Abstract
High-technology industries provide opportunities for economic growth, but also raise concerns because of their energy-demanding nature. This paper provides an integrated evaluation of both economic benefits and energy efficiency of high-technology industries based on the real data from one of the globally recognized high-technology industrial clusters, the national science parks in Taiwan. A nation-wide industrial Input-Output Analysis is conducted to demonstrate the positive effects of science parks on national economic developments and industrial upgrades. The concept of energy intensity and an energy-efficient economy index are applied to an integrated assessment of the relationship between economic growth and energy consumption. The proposed case study suggests that economic and energy efficiency objectives can be simultaneously achieved by the development of high-technology industries, while three energy policy implications are considered. First, a nation-wide macro viewpoint is needed and high-technology industries should be considered as parts of the national/regional economies by governmental agencies. Second, a proper industrial clustering mechanism and the shared environmental facilities supported by the government, such as planned land and road usage, electricity and water supply, telecommunications system, sewerage system and wastewater treatments, can improve energy efficiency of high-technology industries. Third, the governmental policies on the taxing and management system in science parks would also direct energy-efficient economy of high-technology industries.
Highlights
The evident success of Science Park policy in promoting clusters of high-technology industries has motivated countries from around the World to apply it in an attempt to promote regional development [1]
This paper evaluates the effectiveness of high-technology industry development as well as policy implications for national economic development and energy consumptions, from both the economic and energy perspective, based on the real data from national science parks in Taiwan
Science and technology polices and high-technology industrial developments can bring about significant national economic development
Summary
The evident success of Science Park policy in promoting clusters of high-technology industries has motivated countries from around the World to apply it in an attempt to promote regional development [1]. The global trend of science park policy is in evidence in the Western countries but a significant growth has occurred in the Asian countries, including Japan and Korea The science parks such as Zhongguancun in Beijing, Daedeok Innopolis in Korea, and Hsinchu Science Park in Taiwan are characteristic benchmarks with a high linkage to public policy and governmental support. The trajectory of science park development in Taiwan has been successfully put the manufacturing industry on the trajectory from labor-intensive production toward a capital-intensive one It filled in a niche in global division of labor of technology industry, facilitating the prosperity of regional economic development and the country as a whole. The frontier Taiwan experience can be a valuable reference for the economic and energy policies for high-technology industries
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