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FinTech Boosts Momentum to Start a Business
Jul 13, 2017
FinTech Boosts Momentum to Start a Business
By Lo,Chih-Shan/Institute for Information Industry
Faced with the impact brought about by emerging financial technology, powerfully unconventional and innovative characteristics are embedded in the development of the operational model, products, process flow, and application system for the financial service sector. This also further intensifies the collaboration between traditional financial institutions and financial technology providers. The core values of and opportunities brought about by the financial technology lie mainly in effectively reduced cost and efficient quality service, which are conducive to enhanced operational capability of financial institutions while the cost structure is significantly downsized. Taipei, being the political and economic center in Taiwan and a city that lies at the core of the Asia Pacific Region, owns abundant quality technology talent and innovative R&D momentum. While the world is proactively deploying and promoting an innovative approach to business, the innovative sector featuring FinTech mainly targets software systems and innovative service. The latter will be advantageous niche for Taipei while it tries to reach out to the Asia Pacific market.
Unpacking Big Data to Start New Business Opportunities
Jul 13, 2017
Unpacking Big Data to Start New Business Opportunities
By LO,CHIH-SHAN/Institute for Information Industry
Nearly all industrial developments rely on the Internet nowadays. By utilizing big data analysis technology, one can more quickly produce diversified data in real time. In other words, for core managers in an enterprise or venture team, they need data-driven strategic thinking. While entrepreneurs are thinking about where to start their business, if they can consider first the deployment of data assets of the business and then what kind of commercial pattern and market value the data can be transformed into and what kind of innovative service to be designed, the data-driven business will be sustainable.
Start a Business Now to Strengthen International Bond
Jul 12, 2017
Start a Business Now to Strengthen International Bond
By Huang Nuan-yun/TIER
For a startup team, it definitely helps boost operating capital, connections and required technology in the industry and the market share by being able to establish presence in an internationally famous accelerator or to taking part in international entrepreneurship competition where they can exchange experiences and share stories with other elites from around the world. The Taipei City Government’s Department of Economic Development has launched” Taipei City Government Start-up Programs for Subsidy entrepreneurial team abroad” to encourage startup teams to broaden their international horizon, strengthen their connections with the world in terms of funding, talent, and technology.Venture teams with potential that are registered in Taipei are sponsored while they try to establish presence in international accelerators, take part in international venture events, or incubation center development plans.
From Starting a Business to Creating a Brand, Comprehensive Business Subsidies are Available
Jun 19, 2017
From Starting a Business to Creating a Brand, Comprehensive Business Subsidies are Available
By Huang Nuan-yun/TIER
There are various business starting patterns either taking shape or transforming throughout the world as a result of different development conditions such as the financial environment, infrastructure, penetration rate of mobile devices, and attitude of the supervisory authority. ICE Technology applied for the “Taipei Industrial Development Incentive Program” in 2012 and received the subsidies for its “innovative platform that helps with smart decision making in financial transactions”. The platform combines real-time message transmission technology and financial transaction service in one, and assists investors in assessing their investment while deciding on the cost in order to minimize transaction risk. ADTC applied for the “Taipei Industrial Development Incentive Program” in 2015 and its focus was on the subsidies for labor and salaries in order to realize popularity of mobile payments and their advanced application and to provide consumers with more diversified service, spearheading the rapid development and industrial upgrade of mobile payment in Taiwan.
You Know at Once Where to Go in Taipei to Start a Business
Jun 19, 2017
You Know at Once Where to Go in Taipei to Start a Business
By Huang Nuan-yun/TIER
Encouraging youth to start their own business is one of the priorities of the Taipei City Government in its administration for the future. There is one-stop venture service available as part of the venture cluster that the government tries to create to proactively integrate and manage existing spaces pending utilization throughout Taipei and continue integrating central or private incubation centers or shared workspaces while planning a venture exchange platform for business starters. The venue and public equipment at the innovation base are at their disposal. The hope is to build Taipei into a city friendly for young people wishing to start their own business and fulfill their dream. The “StartUP@Taipei” statistics show that there are 26 incubation centers, 32 investment institutes, 29 shared workspaces, and 11 maker spaces available at present at the venture base in Taipei, including Taipei Co-Space, Garage+, Custard Cream, and Changee workspace . The hope is that through each venture space proactively created to help realize dreams business starters can find one another more easily.
Taipei Leads in Asia Pacific with Competitive In-depth Travel
Jun 18, 2017
Taipei Leads in Asia Pacific with Competitive In-depth Travel
By Feng,Ling-hui/TIER
MasterCard Worldwide released the “Asia Pacific Destinations Index 2015” in February 2016. Taipei ranked 11th with 6.4 million tourists. By the mean length of stay of international tourists, it was 6.6 days in Taipei, second only to 9.1 days in Bali, securing second place in the Asia Pacific Region and demonstrating that the abundant and diversified tourism resources in Taipei successfully attract tourists to stay longer for an in-depth visit. As far as the amount of money international tourists spend, Taipei ranked 7th, with the annual total amount of money spent by visitors reaching USD 9.5 billion and it was named by MasterCard to be one of the benchmark cities for tourist dollars.
Promising Future for Taipei with Strong Economic Growth Potential
Jun 18, 2017
Promising Future for Taipei with Strong Economic Growth Potential
By Editor of Taipeiecon/TIER
According to the latest “Asia-Pacific Cities of the Future 2015/16” released by fDi Intelligence under the Financial Times, Taipei secured 3rd place in the final ranking and broke its own record by defeating another 3 competitors as compared to the previous year. Taipei also won the 2nd and 4th places in terms of economic growth potential and friendly business environment. In addition, up to 24,280 patents were registered between 2010 and 2014, pushing Taipei to become the 3rd highest city of all in the survey. Innovative talent has been proactively coming to Taiwan around the world. As far as the population is concerned, Taipei is a medium-sized city with 2.5 to 5 million residents but tops the list of counterparts in terms of the overall ranking, its economic growth potential and friendly business environment. All the strengths make Taipei an optimal destination for quite a few investors.
Creative City’s Competitiveness Leads Taipei City to Grow Steadily
Jul 14, 2017
Creative City’s Competitiveness Leads Taipei City to Grow Steadily
By Feng,Ling-hui/TIER
In the “Innovative Cities Index” released by 2Thinknow on December 2015, Taipei City ranked higher and higher annually since it became one of the Top 100 cities in 2011. In 2015, Taipei rose to the 52th from the 87th slot last year and was nominated as the fastest city with an upgrade by 2Thinkknow. Although the average score is 49 to rank as a first level hub city, Taipei took the lead in the 5th place within its level. It failed the competition for the 1st level core city by just 1 point. On the other hand, if carefully observed among the Asia cities, Taipei City ranked the 9th, which is the top city in the ranking of hub cities. Its competitive potential is worthy of expectations.
Emerging World City with New Perspectives to Focus on Developing the Strength in Taipei City
Jul 14, 2017
Emerging World City with New Perspectives to Focus on Developing the Strength in Taipei City
By Feng,Ling-hui/TIER
LL released a report on “Globalization and Competition: The New World of Cities” on November 2015. Taipei City ranked the fifth among the emerging world cities together with other emerging cities like Kuala Lumpur and Istanbul. Taipei has entered into the critical period for globalization. It is not only a critical port of call for all major markets around the world, but also keeps the capability for critical decision-making. Taipei benefits from its particular strategic location and dynamic labor market. Its high performance of investment and impressive infrastructure are the main supportive forces for highly developed cities. In terms of the three key indices, Taipei City ranked the first in public infrastructure, and took the second place in high education level and the seventh in creative R&D capability. The review said people voted it as a “highly-competitive city”.
E-Sport Upgraded Help City Add Value and Transform
Jul 14, 2017
E-Sport Upgraded  Help City Add Value and Transform
By Lin,Yu-ying/Taiwan Cyber Athlete Association
The elevated global network infrastructure has changed everyone’s life. E-Sport originated as a by-product resulting in game promotion. Game developers and operators mainly focus on the game directed at a player-to-player competition mechanism to hold the tournament, to increase adhesiveness, and to attract new players. Since the game has great influence on the economy, culture and society, the e-Sport industry has gradually become one of the internationally recognized sports competitions as well. Some countries even recognize an e-Sport player to be an athlete, which shows an obvious fact that e-Sport can be a hub to connect with other related industries. The core demand lies in keeping the player’s international competitiveness and remaining steady in professional tournaments. Some suggest that government units should be active and keep on promoting e-Sport related activities in the future. Consequently, this industry can keep its advantage and competitiveness in the trend of digital global entertainment.
Total 10 Pages  , Go to page  
Indicators
Taiwan
Taipei
Competitiveness Index
Finance & Economic
Travel & Life
Integrated Index
Categories
Startup
Garden City
Business Districts
Smart City
e-Sport
Digital Economy
Social Enterprise
Sport
Taipei 2017 Universiade
Editors ' Picks
Business Revitalization and Industry Relief Measures
Taipei City Forges Ahead with the Initiation of 5G Test Fields
2019 Taipei International Design Award “Design Taipei; Dream Taipei” – Key Design Concepts
Major Reconstruction of Taipei’s Markets - Breathing New Life into Old Markets
Promotion of Circular Economy Concepts and Creation of an Energy-Efficient Green City
Taipei tops InterNations Expat Insider City Ranking
Showcasing Smart Applications: A New Look for Technology
Top 100 City Destinations: Taipei City Wins Visitors’ Hearts
Resources
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