Intellectual Advantage

According to WEF's "World Competitiveness Report" published on September 5, 2012, Taiwan ranks 13th places in the world because of abundant R&D talents. According to the "Science and Technology Development Survey" conducted by the National Science Council, the number of researchers for every thousand employees in Taiwan has grown stably, which are higher than the US. In addition, the number of researchers for every thousand employees in Taiwan is 10.6 person-year behind only Finland and the same with Japan, slightly higher than 9.6 person-year in the United State. Moreover, the research workforce has grown conspicuously in recent years. The average growth rate was 8.3% between 2008 and 2010.

Taiwan also has advantage on higher educated workforce. 45.4% of the workforce with college, university or higher education background. According to the statistics released by the Directorate-General of Budget, Accounting and Statistics in 2012, college and higher educated population accounted for 39.0% of the population at age above 15 years old. Taiwan has a workforce of about 11 million people, accounting for about 48.99%of the total population. Every year, 320 thousand students are graduated from college, university or higher education, which make sufficient workforce supply to the industry. Taiwan ranked 16th and 9th in the world for the number of papers published in the SCI and the EI Journals. The number of papers published in the EI Journal increased to 20,302 in 2010 from 16,657 in 2007, with an annual growth rate of 7.8%. According to the 2009 report released by the Higher Education Evaluation and Accreditation Council of Taiwan based on the statistics from the Essential Science Indicators (ESI), 50 universities are among the world top 1% in terms of the number of papers published and count of citations, an increase of 9 universities compared to 2011. The National Taiwan University performs the best among the universities in Taiwan, Hong Kong and China.

The government continues to promote international technology cooperation and encourage visits and exchanges between science researchers in the academia, co-holding of academic seminars and cooperation for research projects. The government has set up overseas science and technology divisions to cultivate science and technology professionals' international views.

Source from: Invest in Taiwan

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