A Study on Policies and Effects of Promoting Innovation and Entrepreneurship Environment in Taiwan

• Main Authors: Chin-Chen HO, 何晉禛
• Other Authors: 邱俊榮
• Format: Others
• Language: zh-TW
• Published: 2019
• Online Access: http://ndltd.ncl.edu.tw/handle/9598cn

碩士 === 國立中央大學 === 產業經濟研究所在職專班 === 107 === To promote and implement innovation and entrepreneurship policies and measures by the government to foster the growth and development of start-up companies will not only increase employment opportunities but create multiplier effects in terms of economic output while for domestic enterprises research and development capabilities can be enhanced through mergers, acquisitions and cooperation with start-up companies. Hence, to encourage innovation and entrepreneurship and to create a sound and perfect entrepreneurial environment have always been main policy aspects in Taiwan. The promotion of innovation and entrepreneurship in Taiwan has had a long history of more than two decades. Based on policy analysis methodology, this study organizes, induces and analyzes major promotion plans in the past and achievements thereof together with relevant literature to present suggestions about policies for future promotion of innovation and entrepreneurship. Conclusions of the study are as follows: In the aspect of government organization: The development of innovation and entrepreneurship environment in the future will be benefited from a dedicated “Office of Innovation and Entrepreneurship” set up in the Executive Yuan to coordinate resources and promotion of innovation and entrepreneurship matters in ministries and agencies and map out overall mid-term and long-term policy guidelines. In the aspect of innovation-related laws and regulations: A mechanism for coordination of industrial needs and innovation-related laws and regulations shall be in place for policy impact assessment so that prompt adjustment to existing laws and regulations can be achieved while investment tax credits shall also be available to encourage businesses to invest in new ventures. In the aspect of innovation talents: Continued improvement shall be made to measures of retention and recruitment of innovation talents and corporatization of academy / research / innovation / talent cultivation institutions shall be promoted to realize university spin-off companies. In the aspect of financial support: Continued improvement shall be made to start-up companies’ business thinking to increase investment deal sourcing with market competitiveness while cooperation between international venture capitals and financial institutions with government shares shall be planned with establishment of policy financial institutions as a long-term goal.