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University-Industry Business Incubators in Taiwan
2013
Open Journal of Business and Management
According to World Economic Forum data, if an area's average income per capita is over 9000 US dollars, then knowledge and technological innovation will be the most important forces driving its economic growth. In Taiwan 98% of the companies are small and medium enterprises (SMEs), and they play a fundamental role in the sustainable development of Taiwan's economy, but due to limited funding, very few of them have established research and development (R&D) departments. Over 70% of the R & D
doi:10.4236/ojbm.2013.11001
fatcat:cjvpbmwecrbrpmwixfvi3xvl7i