regions was held under the sponsorship of JETRO Los Angeles on Aug. 22, 2018. In the seminar, our EIS member Takeshi Nobuhara spoke on the topic of “A Key to a Successful Open Innovation in Southern California”. He delivered a speech on the current state of the innovation, the advantages of establishing startups, the new business development models shared between some notable startups and their incubators, and the process of identifying innovation and promoting business development.