Recent Publications
Taiwan Economic Research Monthly
Global Lessons for Taiwan's Innovation and Entrepreneurship Rainforest Ecosystem
Startup enterprises have consistently been pioneers of technological innovation and economic transformation throughout each revolutionary period. Particularly during the Fourth Industrial Revolution (2010 to present), startups have emerged as the core driving force in cutting-edge fields such as artificial intelligence (AI), the Internet of Things, and biotechnology. In 2012, former U.S. President Obama signed the Jumpstart Our Business Startups (JOBS) Act, propelling startup policy to the center of global industrial policy. In 2016, Taiwan's government, in collaboration with relevant ministries, launched the "Asia Silicon Valley Development Plan," featuring dual pillars of Internet of Things development and innovation-entrepreneurship ecosystem construction, thereby inaugurating a new chapter in digital transformation and entrepreneurship. After nearly a decade of cultivation, Taiwan's startup ecosystem has transformed from a barren desert into a thriving rainforest. Looking ahead, how the government can effectively leverage abundant innovation resources and promote diverse collaboration has become a critical issue. This month's featured articles examine countries with outstanding performance and distinctive characteristics in global startup ecosystems, focusing on innovative policy measures across four key dimensions: funding dynamics, talent development, market expansion, and tax incentives. These serve as benchmarks for deepening Taiwan's startup rainforest ecosystem, empowering Taiwan's startup enterprises to shine brilliantly on the global startup stage.