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Japan ruling party's IP group calls for $1.4 billion public investment in content sector

( May 28, 2025, 03:37 GMT | Official Statement) -- MLex Summary: Japan's ruling party lawmakers submitted on May 26 an intellectual property policy proposal to Prime Minister Shigeru Ishiba, positioning IP as the essential source of earning power to drive Japan’s transformation into a high-value, innovation-led economy, the group said yesterday. The Research Commission on Intellectual Property Strategy of the Liberal Democratic Party proposed legal revisions to strengthen IP protection and government investment of 200 billion yen ($1.4 billion) in Japan's cultural and content industry. It also called for the creation of a government command structure to lead international standardization efforts to ensure Japan leverages its business strengths and secures a competitive edge. The proposal, in Japanese, is attached:...

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