Abstract

The purpose of this paper is to analysis how much “High Risk-High Return” Response can influence a regional economy. And Taiwanese high-tech companies are focused on and mainly their investment strategy and employment policy are analyzed in this paper.Taiwanese economy has been recovered steadily since 2002. And the economic growth ratio of 2004 1Q and 2Q reaches 6.72% and 7.88% respectively. This high growth comes from the private investment growth ratio (24.9%). Especially high-tech companies are in a position to lead this investment.In Taiwan, there are many excellent high-tech companies such as TSMC (Taiwan Semiconductor Manufacturing Company) in Semiconductor industry and AU Optronics Corporation in Liquid Crystal Display industry. They mainly adopt “High Risk-High Return” Response. They invest much money positively and profit much. They have played a large role to stimulate Taiwanese economy. And unemployment ratio of these years becomes lower consequently. Though “High Risk-High Return” Response of Taiwanese high-tech companies may involve a risk of losing much money, this has a salutary effect on Taiwanese economy now.“High Risk-High Return” Response can be essential for companies to survive, because it is not easy for companies to gain without much investment in today's fast-moving economy. This means that Japanese companies may have to adopt this “High Risk-High Return” Response to outpace foreign competition.JEL classification : R11, R39, R58

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