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Agencies across the government act together to assist industrial in innovation.
Continuous innovation is the key to industrial competitiveness. However, due to resource constraints, in terms of level of automation, small and medium-sized enterprises (SMEs) which play key role in Taiwan’s economy, are usually not comparable with multinational companies, even though Taiwan’s economy is transforming into the “Innovation-Driven” model. When SMEs want to adopt advanced technologies such as big data, artificial intelligence (AI), machine learning and Internet of Things (IoT)...Read More
Innovation and Entrepreneurship in Taiwan
The origin of a startup business often comes from an idea or a key technology that breaks through the traditional technology or business philosophy. However, according to the statistics of Small and Medium Enterprise Administration of Ministry of Economic Affairs, about 30-40% of Taiwan’s start-up companies went bankrupt or closed their business within five years of starting a business, and the number of surviving companies was 60-70%. In the process of entrepreneurship, thereby, there are many problems that need to be considered for creating enterprise self-value and sustainable development. This month we invited eight experts with rich experience in innovation and entrepreneurship to share their experience and practical results. The highlights fall into three categories, including (I) Entrepreneurship Thinking and Sharing of Successful Experience: (a) Wangdao and Innovative Entrepreneurship – by way of constant innovation to create value and balance of interests, the goal of sustainable development can be reached, (b) Value growth innovations lead digital business transformation to achieve social sustainability, (c) Innovative Entrepreneurship --Opportunities and Challenges for Enterprises and Startups, (d) What I Learnt from Entrepreneurship – how to face the challenges and successful experience of entrepreneurship; (II) Establishment of Innovation Environment and Analysis of Startup Team Characteristics : (a) Why a good Innovation Ecosystem Matter – to re-examine what are the basic issues that we are facing and how we can improve systematically through a robust innovation ecosystem, (b) Fundraising by start-up businesses in the capital market, (c)The characteristics of the members background in shortlist teams of Taiwan academic startup; (III) Entrepreneurship Case from Academic Research Achievements : The Pioneer of the Compound Semiconductor Industry in Taiwan – commercializing academic research results through founding startup companies.
Editor in Chief
Ying-Shao Hsu (National Taiwan Normal University)
Po-Tsun Liu (National Yang Ming Chiao Tung University)