Abstract

Taiwan, in spite of its limited land and natural resources, has achieved remarkable economic growth during the past four decades. Taiwan's gross domestic product (GDP) has grown 40 times and its industrial production has increased 87 times. The Industrial Technology Research Institute of Taiwan (ITRI) has played important roles in transferring applied technologies to industry. This diffusion of technologies, along with the government's efforts toward industrialization, has helped create a strong national economy in Taiwan.

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