How does the Taiwanese government attrect foreign businesses?4 answersThe Taiwanese government attracts foreign businesses through various strategies. Firstly, Taiwan's economic dynamism and market potential have drawn the attention of foreign franchisors since the 1980s, leading to a significant "franchise boom" in the country. Additionally, Taiwan has become a significant source of foreign direct investment (FDI) in the Asian region, ranking sixth in FDI outflow in Asia in 2007, indicating a favorable environment for foreign businesses. Furthermore, Taiwan's informal practices for intellectual property rights protection have encouraged Taiwanese investments in technology-intensive activities in locations with weaker IPR protection, contrasting with multinational behavior and potentially attracting foreign businesses looking for similar conditions. Overall, Taiwan's economic policies and market dynamics make it an appealing destination for foreign businesses seeking growth opportunities.
What are particularities of Taiwanese strategic alliances?4 answersTaiwanese strategic alliances exhibit distinct characteristics based on the research findings. Taiwanese firms are inclined towards forming horizontal alliances with Western multinational enterprises (MNEs) like HP and IBM to access new markets, share resources, and mitigate risks. These alliances are primarily non-equity type alliances, with large domestic firms engaging in such partnerships. Additionally, Taiwanese companies in the Hsinchu Science-based Industrial Park emphasize the importance of company attitude and actual practices for successful international strategic alliances. Furthermore, Taiwanese partner firms show a particular interest in forming scale (horizontal) alliances with e-business MNEs like IBM and HP, leveraging technology and the OLI model in their alliance activities. These findings highlight the strategic preferences and motivations driving Taiwanese strategic alliances.
What are factors for business cooperation with taiwanese companies?5 answersFactors for business cooperation with Taiwanese companies include innovation ability, business management capacity, government resource utilization, partner selection criteria, and technology absorption capability. Taiwanese companies prioritize enterprise innovation ability, focusing on R&D, personnel quality, and the R&D environment. Partner selection factors for international cooperation include 12 criteria, aligned with global and local market conditions. Taiwanese firms prefer collaborating with supply and demand sides for innovation, rather than external partners. Taiwan's SMEs excel in entrepreneurship by enhancing technical innovations and fostering effective cooperation and sharing. Taiwanese companies cooperate with Chinese research departments due to advanced technology needs and cost considerations, utilizing various models like alliances and market purchases.
Strategic alliances in ports ?5 answersStrategic alliances in ports involve collaboration agreements used by shipping lines to provide worldwide maritime container transport services. These alliances have become the dominant form of collaboration in the industry, accounting for 90% of global container shipping capacity. The formation, management, and optimization of strategic alliances have been extensively studied in the literature, with a focus on the East/West route services organized by the top eight container operators. The literature review provides insights into the current state of research and identifies areas for future investigation. Additionally, studies have shown that ports can strategically react to the increasing bargaining power of shipping alliances by choosing to operate independently or form horizontal or vertical cooperation. The choice of cooperation strategy depends on factors such as the substitutability between shipping lines and the economies of scale of the ports. Vertical cooperation among ports has been found to be beneficial for both local social welfare and overall social welfare.
What is strategic alliance?5 answersA strategic alliance refers to a relationship between two or more organizations that integrate their resources to create high value. It is formed when companies need to quickly enter the global market but lack internal resources, so they seek external resources through alliances to achieve success. Strategic alliances in the shipping industry involve global agreements between linear shipping companies, which have evolved over time to increase operational efficiency and expand service areas. In the fashion industry, strategic alliances can help companies collaborate and benefit from each other's strengths and achieve long-term competitiveness in the market. Iran is also seeking strategic alliances to restore its historical role as a major cargo transportation hub and reduce its reliance on oil and gas exports. Overall, strategic alliances are cooperative partnerships that leverage resources and strengths to achieve mutual benefits and enhance performance in various industries.
What is the taiwan's economic security strategy?5 answersTaiwan's economic security strategy involves integrating more fully into the East Asian economy, pursuing a multilateral trade strategy, and focusing on domestic reforms. By doing so, Taiwan aims to achieve larger economic gains, economic diversification, and avoid the political risks associated with preferential trade deals. Taiwan has had discriminatory trade and investment policies towards China, which have limited economic engagement across the Straits. This has resulted in Taiwan underperforming in attracting foreign direct investment and prevented its full participation in East Asian production networks. The Economic Cooperation Framework Agreement provides an opportunity for Taiwan to integrate more fully into the East Asian economy. However, instead of pursuing preferential trade deals with other countries, Taiwan should focus on domestic reforms that will bring larger economic gains and economic diversification.