The Council for Economic Planning says Nangang Software Park’s (南港軟體園區) performance in a recent survey by the Economist Intelligence Unit (EIU) shows that the government’s efforts to promote innovation and the development of knowledge-economy clusters has borne fruit.
The survey looked at the effectiveness of four software parks in Asia — Cyberjaya in Malaysia, Dalian Software Park in China, Quang Trung Software City in Vietnam and Nangang — in promoting start-ups and domestic software firms, and the extent to which they foster innovation.
In last month’s survey, Nangang Software Park was found to have the highest survival rate for start-up businesses more than two years old, at 80 percent.
The council said that promoting “knowledge clustering” was key to the success of industries. It said Taiwan ranked first in the world in terms of the state of cluster development in the World Economic Forum’s global competitiveness report for 2006 and last year
The performance of companies that have set up shop in the Hsinchu Science Park, Central Taiwan Science Park and Southern Taiwan Science Park provide more proof that the government’s policy has been successful, the council said.
It said the total turnover of businesses located in the three parks was NT$1.9664 trillion (US$64.69 billion) last year, up 12.3 percent over the previous year.
Meanwhile, exports from the three parks amounted to NT$1.2376 trillion last year, a 15.6 percent increase year-on-year, the council said. Such exports represented a 15.3 percent of the nation’s total exports last year, it said
The EIU survey also noted that the Nangang park’s occupancy rate was “an enviable 98 percent.”
The park is the nation’s largest software park.
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