1 from nuts & bolts to bits bytes the evolution of taiwan ict in a global knowledge based economy ting lin lee introduction motivation and objectives as we have entered information age developed digital with rapid development satellite communications universal penetration internet emergence intelligent industries speed innovation become main factors spurring industrial its education highly educated citizenry high quality workforce facility cultivating technical personnel is very well positioned for intensive technology this where s comparative advantage lies industry output by value hardware sector it software respectively was us 684 49 4 hundred million 2004 proportion expenditure gdp then 7 according survey conducted find number subscribers access accounts reached 9 98 december 61 households were connected 81 enterprises had bandwidth used international connection