Taiwan's economy grew between 2006-2016, led by strong growth in its IT and Distribution & Electronic Commerce clusters. The document analyzes Taiwan's sustaining industry clusters and their employment and revenue growth. It recommends Taiwan re-examine its economic development strategy and leverage cluster initiatives to sustain growth.

1. 2016 Taiwan Cluster Growth
File created on: 7/1/2021 8:48:14 PM
By Janet Tan

2. How is Taiwan doing in a decade (2006-
2016)?
• What are the sustaining clusters for Taiwan?
• Employment and Revenue CAGR 2006-2016
• Importance of visualization of mapping data
• What should be Taiwan’s economic growth strategy?
• What is Taiwan’s cluster iniative?

7. Apparel, 1,78%, 0,60%
Automotive, 8,22%, 1,15%
Biopharmaceuticals, 11,25%, 0,36%
Business Services, 0,00%, 5,18%
Communications Equipment and
Services, 2,54%, 0,62%
Construction Products and
Services, -0,56%, 2,99%
Distribution and Electronic
Commerce, 3,27%, 9,62%
Downstream Chemical Products, -
19,61%, 0,63%
Downstream Metal Products,
6,78%, 0,86%
Education and Knowledge Creation,
0,00%, 1,27%
Environmental Services, 4,70%,
0,31%
Financial Services, 11,87%, 1,06%
Fishing and Fishing Products,
6,82%, 0,07%
Food Processing and
Manufacturing, 0,00%, 1,60%
Footwear, 0,00%, 0,13%
Furniture, 7,09%, 0,34%
Hospitality and Tourism, 2,79%,
2,05%
Information Technology and
Analytical Instruments, 3,40%,
9,07%
Insurance Services, -12,30%, 1,53%
Jewelry and Precious Metals, -
31,16%, 0,13%
Leather and Related Products, -
1,59%, 0,05%
Lighting and Electrical Equipment,
9,63%, 0,87%
Livestock Processing, 4,80%, 0,20%
Marketing, Design, and Publishing,
14,91%, 1,41%
Medical Devices, 0,00%, 0,39%
Metalworking Technology, 0,00%,
1,96%
Nonmetal Mining, -43,91%, 0,04%
Oil and Gas Production and
Transportation, 0,88%, 0,00%
Paper and Packaging, 26,03%,
0,58%
Performing Arts, 0,82%, 0,16%
Plastics, -0,53%, 2,02%
Printing Services, -0,29%, 0,63%
Production Technology and Heavy
Machinery, 2,68%, 2,62%
Recreational and Small Electric
Goods, -2,32%, 1,16%
Textile Manufacturing, 0,00%,
1,24%
Trailers, Motor Homes, and
Appliances, -6,93%, 0,49%
Transportation and Logistics,
3,67%, 2,09%
Upstream Chemical Products,
16,94%, 0,81%
Upstream Metal Manufacturing,
4,60%, 2,45%
Video Production and Distribution,
3,65%, 0,17%
Vulcanized and Fired Materials,
1,29%, 0,93%
Water Transportation, -1,55%,
0,69%
-2,00%
0,00%
2,00%
4,00%
6,00%
8,00%
10,00%
12,00%
-60,00% -50,00% -40,00% -30,00% -20,00% -10,00% 0,00% 10,00% 20,00% 30,00% 40,00%
Employment CAGR (2006-2016)

10. Taiwan has two important clusters – IT &
Distribution & Electronic Commerce
• Taiwan is positioned in a supply chain providing value-added
production services
• Taiwan needs to re-examine its economic development.