Keywords: science parks, industrial R&, D, high-tech development, Taiwan, Hsinchu Science-based Industrial Park (HSIP), developing countries
Promoting industrial R&D and high-tech development through Science Parks: the Taiwan experience and its implications for developing countries
This paper offers a comprehensive review of the development of Hsinchu Science-based Industrial Park (HSIP) in the context of an overall strategy to promote industrial R&D and develop high-tech industries in Taiwan. The technical and economic background of HSIP is examined. Critical factors contributed to the success of HSIP are discussed in detail. Several salient features of HSIP and their implications for developing countries are identified and discussed. They are as follows: active involvement of the government, accumulation of knowledge and skill, and focus on manufacturing and demand-motivated R&D.