Stephen Su, General Director of IEK, was invited to deliver a presentation on “Digital Transformation Opportunities and Challenges for Taiwan” at the 18th International Conference on Industrial Technology Innovation (ICITI, 2017) about “Industry and Innovation Policy In the Era of Digital Transformation.” In this presentation, Stephen shared a few key messages:
New trends in the Digital Economy: Adjacencies, Asset Efficiency, Frenemies, Bimodal, Platform Business, Algorithm Intelligence, etc.
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.
Taiwan Manufacturing Industry Portfolio should focus on maximizing capital investment for higher value-add.
From “Manufacturing” to “Infofacturing”
Goals for Asia ● Silicon Valley Development Agency (ASVDA) on IoT & Entrepreneurship.
Taiwan Smart City strategy: Solve Local Problem, Happy City, Healthy Economy.
Artificial Intelligence (AI) as “X factor” to Enable Digital Transformation for Taiwan.
Taiwan needs to be part of global team, only US can feature an entire team by itself.