Creative Economy Revitalization

 

The Ministry of Science, ICT and Future Planning (MSIP) announced on Oct. 28 that it will operate 11 problem-solving task forces to revitalize the creative economy and encourage ICT innovation.

The 11 task forces are aimed at creating venture firms and start-ups, fostering the research industry, nurturing small and medium-sized enterprises (SMEs), creating future strategies, facilitating international cooperation, creating culture, broadcasting, and content, securing future growth engines, establishing innovative centers for the creative economy, training talented individuals, revitalizing the Internet economy, and innovating the government's research and development (R&D).

The task force for venture firms and start-ups will build the Going Global Venture Nurturing Track by the end of this year to help prize-winning start-ups turn business ideas into a money-making venture and enter overseas markets.

The research industry task force is going to come up with ways within the year to nurture the industry to create jobs and start-ups using research findings, facilities, and manpower. The SMEs task force is planning to establish measures within the year to operate a one-stop service for SMEs to provide support for innovation and growth.

The international cooperation task force will build a system aimed at sharing related information between the MSIP and umbrella organizations by early next year to help SMEs and venture firms with R&D and overseas expansion. The task force for culture, broadcasting, and content is going to link and run startup incubation centers of the MSIP and the Ministry of Culture, Sports and Tourism (MCST) from late this year.

The task force for future growth engines is planning to make specific goals in 13 areas such as 5 G mobile telecommunications, smart cars, and intelligent robots, and to make strategies by early next year to find new businesses and facilitate corporate restructuring.

The task force in charge of innovative centers for the creative economy will create detailed measures to link innovative centers for the creative economy and existing local projects and apply those measures to regional innovative centers from late this year. The Internet economy task force will come up with mid-long term strategies for networking, and the task force for the government's R&D innovation will create ways to innovate the nations' R&D within the year.

Meanwhile, the MSIP announced on Oct. 28 that it will reveal standardization strategies for 23 core technologies in 6 sectors at a conference hall of the Telecommunications Technology Association on Oct. 30 to dominate international standardizations in the ICT area.

The six sectors are ICT convergence, software and content, radio waves and mobile telecommunications, communications networks, broadcasting, and information protection. The 23 technologies include 5G mobile telecommunications, Internet of Things, big data, and immersive content such as 3D printing.

The government has also made preemptive standardization strategies for convergence technologies with existing industries like smart medical treatments, transportation, and agriculture.

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