Hsinchu Science and Industrial Park (Chinese: 新竹科學工業園區) is an industrial park established by the government of the Republic of China (Taiwan) on December 15, 1980. It straddles Hsinchu City and Hsinchu County on the island of Taiwan.
Hsinchu Science and Industrial Park was founded by Kwoh-Ting Li, former Finance Minister of Republic of China. Inspired by Silicon Valley in the United States, Li consulted Frederick Terman, on how Taiwan could follow its example. From there, Li convinced talents who had gone abroad to build companies in this new Silicon Valley in Taiwan. Among those who returned is Morris Chang, who later leads the Industrial Technology Research Institute (ITRI) and founded the TSMC. Li also introduced the concept of venture capital to the country in the effort to attract funds to finance the startups in the science part.
Read more about Hsinchu Science And Industrial Park: Overview, Major Companies Located in The Park
Famous quotes containing the words science, industrial and/or park:
“The knowledge of an unlearned man is living and luxuriant like a forest, but covered with mosses and lichens and for the most part inaccessible and going to waste; the knowledge of the man of science is like timber collected in yards for public works, which still supports a green sprout here and there, but even this is liable to dry rot.”
—Henry David Thoreau (1817–1862)
“I am convinced that ... we have reestablished confidence. Wages should remain stable. A very large degree of industrial unemployment and suffering which would otherwise have occurred has been prevented.”
—Herbert Hoover (1874–1964)
“The label of liberalism is hardly a sentence to public igominy: otherwise Bruce Springsteen would still be rehabilitating used Cadillacs in Asbury Park and Jane Fonda, for all we know, would be just another overweight housewife.”
—Barbara Ehrenreich (b. 1941)