Maintaining Taiwan’s Global ICT industry lead by Improving Employee’s Training

Written by Bo-Yi Lee. Employee training is critical in the success of organisations, including productivity, profitability, innovation capabilities and overall competitiveness. Due to the everlasting and intensifying global competition among firms, particularly in the ICT industry, the Taiwanese government has incentivised firms to build formal training systems. This includes establishing a training committee at the corporate level, creating skill development maps and building e-learning databases for employees. Thus, it will help employees catch up with predicament of ever-changing technologies. However, R&D engineers in the Taiwanese ICT industry rely much more on informal training to update their knowledge and skills in related technologies.

In between giants: how a EU-Taiwan partnership could ensure digital benefits for all

Written by Maaike Okano-Heijmans and Brigitte Dekker. The protection of digital freedom of speech, transparency and inclusiveness is at stake as governments resort to (sometimes intrusive) digital means to monitor and combat the coronavirus. At the same time, economic competitiveness in the digital age requires innovative approaches, as the US-China rivalry profoundly reshapes the global tech landscape and global governance. This is where Taiwan and the European Union (EU) have similar interests and stand to benefit from exchanging best practices.

The Impact of COVID-19 on Taiwan’s Economy and Future Prospects

Written by Min-Hua Chiang. Despite economic shrinkage, the impact of COVID-19 on Taiwan’s economy is restrained compared to other countries. Singapore (-2.2%), European Union (-2.7%), USA (-4.8%), China (-6.8%) and Hong Kong (-8.9%) have reported a more significant drop in the first quarter of 2020. Taiwan’s success in controlling the spread of COVID-19 has minimized the impact of COVID-19 on its economy. As of May 11 2020, Taiwan reported 440 cases and seven deaths, lower than most other countries in the world.