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White Paper on International Trade 2004 (Part 1).
(From Journal of Japanese Trade & Industry (JJTI))
Byline: Nishiyama Keita
Introduction The White Paper on International Trade 2004 focuses on the theme of transition to a "new value creation economy." Unlike the conventional economy, in which power resides in capital, land, equipment and other tangible assets, power will reside in knowledge, human resources, patents, know-how, brands, innovative power and other intellectual assets in the new value creation economy. In the new value creation economy, competition will revolve around how we go about obtaining intellectual assets. Japan's economic indicators have been showing good signs since last year. To ...
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