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S. Korea to Set Up New IT Industry Growth Blueprint This Year
Source: .telecomskorea.com
Source Date: Tuesday, March 30, 2010
Focus: Knowledge Management in Government, Institution and HR Management
Country: Korea (Republic of)
Created: Apr 06, 2010

South Korea will strive to create a new information technology (IT) growth blueprint within the year to maintain its global edge in the highly competitive industry, the government said Tuesday.

The Ministry of Knowledge and Economy said in a meeting of a newly convened policy advisory group made up of former government policymakers and senior researchers that there is a need to recapture the initiative in the global IT sector.

The move comes as the government and local companies have come under criticism in recent months for failing to respond quickly to the emergence of Apple’s iPhone and other market-creating products.

There has also been criticism directed toward the administrative reform program implemented by the incumbent Lee Myung-bak administration that has resulted in the break-up of the Ministry of Information and Communication. The ministry had been tasked with controlling the country’s IT strategies.

“The goal is to implement policies that react swiftly to changes in demand, strive to create IT convergence that can create brand new markets, build up growth potential and the promote exchange of new ideas,” said Cho Seok, head of the ministry’s growth industry office.

The deputy minister said such efforts can help establish an “IT trend outlook” that can help both the private sector and policymakers in the future.

He said that starting next month the government will unveil three-dimensional industrial development strategies that cover the merging of pharmaceuticals with IT. This will be followed by a masterplan for semiconductors in May, and policies outlining IT convergence and rechargeable batteries in June.

Before the first half, Seoul will take steps to improve IT and software-related administrative rules that have been cited for hindering changes, followed by an announcement around September for an “IT industry vision 2020″ blueprint.

Meanwhile, Cho said that the advisory group made up of 20 experts, including former information and communication Minister Rho Jun-hyong and Yim Chu-hwan, retired head of the Electronics and Telecommunications Research Institute (ETRI), will meet at least every quarter to give input to government policies.
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