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S. Korean Gov’t to Establish IT, Software Deregulation Strategy by June
Source: telecomskorea.com
Source Date: Wednesday, April 14, 2010
Focus: Knowledge Management in Government, Institution and HR Management
Country: Korea (Republic of)
Created: Apr 19, 2010


The government said Tuesday that it will establish an action plan to deregulate the information technology (IT) and software industries by June to help South Korean companies cope with the latest global trends.

The plan calls for the joint IT-software deregulation committee composed of government and private sector experts to scrap outdated rules and administrative red tape and to analyze latest developments in the fast changing IT industry.

“Under the plan the committee will go through regulations in the IT industry, including software, the Internet, information security and electronic transactions, by the end of April,” a press release said. It said based on the committee’s findings, talks will be held with businesses and government agencies to develop a workable strategy ready for nationwide implementation by June.

South Korea has one of the most extensive Information and Communication Technology (ICT) infrastructures in the world but has been cited for its “unfavorable” environment that is not conducive to adapting to change.

The country’s ICT development index, compiled by the International Telecommunication Union, stood at third place worldwide, but its ranking in the ICT access index used to gauge the overall industrial environment came in at 14th.

Such conditions have been cited for the country’s inability to better compete in the smartphone market, as well as effectively deal with convergence or develop three-dimensional technologies.
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