TY - JOUR
T1 - Competitive strategies for Taiwan's semiconductor industry in a new world economy
AU - Wang, Chi Tai
AU - Chiu, Chui Sheng
N1 - Funding Information:
Being a small island country with a total population of approximately 22 million and a total landmass of 14,000 square miles, Taiwan is high in population density and low in environmental carrying capacity. Naturally, in the wake of global warming and environmental conservation, promoting sustainable development has become a major national issue. By establishing dedicated departments and organizations, the Taiwanese government has acted seriously on this issue. One such example is Taiwan Industrial Greenhouse Office. Established by MOEA in 2006, its mission is to facilitate industrial management of GHG and promote voluntary GHG reduction. The office was expanded and renamed the “Energy saving and Carbon emission reduction Office” in 2010, with its mission extended to cover legislation, strategy, and technology issues in energy savings and carbon reduction [78] . Another example is Environment and Development Foundation, a non-profit organization established in 1997 and financially and technically supported by ITRI [79] . The organization specializes in various environmental issues, including the certification of eco-labels and product environmental declarations. For more than 10 years, the progress of sustainable development in Taiwan has been documented in a monthly report issued by the Industrial Development Bureau of MOEA.
PY - 2014/2
Y1 - 2014/2
N2 - Taiwan's semiconductor industry (TSI) has been a popular research subject. In particular, the small island country's characteristic fast follower approaches to starting a capital and knowledge-intensive high-tech industry - such as the semiconductor industry - and making it a success story provide valuable insight into the fast-changing dynamics of these industries and a role model for developing countries. For a long time, the primary competitive edges of TSI have been speed, cost, flexibility, and quality, enabled by policy formulation, bridging institutions, public infrastructure, vertical disintegration, entrepreneurship, and human capital. However, facing heightened competition, a change of status (i.e. TSI is no longer a follower but a forerunner in a relatively mature state), and a changing world economy, TSI needs to develop additional core competencies to remain competitive. This article discusses the approaches adopted by Taiwan's public and private sectors for such a purpose. By surveying a wide variety of data including laws and policies, national science and technology programs, industry news, market reports, and relevant literature, the study suggests that technology, value, sustainability, and brand are the additional competitive edges being developed for TSI. The paper also discusses potential obstacles for TSI in the foreseeable future.
AB - Taiwan's semiconductor industry (TSI) has been a popular research subject. In particular, the small island country's characteristic fast follower approaches to starting a capital and knowledge-intensive high-tech industry - such as the semiconductor industry - and making it a success story provide valuable insight into the fast-changing dynamics of these industries and a role model for developing countries. For a long time, the primary competitive edges of TSI have been speed, cost, flexibility, and quality, enabled by policy formulation, bridging institutions, public infrastructure, vertical disintegration, entrepreneurship, and human capital. However, facing heightened competition, a change of status (i.e. TSI is no longer a follower but a forerunner in a relatively mature state), and a changing world economy, TSI needs to develop additional core competencies to remain competitive. This article discusses the approaches adopted by Taiwan's public and private sectors for such a purpose. By surveying a wide variety of data including laws and policies, national science and technology programs, industry news, market reports, and relevant literature, the study suggests that technology, value, sustainability, and brand are the additional competitive edges being developed for TSI. The paper also discusses potential obstacles for TSI in the foreseeable future.
KW - Competitive strategy
KW - Industry life cycle
KW - Semiconductor
KW - Sustainable development
KW - Taiwan
UR - http://www.scopus.com/inward/record.url?scp=84891743601&partnerID=8YFLogxK
U2 - 10.1016/j.techsoc.2013.12.002
DO - 10.1016/j.techsoc.2013.12.002
M3 - 期刊論文
AN - SCOPUS:84891743601
SN - 0160-791X
VL - 36
SP - 60
EP - 73
JO - Technology in Society
JF - Technology in Society
IS - 1
ER -