Moves are growing to encourage companies to invest in people. It is hoped that a system will be developed in which much money will go to companies actively making such investments, which will in turn lead to a virtuous cycle of growth and wage hikes.
With the digitization of the economy, the core industrial sector is shifting from manufacturing to IT and other service industries.
As a result, intangible assets such as human resources, patents and copyrights have been considered more important than tangible assets such as real estate and production facilities as corporate evaluation criteria.
