Acer Inc. founder Stan Shih proposed Monday that Taiwan should promote the development of smart cities through a public-private-people partnership cooperation mechanism.
Addressing a seminar on the development of smart cities hosted by the Industrial Technology Research Institute's (ITRI) Industrial Economics and Knowledge Center (IEK), Shih, in his capacity as an ITRI laureate, called for pooling together resources from the government and the private sector to develop smart cities through the mechanism.
Based on its advanced information and communications technology (ICT), as well as software and service architecture, Taiwan is on a more advantageous footing than many other countries for developing smart cities, according to Shih.
He also said that Taiwan should position itself as a "Silicon Island" and evolve into what he described as a "Silnnovation Island" if it intends to revive the prosperity it enjoyed as a "Technology Island."
Taiwan is home to the world's largest contract manufacturing firms, which grants it status as "Silicon Island," according to Shih.
Describing silicon as not only at the core of future innovation, but also a vehicle for innovation, Shih said that based on its advantage in this area, Taiwan should seek to become a hub of global innovation.
The government should work to find a way out for younger generations by providing an environment featuring talent and industrial clusters and constant innovation in business models, Shih said.
As a "Silicon Island," Taiwan can position itself as the "Silicon Valley of Asia," by taking advantage of the world's largest Chinese-speaking market and Taiwan's superior capability in innovation, he added.
Source: Focus Taiwan News Channel