development model of the taiwanese industry 2006 new sources growth for penang dr ing liang han hsieh general director international business center industrial technology research institute december 8 2 outline a successful story ? ? ? ? ? ? value enhancement along chain ? ? ? ? integrating technologies with service lifestyle and global 3 until recently oem high tech products export under no brand name key characteristics science based park itri expatriates hardware software trillions & stars lessons skills learned speed investment vc yield qa cost management hr manufacturing automation clusters associations universities 4 cumulative gdp 1950 1960 1970 1980 1990 2000 20 40 50 55 knowledge industries 1999 information electronics basic chemical labor intensive 1953 1972 post war restoration food textiles 1945 1952 year 1984 1998 1973 1983 0 bicycles motorcycles semiconductors optoelectronics evolution taiwan s founded re org 5 man made fibers apparel y accelerated upgrading established
