Analysis on Value Creative Economic System of Japan and Policy Implications on Korea

The paradigm of the global economy is evolving from the industry-oriented economic system of the past to knowledge economy and creative economy. This study examines the case of Japan pursuing policies to realize a value creation economy and to deduce implications for Korea. The contents of creative economies were introduced and the reason for the voicing of value creation economy focusing on Japan and the background for creative economy and creative city were examined. In the creative economy contents of the Japanese industry, changes of Japan’s industrial policies were introduced, and as part of the new industry policy the following were examined. First, finding potential domestic demand and acquiring global markets through value creation. Second, value creation through various human resource capital. Third, science technology and human resource policies to realize creative economies. Afterwards, the concept of creative cities and the creative city cases of Kanazawa and Tsuchiura cities were introduced. In each case of pursuing creative economies, first, the system for pursuing creative economy by local governments, second, the direction for pursuing creative economy by companies, third, work-life mix, fourth, NPO through public regeneration/creation, and fifth, system for pursuing creative communities were examined.