Taiwan has risen to 26th in a global start-up ecosystem rankings report, up four notches from last year, the Ministry of Science and Technology said yesterday.
The rankings were complied by StartupBlink, an Israel-based global start-up ecosystem map and research center, in conjunction with the ministry’s Taiwan Tech Arena, listing about 1,000 cities and 100 countries.
In The Global Startup Ecosystem Index Report 2021, Taiwan ranked 26th globally, although it remained seventh in the Asia-Pacific region.
Taiwan was 14th on the “Hardware & IoT” subindex and 15th on the “Health Technology” subindex, the report said.
Among the 1,000 cities in the report, Taipei was listed 41st, up one notch from last year, while five other Taiwanese cities — Hsinchu, Taoyuan, Tainan, Taichung and Kaohsiung — made the rankings for the first time.
The nation’s performance in the start-up ecosystem has gained international recognition through the efforts of government agencies and the private sector, which has helped consolidate its status in deep tech and other emerging industries, the ministry said.
Meanwhile, Taiwan rose three places from last year to 17th in The COVID-19 Innovation Report compiled by the UNAIDS Health Innovation Exchange and StartupBlink, placing it among the 32 best-performing countries, the ministry said.
The greater Taipei area advanced on the list of 80 cities in the innovation rankings from 10th last year to ninth, it said.
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