raising the value added of industry how to release institutional bottleneck yun peng chu professor economics issp academia sinica and national central university 1 contents i industrial development ii academics iii decisions making science technology policies iv policy recommendations 2 3 from 1992 1999 share manufacturing in gdp reversed its falling trend main contributing factor was rise it index production taiwan 40 60 80 100 120 140 82 84 86 88 90 92 94 96 98 00 actual 4 period radical currency appreciation ten newly emerging industries 2000 include communication information consumer electronics aerospace 5 medical health care 6 pollution control 7 high grade materials 8 semi conductors 9 special purpose chemicals pharmaceutical 10 precision machinery automation these are among target government tried promote past decade decomposition analysis applied digit g334g210rvag211 g342 s g398trsg398g334g210var g211 ratio effects ig26bk var k g398g210trsg211g398g334g210s
