An experimental policy-making project for promoting emerging industries: A case study of the “Vision 2025 project” in Taiwan

As industrial policies play an increasingly critical role in national competitiveness, many nations follow the concept of traditional strategic planning, by external environmental scanning, forecasting and the competitive advantage analysis. After deciding promising industries, with export-led, the government then invests sufficient resources to support related actors to foster the development of several domains. Consider, for example, Taiwan is well positioned to expand in the development of information and communication technologies (ICT) industries as the planning model. However, when faced with rapidly changing and unpredictable future, this model may result in resource rigidity. For promoting emerging industries, many researchers state that the demand-driven innovation policy is more effective because of the new technological structure could be generated by constructing an innovative ecosystem which as a way of setting vision more explicit, has concerned with interactions among different players. As a result, this study introduces the project of "Vision 2025", which is the first experimental policy formulation project in Taiwan. We identify four major stages for vision-setting, and further propose digital storytelling should be adopted at the beginning to provide an interaction schema.