Technological innovation system of university-industry cooperation and technology transfer of emerging economies: Case study of Taiwan´s experience

In the 21st century, technological innovation is an essential factor for an enhanced competitive edge for industries within the knowledge-based economic system. As Asia is a new economic power in the world, Taiwan has experiences to develop its own approach to become the newly industrial country and be called ldquoThe Taiwan economic miraclerdquo since 80´s, these experiences should have some means for the other emerging economies. For example, Taiwan has good University-industry cooperation and technology transfer experiences that are effective approaches for promotion of technological innovation and shift from manufacturing to services industry. Taiwan established a good university-industry cooperation and technology transfer system in the last century. It enabled cutting-edge knowledge-based technology diffusion in the industries by way of technology transfer, thus creating successful economic development and become the fundamental of Taiwan´s ldquoeconomic miraclerdquo. This article is designed to introduce Taiwan´s practical approaches and improvement measures while implementing university-industry cooperation and technology transfer and explain Taiwan´s experience in university-industry cooperation and technology transfer.