A long-term perspective on the Taiwanese economy

[OysterOmelet]

@QuaSaShao

@Whatevah

To say Taiwan’s has only one competitive advantage is a gross misrepresentation.

What other real competitive advantages does Taiwan industry have? I’ve lived and/or worked here since the mid-90’s and haven’t seen any other significant industry-wide advantages.

Here are Taiwan’s competitive advantages:

1. Taiwan has a lot of engineering Talent
2. Taiwan has a lot strong b2b companies
3. Taiwan has pretty decent research institutions
4. Taiwanese are well educated and many have studied abroad at good universities
5. Taiwanese do well when they go abroad. So many Taiwanese leading in Shanghai, San Francisco etc And also leading creatively
6. Taiwan has a lot of money. It does and Taiwanese have a lot of money

Peloton (PTON) - made in Taiwan

These are all nebulous ideas. The government does push on the startup stuff, they have opened umpteen accelerators and funds and taken people to CES and blah blah blah. Lots of people making a pretty penny off the fact that Taiwan has a lot of engineering talent but not many successful startups. I think its getting better, but you need wholesale cultural changes. Its not something you can just click your finger and create. Too many people thinking can just replicate Silicon Valley culture in Ta…