[Investment] Taiwan Intellectual Advantage

According to WEF's "World Competitiveness Report" published on October 8, 2008, Taiwan ranks number 8 in the world because of abundant R&D talents. According to the "Science and Technology Development Survey" conducted by the National Science Council, the number of researchers for every thousand employees in Taiwan has grown stably, from 7.8 person-year in 2003 to 10.0 person-year in 2007, which are higher than South Korea, United Kingdom and the US. In addition, the number of researchers for every thousand employees in Taiwan is 10.0 person-year behind only Finland and Japan, slightly higher than 9.6 person-year in the United State. Moreover, the research workforce has grown conspicuously in recent years. The average growth rate was 8.3% between 2003 and 2007. The government continues to promote international technology cooperation and encourage visits and exchanges between science researchers in the academia, co-holding of academic seminars and cooperation for research projects. The government has set up overseas science and technology divisions to cultivate science and technology professionals' international views.