TaipeiEcon
Inventory of all articles of TaipeiEcon
Inventory of all articles of TaipeiEcon
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By Feng,Ling-hui/TIER
LL released a report on “Globalization and Competition: The New World of Cities” on November 2015. Taipei City ranked the fifth among the emerging world cities together with other emerging cities like Kuala Lumpur and Istanbul. Taipei has entered into the critical period for globalization. It is not only a critical port of call for all major markets around the world, but also keeps the capability for critical decision-making. Taipei benefits from its particular strategic location and dynamic labor market. Its high performance of investment and impressive infrastructure are the main supportive forces for highly developed cities. In terms of the three key indices, Taipei City ranked the first in public infrastructure, and took the second place in high education level and the seventh in creative R&D capability. The review said people voted it as a “highly-competitive city”.
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By Huang Nuan-yun/TIER
[Global Views Monthly] announced the result of a Survey on Overall Competitiveness” in July 2015. It showed Taipei to be yet again the champion amongst 19 cities and counties around Taiwan. Besides the overall leading performance, Taipei City is also ranked as the first in five aspects: “economy and employment”, “education and culture”, “environmental protection and environmental quality”, “medical care and health” and “local finance”.
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By Huang Nuan-yun/TIER
Mastercard Worldwide announced their newest “Global Destination Cities Index” report in June, 2015. For most cities, there has been stable growth of tourist numbers and consumption. The number of tourists is expected to increase to 38.29 million and 360 billion will be spent. The number of tourists to Taipei City is expected to increase to 6.55 million in 2015 to take the world’s 16th spot. Between 2009 and 2015, the compound growth rate reached 14.9%, and Taipei became the 7th fastest growing global city, surpassing both Tokyo and Hong Kong. Taipei is now regarded as having great growth potential as an Asian tourism destination.
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By Huang Nuan-yun/TIER
According to the latest Networked Society City Index (2014) by the Ericsson Corporation Sweden, Stockholm retains its number one position. This report ranks 40 cities worldwide on their performance, challenges, and opportunities in both sustainability and development in the ICT field. Stockholm was followed by London, Paris, Singapore, and Copenhagen, in order. Taipei again ranked thirteenth.
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By Huang Nuan-yun/TIER
According to the “Safe Cities Index” released in 2015 by the Economist Intelligence Unit (EIU) for 50 large cities around the world, the three with the highest ranking are all in Asia. This index uses Digital and Health security, and Infrastructure and Personal safety. Tokyo was ranked first as the “The Safest City”, Singapore was second and the City of Taipei ranked thirteen.
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By Hsu,Chu-hsien/TXA Private Board Of Directors
While many are interested in starting their own business around the world, Taiwan is also proactively creating a friendly environment for business starters. The central government and respective local governments are introducing various incentives for people starting their own business. Private incubation centers, venture accelerators, shared workspaces, and maker spaces are mushrooming, too. For a new company, however, how to make their innovative brand known by others is important and is something they must accomplish. The author suggests that they may take advantage of the international market, a venture agent, various venture competitions and events and the Go Incubation Board for Startup and Acceleration Firms as four major ways to create a higher-level brand. New companies in Taiwan are able to light up their own brand utilizing various strategies. Therefore, they glow in Taiwan and are in the spotlight on the international stage. What is more important is that they can transform their brand image into value on the capital market in order to gain sufficient fuels that keep the fire of innovation going!
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By Lo,Chih-Shan/Institute for Information Industry
Faced with the impact brought about by emerging financial technology, powerfully unconventional and innovative characteristics are embedded in the development of the operational model, products, process flow, and application system for the financial service sector. This also further intensifies the collaboration between traditional financial institutions and financial technology providers. The core values of and opportunities brought about by the financial technology lie mainly in effectively reduced cost and efficient quality service, which are conducive to enhanced operational capability of financial institutions while the cost structure is significantly downsized. Taipei, being the political and economic center in Taiwan and a city that lies at the core of the Asia Pacific Region, owns abundant quality technology talent and innovative R&D momentum. While the world is proactively deploying and promoting an innovative approach to business, the innovative sector featuring FinTech mainly targets software systems and innovative service. The latter will be advantageous niche for Taipei while it tries to reach out to the Asia Pacific market.
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By LO,CHIH-SHAN/Institute for Information Industry
Nearly all industrial developments rely on the Internet nowadays. By utilizing big data analysis technology, one can more quickly produce diversified data in real time. In other words, for core managers in an enterprise or venture team, they need data-driven strategic thinking. While entrepreneurs are thinking about where to start their business, if they can consider first the deployment of data assets of the business and then what kind of commercial pattern and market value the data can be transformed into and what kind of innovative service to be designed, the data-driven business will be sustainable.
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By Cheng,Kuang-ting/flyingV
The creative solution that arose from crowd-funding utilization, brought forth a new trend for startups. Not only does it provide a combination of the two platforms of “creative, idealistic, but lacking capital” with “have capital, and willing to donate and support quality creativity”. Now the threshold of entrepreneurship has been lowered, plus capital now may be sourced from crowd funding, along with maintaining creativity and operation independence on the proposer’s side. In order to increase the success rate of the entrepreneurship, flyingV has proposed providing consulting material, that has to include the four elements of: “anticipation”, “trust”, “uniqueness”, “value”, as well as analyzing the operation of its products and proposition before and after the project’s availability. Generally speaking, “Music Videos”, “Technical Applications”, and “Product Design” are the three projects with the highest amount of one-time donations. The proposers of these projects, have learned that there are many highly-anticipated business opportunities in our society, yet no one is going for them. We recommend that the government should provide a transparent and clear information platform, so that the pre-existing civil resources may be utilized appropriately, thus further provide entrepreneurs a more fostering environment. By slowly concentrating skilled professionals, capital, and industries, we may truly build a fertile ground for entrepreneurship.
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By Lin,Tuan-jung/Changee
In order to market and make “Taipei Entrepreneurship” a brand, it requires a dazzling brand image, as well as a 30-second definition representing its spirit, which is the business mission. Based on this, this article will pin-point the competition and its own position using the three indicators of performance superiority, operational excellence, and customer intimacy, by which we can find out how to develop a city that welcomes entrepreneurship. First and foremost, we must analyze the environment for startups within all aspects of performance superiority, including policies, settings, social platforms, information exchanges, capital, etc. Next, by systemizing all startup-related data into one unified platform, we can add efficiency to information organization and managerial method, which would then shorten all processes and time. Lastly, we provide a targeted and customized one-website access point service for all inquires.
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By Su,Shih-chung/Taiwan Venture Capital Association
Reflection and awareness among the senior marks the beginning of creativity, innovation, and venture among the young. The underlying purpose of promoting the entrepreneurship policy must be equivalent to that of venture and innovation; it is to improve the environment for people to start their own business. The mechanism to expedite promotion of the entrepreneurship policy can be explored from the following three elements: 1. an open attitude to include diversified creativity; 2. revision of laws, regulations, and systems; and 3. bravery and absence of fear about ventures. Only when the overall environment for young people to start their own business in Taiwan is improved can they have the courage to make the move. With innovation and creativity, the dream of owning a business will come true through Angel Investment.
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By Huang Nuan-yun/TIER
To create a business-friendly ecological environment for social enterprises, the Taipei government has built up a quality space for the start-ups to run their business. While planning the start-up-related projects and giving instructions to the enterprises, the government actively promoted the social enterprises to apply for the project of subsidies for business investment and set up high expectations for the quality SMEs located in Taipei City. In the Q4, the entrepreneurs of quality social enterprises have received an incentive and subsidy from the government. These companies are the Friend Rabbit, which cares much about abandoned rabbits and iCare, which puts much concern on the senior citizen health care in community service and the aging problem. It allows the people to look into the touching story of and get to know each entrepreneur who founded the social enterprise.