The document discusses the rise of social media and other web 2.0 technologies in Asia, providing examples from China, Japan, and South Korea. It examines social networking sites like QQ, Mixi, and Cyworld and their business models. Success stories highlighted include OhmyNews, an influential citizen journalism site in Korea, and Train Man, a popular story from Japan about a shy man helped by strangers on a train. Barriers to further innovation discussed include infrastructure, talent, and access to capital.
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30. The fastest broadband connections are in Korea and Japan . OECD Report, July 2007 Thanks to fiber optic cables the broadband connections in Japan were up to 10 times faster than the OECD average . Japan also had the lowest relative monthly broadband charges/Mbps
31. # Country Householdssubscribing Avg. speed (mbps) Price/month for 1 mbps, fastest tech. (USD PPP) Overall Score 1 Korea 0.90 45.6 0.45 15.73 2 Japan 0.52 61.0 0.27 14.99 3 Iceland 0.83 6.0 4.99 12.14 4 Finland 0.57 21.7 2.77 12.11 5 Netherlands 0.73 8.8 4.31 11.87 6 Sweden 0.49 18.2 0.63 11.54 7 France 0.49 17.6 1.64 11.41 12 US 0.51 4.8 3.33 10.47