Taiwan’s Public-Private Partnerships for Innovation & Entrepreneurship Yuh-Jzer Joung, Director General Science & Technology Policy Research and Information Center (STPI) National Applied Research Laboratories

Science & Technology Policy Research and Information Center (1974- ) 1 the main government think-tank for science and technology policy 180 researchers & staff US$14M annual budget Headquarters of 4 national projects for inno. & entrepreneurship

Source: IMF World Economic Outlook Database(2015) World Economic Outlook Database October 2015, Statistical Date: October 06, ’s1970’s1980’s1990’s2000’s2010’s Labor intensive Light industries Heavy industries Capital intensive Technology intensive Knowledge intensive Innovation driven US$ 47,407 (2015)* 11.7X in 35 yrs US$ 4,056 (1980) GDP per capita (adjusted by PPP * ) *: Adjusted by Purchasing Power Parity (PPP) for proper country comparison. Taiwan’s nominal GDP per capita in 2015 is US$ 22, Shifting to Innovation Driven since 2010… Taiwan’s Industrial Development

University ResearchIndustrial Technology Research Curiosity about unknown Usage-Driven Manufacturability Market Size Profitability … University vs. Industry 3

University /Research Institute Industry You are too academic! Closing the Technology Gap 4

Basic Research Applied Research Technology Development Commerciali- zation Universities Talent Funding Regulations Infrastructure Policy & Tools for S&T Industries National Innovation System International Cooperation International Cooperation Research Institutes Academia Sinica, Nat’l Labs Academia Sinica, Nat’l Labs National Vision Incubation 5

University/ Research Institute Industry Government Government Policy and Environment Public-Private Partnership

Incubating New Ventures From 0 to 1: Translating academic discoveries to startups From 1 to 100: Acceleration and growing.

Stanford-Taiwan Biomedical Fellowship Program To select fellows in the biomedical area with entrepreneurship to Stanford University for a one-year training to help them realize their ideas (2008~) 33 fellows finished STB training with 10 startups established.

Government SPARK Office Regional Anchor Universities Teams/Projects Northern Area Central Area Southern Area Industry Panel Experts, VC s To provide education and mentorship necessary to assist pharmaceutical and medical device research teams to advance their research discoveries from the bench to the bedside (2012~) SPARK Taiwan 71 teams/projects pharmaceutical 30% Medical Devices 70% Over 270 SPARKees

Branding Taiwan Biotech (2011~) Supra Integration and Incubation Center Connecting to the value chainIdentifying projects with potential Securing biomedical talent Building up biomedical ecosystem

Germination Program 8 Germination centers 70 Total Sponsored Cases 16 Start-up Companies To translate technological breakthrough researches in universities into fundable startups (2011~)

From IP to IPO (FITI) To encourage researchers/students to venture their ideas by providing them with business development training, mentorships, and seed money (2013~) Industry Sponsors Mentorship Prototype Assistance Call for Proposal Startups: 71 Camps and training courses

To establish a brand new startup cluster in downtown Taipei with international partners (2015~) Taiwan Startup Stadium

Rapid Innovation Prototyping League (TRIPLE) To provide prototyping/production matchmaking services for startups (2015~) 328 members Large Enterprises (20%) S&M Enterprises (74%) R&D Organization (6%)

To select startup teams to well-known accelerators in SV and to connect to the global market (2015~) Center for Innovation/Entrepreneurship (TIEC) Partners ─ Founder Space, Plug & Play, CoinX, Wearable World Labs ─ WI Harper, SVT Angels, H&Q Asia PAcific 26 teams selected (2015)

Taiwan Ranked 6th at GEI

Thank You Very Much! 17