Taiwan’s Economic Development: The Role of Entrepreneurship and its Incubating Factors

@inproceedings{Yu2012TaiwansED,
  title={Taiwan’s Economic Development: The Role of Entrepreneurship and its Incubating Factors},
  author={Fu-Lai Tony Yu and Feng Chia and Shan-Yu Chen},
  year={2012}
}
The abundance of active and innovative entrepreneurs has been ascribed as one of the main reasons for Taiwan’s miraculous economic development. This paper expounds upon the past 60 years and how Taiwanese business behaviour has been manifested by adaptive entrepreneurship. Taiwan’s entrepreneurs exercise their alertness to opportunities, use guerrilla strategies to profit whenever possible, manoeuvre in and out of regional arbitrages to exploit benefits from international production networks… CONTINUE READING
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