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Stephen Su, General Director of IEK, was invited to deliver a keynote presentation on “Digital Transformation Opportunities and Challenges for SMEs” at the APEC O2O Summit 2017, held at the InnoVEX Startup Exhibit of Computex Taiwan. In this presentation, Stephen delivered a few key messages:

• New paradigm shifts are taking place under Digital Economy trends.
• Controlling apex of user-centric ecosystems becomes critical to accelerate innovation scale-up.
• New business model in user-centric ecosystems: Wool out in dogs, pigs to pay.
• 4 revolutionary thinking are needed for SMEs under Digital Economy.
• Governments need to have mindset shift to support SME under Digital Economy.
• SMEs in Taiwan account for 98 % of companies and 78% of employees.
• Taiwan government gears to support SME and encourage innovation and entrepreneurship:
• Link to Local: Create innovative products and services sandbox.
• Link to Future: Create commercialization platforms for innovation.
• Link to Global: Explore export opportunities for innovation & entrepreneurship ecosystem.
• 3 goals for Asia ● Silicon Valley Development Agency (ASVDA) on IoT & Entrepreneurship.
• ITRI’s ongoing spin-offs have been fostering many new industry development.
• Taiwan Smart City strategy: Solve Local Problem, Happy City, Healthy Economy.
• SMEs need to be part of global team players to be successful in world markets.

Presentation Outline:

• Future Trends of Industry Development
• Opportunities and Challenges for SMEs
• Directions for Taiwan SME Policy/Strategy
• Conclusion

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