1. Industrial Upgrading through Low-Cost and Fast Innovation—Taiwan's Experience
- Author:
- Dieter Ernst
- Publication Date:
- 09-2013
- Content Type:
- Working Paper
- Institution:
- East-West Center
- Abstract:
- This paper examines the forces that drive Taiwan's new strategy of "Upgrading through Low-Cost and Fast Innovation." The first section highlights characteristics of Taiwan's traditional "Global Factory" innovation model and examines the role of innovation policy in that model. Section 2 reviews fundamental weaknesses that define the requirements of Taiwan's new innovation strategy. Section 3 explores Taiwan's new strategy of "low-cost and fast innovation through domestic and global innovation networks." Finally, section 4 examines the role of government and key policies and initiatives in the IT industry.
- Topic:
- Government, Industrial Policy, and Science and Technology
- Political Geography:
- Israel and Taiwan