There are two aspects in today's information revolution that started i
n the late 1970s. The first is an aspect referred to as ''the third in
dustrial revolution,'' which triggers the transition to the ''21st cen
tury system of Industrialization.'' The information revolution in this
sense brings the creation of new ''breakthrough industries (new multi
media industries).'' And the second aspect of the information revoluti
on possesses the characteristics of both a technological revolution an
d a social revolution and brings about the arrival of the third phase
of the historical evolutionary process of the modern civilization, whi
ch proceeds through three phases, namely ''militarization, industriali
zation, and then informatization.'' If the bearers of modern industria
lization are a ''group of enterprises'' that have been engaged in the
race in order to gain ''wealth'' (generalized means of exchange/exploi
tation power), and if these enterprises' activities have been exercise
d in the world market where their products have been sold, then it is
appropriate to call the bearers of informatization a ''group of intelp
rises.'' They will be engaged in the race to gain ''wisdom'' (generali
zed means of persuasion/induction power), then stages of their activit
ies can be called a ''global intelplace'' where ''sharables,'' that is
, information and knowledge, will be disseminated. And now, toward the
21st century, the third phase of modernization, which can be called t
he ''informatization/intelprise formation'' or the ''wisdom game'' (in
tellectualism), is about to begin. Japan's ''ie society (a society bas
ed on the ie principle-literally, it means ''house'' but here it is in
terpreted as cultural principle for organizing a society), which has b
een going through the process of evolution on the Japan Archipelago, h
as developed a network-based organization with little stratification w
ithin its infrastructure. In this sense, Japanese society can be chara
cterized as a ''network-oriented society'' in which intelprises and an
intelplace in the broad sense have functioned as the essential compon
ents of the society since Middle Ages. In general, an intelplace and i
ntelprises that operate actively within this framework serve as the fl
exible bases for different types of social relations and institutions,
such as states and markets and eventually integrate these into the so
ciety to a certain extent. In fact, it took place quite regularly duri
ng the modernization ''in the narrow sense,'' or Westernization of Jap
anese society after the Meiji Restoration. There exist some problems,
however. Some of the characteristics found in Japanese society may bec
ome obstacles to activities aimed at the sharing and promotion of info
rmation and knowledge in the global intelplace and Japanese participat
ion in the ''wisdom game.'' Badly needed are serious efforts for Japan
ese intelprise-formation to reduce these obstacles as much as possible
.