Alexa
  • Directory of Taiwan

China Times: Innovation-led transformation for high-tech sector

China Times: Innovation-led transformation for high-tech sector

Commenting on the latest wave of high-tech changes, Acer co-founder Stan Shih said: "The past formula for success no longer works. Acer needs reengineering." Shih was right. And this applies not only to the business sector but also to the government. The government should present policies that are more creative, farsighted and innovative to assist and guide businesses. For example, with cloud computing becoming an obvious trend in the global digital industry, we can reasonably predict that in the future, all companies will use the technology in their operations, just like the Internet during the dot-com boom. The government should do more than just attract international companies to set up information processing centers in Taiwan. It should conduct an in-depth study into Taiwan's competitive advantages and identify potential applications for cloud-based solutions. According to Academia Sinica member and Minister Without Portfolio Cyrus Chu, Taiwan's National Health Insurance database could be used to build a medical cloud. Another example is the biotechnology industry. Taiwan's advanced medical technologies provide a strong basis for the country's development into a regional hub for clinical trials. But Taiwan's competitive advantage has been eroded, thanks to our conservative and timid government officials and some "wise-guy" politicians who believe such a hub would turn Taiwanese into "white mice." The alternative energy industry is another future star. Although the government has noticed the trend, it is not doing enough to support the industry. The government has often flip-flopped on its policy, failing to provide a clear direction and not getting involved enough. The government has no need to start a business on its own or subsidize businesses. What we need are breakthroughs, foresight and creativity in our policies and laws and regulations. (Editorial abstract -- Nov. 1, 2011) (By Y.F. Low)


Updated : 2021-10-16 07:48 GMT+08:00