Why Taiwan’s Family Businesses Still Rule and Why It Matters

Written by Zong-Rong Lee. As part of the Taiwan Insight–IJTS special issue on the Topical Section “Transitions and Challenges in Taiwan’s Economy and Society,” this article presents Zong-Rong Lee’s study on Taiwan’s enduring family capitalism. It traces how political patronage, kinship networks, and market reforms sustained family dominance, raising concerns about competition and long-term adaptability.

Professional Sports in Taiwan: Business Structure and Co-governance Mismatch in Technology 

Written by Yi-Yen Lim, Jui-Jan Chan and Chan-Yuan Wong. This article analyses the challenges and opportunities facing professional sports in Taiwan. Unlike Western models, Taiwanese teams heavily rely on corporate sponsorships and government support, leading to a mismatch between technology push and industry demand. The authors argue that granting more autonomy to teams and fans in technology adoption could foster a more independent and vibrant sports culture. The article focuses on the case of the Uni-Lions baseball team, highlighting its unique business structure and sustainability challenges.

Global Britain Goes to Southeast Asia: Investment Flows in an Era of Great Power Competition

Written by Guanie Lim and Xu Chengwei. In March 2021, the UK government published the ‘Global Britain in a Competitive Age’ report. Amongst other things, it sets out the UK’s four key objectives: upholding an international order supportive of liberal democratic values; contributing to the security of this order; building greater global resilience to the impacts of climate change, health insecurity, and related challenges; and pursuing an international economic agenda that strengthens the UK’s global competitiveness and supports the welfare of its citizens. One of the most practical measures to achieve such goals is to channel foreign direct investment (FDI) to outward-oriented economies, not least those with potentially enormous upside. Boasting the fifth-largest economic output in the world and a very favourable demography, the Association of Southeast Asian Nations (ASEAN) must figure prominently in the calculus of UK policymakers.

Gatekeeper’s Dilemma: Japan Facing CPTPP Applications from China and Taiwan

Written by Saori N. Katada. For more than a decade, the Transpacific Partnership (TPP) trade agreement has been vital to the Japanese government’s economic agenda. This mega free trade agreement encompassing the Asia Pacific, originally negotiated among twelve members, has aimed not only at creating a large free trade area among the members but also installing the most advanced trade and investment rules in the region. After joining its negotiation in 2013 and especially since the 2017 US exit from the agreement, Japan has been taking a leading role in shaping and protecting this scheme. Finally, in December 2018, the Comprehensive Progressive Agreement of the TPP (CPTPP) came into effect with the remaining eleven members. Despite the US absence, it began to attract interest among others to join.

CPTPP Membership for Taiwan: Rationales, Challenges, and Outlook

Written by Roy Lee. Taiwan has been preparing for CPTPP accession for the last eight years. The economic importance of CPTPP for Taiwan is critical, as it is perhaps one of the limited options available for Taiwan to avoid being marginalised from the Asia Pacific regional integration process. This article starts with a review of key policy rationales for Taiwan’s CPTPP accession, then analyses major challenges and impediments, and offers thoughts on future prospects.

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