Gov-funded R&D Center Boosts Tai as One of Four Little Dragons

 Frank Li Jan. 23, 2013 in Waterloo, Canada

 http://www.shuicheng.ca/bbs/home.php?mod=space&uid=61910&do=blog&id=3832

 http://www.kwcg.ca/bbs/home.php?mod=space&uid=61910&do=blog&quickforward=1&id=3832

Key Points

Tai's Industrial Technology Research Institute (ITRI) is a Gov-found and later self sustained non-profit R&D institution in 1973, and headquartered in Taiwan, with the branches in Tokyo, Berlin, Moscow, Eindhoven and California Silicon Valley. Currently there are 5,777 members with background of 1,392 PhDs and 3,126 Masters. 

Its practice is new tech R & D and business incubator by spinning off the matured research achievements with related researchers together as independent enterprises, and to have created more than 228 start-ups and spin-offs with over 140 CEOs in the local high-tech industry, among them many are world-renowned high-tech companies, such as TSMC and  UMC. Now, it holds more than 19,890 patents.

The Gov-found non-profit model in enterprise management with no shareholders can ensure the R&Ds future oriented by avoiding the pursuit of short-term profits, and the earnings can be used for new R & D investments rather than to be distributed to the individual hands.

The ITRI has been the essential innovative force and think-tank with openLaboratory to provide full serve for small and medium sized enterprises and drive Taiwan developing as one of The Four Little Dragons.

Now, China and the United States is eagerly replicating the model in a large number of.

I hope that Canada should also establish similar R & D institutes of cities, provinces and national to provide full service both in management and technology with full cover of all busineees and to conduct R & D on cutting-edge huge market potential projects that individual enterprise cannot afford to continuously spin off more and more internationally competitive enterprises, as ready alternative for the Oncoming Energy Crisis.