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Another important issue is the merging of communications and broadcasting. The extreme view has it that conventional broadcasting will be eradicated by the internet, but essentially, what it comes down to is that broadband internet will spread on an infrastructure that merges broadcasting and communications. Core networks will use fiber optics, while access-type networks, for reasons of speed and cost, will be wireless. Japan is in a technically advantageous position in this field. There is a growing need for digital TV in mobile situations where people watch images while on the move; but in the area of digital ground wave transmission systems, the U.S. ATSC system is becoming more and more outdated, as evidenced by the high appraisal afforded the European and Japanese standards (OFDM) which arrived on the scene later.

Japanese manpower and technology have considerably high potential in the field of IT (information technology) and the internet. The problem, however, is not only that there is no means of developing this potential in industry, but that there is a major barrier hindering the development of such technology in society. To break down this barrier an IT strategy is needed in Japan today as industrial policy.

 

Strategy 1:

Building an "intellectual properties valuation market" in which Japan would be competitive

From such a viewpoint, the direction of IT strategy, which the government must consider as "industrial policy," becomes clear. Foremost is the building of an intellectual properties valuation market.

The question of how to put a value on information over which intellectual property rights are held on a cyber network is a domain as yet undecided even in the U.S. A strategic approach to this problem must therefore be considered. It is important first of all to establish markets that deal in information and intellectual properties.

 

 

 

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