The Future of Digital Economy Forum PMI.it is not a simple one. In the year 2021 the world will be more connected than ever with the use of “smart” technology, automobiles will be self-propelled and flying cars will be commonplace. Additionally, the use of the internet for business is now at an all-time high. With such things as social media, apps, IPods, and other technologies that allow people to connect, share, and work together it is easy to see how the future of the digital economy is shaping up.
The New Economy and Digital Economy Forum in Taiwan are working with a wide range of companies, governments, and individuals in order to develop new ways to increase Taiwan’s economy. One such project involves the development of a new economic development model that would allow the private sector to participate in public infrastructure projects. This initiative has been developed by the newly formed Association of Taiwan Research and Development. The hope is to apply the model to the creation of new ways to generate revenue and jobs.
Another member of the Digital Economy Forum in Taiwan is the newly formed Taiwanese Prime Minister Taiwan S. Tsai. The two governments have created a platform through which they can engage in dialogue on how to better serve their citizens. They also hope to create a community of innovators in Taiwan. Recently the two countries reached a consensus on certain issues surrounding digital economy. One of those issues included the role of startups in improving Taiwan’s economy. Through this venture the two governments hope to establish a system for supporting small startups in Taiwan.
The Taiwanese government is also eager to work with companies from around the world to make Taiwan a leader in the transformation of the economy. Last month the head of the Ministry of Finance proposed a four-year plan that would provide a significant amount of assistance to startups in Taiwan. In his speech the prime minister stated that the move would strengthen Taiwan’s economic standing and create better conditions for the Taiwanese people. This plan will also create opportunities for foreign companies to utilize Taiwan as a place to develop their businesses.
Last month another interesting initiative was announced. This four-year plan is designed to help Taiwan reach the goal of becoming a world leader in the field of digital economy. Under this new deal with the Taiwanese government will work with a global think tank to assist it with developing its startup. This will provide financial resources to the think tank in the form of access to incubators and mentors. Also under the new deal the Taiwanese will be able to increase the size of the incubators and mentors it has available. This will greatly improve the ability of the startup to compete in the international market.
Taiwan is working hard to realize its transformational goals. Last year the government announced the formation of the Digital Economy Forum to bring together business leaders from around the world to share ideas. This forum is a first step in Taiwan’s effort to increase the level of innovation. I hope that this report on the future of Taiwan can be used as a guide to help other governments with their attempts to transform their societies and economies for the better.