Taipei, Jan. 25 (CNA) The government has decided to launch an "innovation voucher" program to encourage small- and medium-sized enterprises (SMEs) to develop new technologies and products in collaboration with research organizations, an official said Monday.
"If all goes smoothly, the program might be put into practice after the Chinese Lunar New Year holiday at the earliest, " said Lai Shan-kuei, director of the Small and Medium Enterprise (SME) Administration under the Ministry of Economic Affairs (MOEA).
The program is patterned upon similar incentive projects adopted in the Netherlands, Singapore and the United States in an effort to help SMEs adapt and upgrade to survive in the ever-more competitive global market, Lai said.
To read the full, original article click on this link: Taiwan plans to issue `innovation vouchers' to boost R&D efforts - CNA ENGLISH NEWS
Author: Sofia Wu
