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President Ma Ying-jeou has identified a draft bill to promote industrial innovation as a major strategy in the effort to develop Taiwan into a global innovation center, an Asia-Pacific trade and economic hub, and the operational headquarters of international enterprises.

In his meeting with Premier Wu Deh-yih on Feb.6, Ma gave a directive for an all-out effort to be made to pass the bill, which failed to clear the legislative floor before the last session closed at the end of 2009.

The following are excerpts from local media coverage of the issue: United Daily News: President Ma has said that the provisions of the draft statute should just benefit large enterprises.

The day after a meeting with the president, Premier Wu said the bill, which is meant to fill the void left by the invalidated Statute for Upgrading Industry, will also include provisions for small and medium-sized enterprises (SMEs) and traditional industries.

To read the full, original article click on this link: Talk of the day -- Innovation bill will benefit SMEs - Taiwan News Online

Author: Elizabeth Hsu