Using ICT for a Stimulus Story from Japan CIO for Innovation Prof. Dr. Toshio Obi Waseda University • • • • Director, APEC e-Government Research Center President, International Academy of CIO ITU-Waseda ICT Research Center ICT.2 14:30-16:00 October 6 Business sector in Japan has faced with serious loss, since the Lehman Shock and tried to restructure business strategy. Japanese government has earmarked approx. 150 billion US$ budget as comprehensive stimulus packages at 3 stages in September 2008, February and April 2009. Among the packages, approx. 30 billion has been allocated to ICT sectors to expedite economic recovery. With excellent Innovation, Paradigm shift in Information Society is promoting Any packages should contribute to resolve global Economic Recovery. There are @ Techno-Innovation (SCM, eco) and @ Finance-Innovation (e-service). Recently @ Socio-Innovation (e-inclusion) and @ Politic-Innovation (e-Gov) as leadership is equally important Fact finding and Policy implications We should evaluate the activities on Innovation policy in economic crisis, since more interrelated with each other between stimulus economic packages and Innovation Innovation policy cannot be discussed in a single country and need global attention for the issues, international cooperation on the role of Innovation as institutional framework is valuable. The survey of Waseda Univ. shows the effectiveness on Innovation utilization. There is Strong demand for creating comprehensive master plan for innovation for prioritizing the agendas. As positive trilateral relationship on government-business-academia, this conference should be highly considered Strengthening the capacity building in HRD for entrepreneurship ,SME and venture Survey by Waseda lectures series by the best 50 entrepreneurs (CEOs of venture companies) in Japan indicates the following Core competences as successful business 1. Speedy decision 2. Leadership 3. Complicated data analysis 4. Strategic usage of ICT Promising sectors for future venture – ICT, Food ,Manpower , Ageing ,Green and Biotech Support and improve the existing collaboration among academia, governments, business sectors, international organizations, and other related parties for the rapid development of Innovation as a tool to overcome the worldwide economic and environmental crises. Continue with the existing research on the new roles for the CIO in an innovative approach, focusing on the main existing problems worldwide, economic and environmental crises, and the rapid aging of citizens. Foster the development of “Green ICT”, in order to preserve the environment. This will be done by complying with the standards defined by the industry and international organizations. Support is also required for monitoring activities aiming at protection of the environment. In this context, Intelligent Transport System (ITS) is one of the very effective measures to overcome Governments can play an important role fostering broader innovation by supporting the diverse actors in the innovation ecosystem: people, firms, organisations, research institutions, the public sector and civil society. Developing networks and markets will enable the creation, circulation and diffusion of knowledge and is key to sharing the benefits of innovation. Policy should strengthen and enable the multiple platforms for innovation on such as ICTs. Conducive framework conditions such as sound macro-economic policy, competition, regulatory policies, openness to international trade and investment, tax and financial systems continue to be essential and effective innovation strategy. CIO for Innovation must be a central pillar of government policy, linking an array of ministries and public and private players. The recession will have permanent negative effects on potential output (OEC D estimates) Innovation is one of the keys to emerging from the downturn and putting countries back on a path to sustainable – and smarter – growth. Many governments have incorporated measures to strengthen innovation in their stimulus packages Governments can encourage entry and expansion of new businesses or the exit or re-orientation of existing businesses Investment in high speed broadband communication networks must be accompanied by regulatory frameworks which support open access to networks and competition in the market. Investment should also aim at stimulating the use of information and communication technologies (ICTs) The world crisis presents an opportunity to raise investment in human capital for talented ICT manpower including CIO. Support for education and training can accelerate the transition to new jobs. 2/5 of new jobs has come from ICT sectors. The world crisis should be used to achieve low-carbon economic growth. I recommend that governments send a clear policy signal now for Copenhagen in December about their medium and longterm climate change objectives.