Sunday, April 16

Innovation in Taiwan

Oftentimes people don't associate Taiwan with innovation. They think that Taiwan and other parts of Asia are only good at copying what others have created. This view is so 1980. It's also dangerous. Asian firms are quite happy to let firms in the West believe this stereotype as it makes it easier for firms based in this region to learn and encroach into Western firms' business.

The view that Asian firms can't innovate also forgets that if you are in the game of designing/manufacturing products for the likes of Dell, Apple, H-P and Sony cheaply, you're going to have to innovate to make a profit. It's a bidding game most of the time, and there are a handful of firms all trying to get the next iPod order or power-pack order. Manufacturing electronic products well, cheaply and profitably requires bucketloads of innovation.

Link: The Taipei Times has an interesting article of on some recent mergers and consolidation activities in Taiwan.


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