Taiwan Needs More than TSMC
Seven of Korea’s ten most valuable companies are newcomers; in Taiwan, the number is zero out of ten. Taiwan’s economy and technology may seem to be in the lead, but is it really winning? A look at the respective lists of the ten most valuable companies reveals innovation in Korea, but only old faces in Taiwan. To beat Korea, Taiwan needs more than just TSMC.
What Korea Is Doing Right… and Taiwan Is Not
Taiwan’s economic growth may have edged Korea’s in recent years, but a substantial gap remains in per capita income. Its worrying lack of powerhouses in emerging industries will make it harder for Taiwan to make up ground.
The Hard Truth About How Korean Biotech Surpassed Taiwan
The Korean biotech giant Celltrion is proof that from humble beginnings, big things may one day come. Its founder deserves a chunk of the credit, but the Korean government also did much to accelerate its success. Taiwan and Korea started out at around the same time; how has Korea left Taiwan in the dust? Here are some of the things that Korea did right, as well as Taiwan’s missed opportunities.