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TOPIC 8 : DIGITAL ECONOMY & MULTIMEDIA SUPER CORRIDOR (IMPORTANCE OF…
TOPIC 8 : DIGITAL ECONOMY & MULTIMEDIA SUPER CORRIDOR
OBJECTIVES OF MSC
A Multimedia Utopia that offers a productive, intelligent environment in which a multimedia value chain of goods and services will be produced
A global community living on the leading-edge of the information society
A platform for attracting world-class technology - led companies to Malaysia
A platform for research and other ground-breaking multimedia development based on 7 flagship applications of the MSC
CHALLENGES
ICT infrastructure obsolete fast
Technical know how limitations
Competition from other developed countries in attracking FDI
Digital divide in Malaysia
WHAT IS DIGITAL ECONOMY?
The convergence (come towards each other & meet at a point) of telecommunication, information technologies and electronic media has made possible new forms of economic interaction
MALAYSIA POLICY
National Information TechnologyAgenda
Knowledge - based economy / K- Economy Master Plan
Multimedia Super Corridor (MSC)
INCENTIVES OF MSC
100% tax exemption for all imported qualifying capital expenditure
Intellectual property protection with relevant laws
Duty free import of multimedia equipment
provides a 10 years tax exemption - pioneer status
STRATEGIES USED
The rate of human resource management
Establishing the institutions to drive the K- based economy
Securing the necessary human resources
MSC FRAMEWORK
Policies & Cyberlaws
International Eco-friendly Environment & Lifestyles
Telecommunications & Communications
IMPORTANCE OF DIGITAL ECONOMY
Globalization
Equity
Information sector
Effectiveness
Widen range of products
CHALLENGES IN DIGITAL ECONOMY
Research & development (R&D)
Knowledge workers