ITRI’s successes have been based, above all, on the excellence of its scientists, engineers and managers. Originally ITRI was able to draw upon a large number of U.S.-educated Taiwanese with relevant work experience in multinational corporations. Today it increasingly recruits graduates from domestic universities with strong and improving programs in engineering and the sciences. The competitiveness of the industries in the Hsinchu technology cluster “derives from the availability of a significant pool of well-trained workers and technical and managerial personnel [from ITRI and Hsinchu’s two science-based universities] who now stand in comparison with the concentration s of talent in other [global] R&D intensive locations.”196 Business Week terms this pool “one of the deepest reserves of high tech talent in the world.”197 Its existence reflects decades of public investment in education, both in promotion of study abroad and in upgrading the domestic educational infrastructure.198
196Mathews and Hu, “Enhancing the Role of Universities,” (2007) op. cit. p. 1006.
197“Why Taiwan Matters,” Business Week (May 16, 2005).
198Soren Eriksson, “Innovation Policies in South Korea and Taiwan,” Vinnova Analysis Va 2005:03 (2005) p. 31.