Foreign-owned research and development facilities key to upgrading industry

This article was written by Chen Shin-horng and published by The Taiwan Journal on June 6, 2003. It reports that the administration of President Chen Shui-bian has targeted upgrading Taiwan's industries in his "Challenge 2008 National Development Plan". One of the key planks of this plan is attracting foreign investment and know-how, especially for foreign-owned research and development facilities. Chen Shin-horng, director of the International Division at Chung-Hua Institution for Economic esearch, examines whether such plans are feasible.