The Taiwan Innovation System

Abstract: The Taiwan innovation system is continually contributing to technology-based industrial development in Taiwan. This chapter discusses the most representative characteristics of the innovation system, that is: (1) the Technology Development Program of the Ministry of Economic Affairs illustrating the industry innovation policy; (2) the RD (3) the Hsinchu Science-Based Industrial Park's method of technology commercialization; and (4) the recruitment of overseas experts and the cultivation of talent to supply human resources to academia. Finally, we outline the practical achievements of the formation of the Taiwan integrated circuit industry.