23 October 2018 - 15 Heshvan 5779 - ט"ו חשון ה' אלפים תשע"ט
Taiwan legislator aims to boost high-tech platform with Israel E-mail

Taiwan Legislator Hsu Yujen spearheaded the recent launch of the Taiwan Israel Innovation Platform, aiming to boost high-tech exchanges between the two nations. On a governmental level, Israel’s Economic and Cultural Office in Taipei is also assisting with the initiative.

Hsu came up with the idea of the platform after his trip to Israel last year. The platform could help promote exchanges between the two countries’ private, public and academic sectors on several fronts, including information security, water-related infrastructure, agricultural technologies, augmented and virtual reality applications, selfdriving cars and artificial intelligence, Hsu explained. The platform could also help Israeli companies find Taiwanese firms for merger or acquisition opportunities.

Hsu added that he hopes Israeli incubators would invite Taiwanese firms to set up their own incubators in Israel, so that Taiwanese innovative startups have more chances to meet Israeli investors.

The lawmaker said he plans to take two delegations of Taiwanese businesspeople or students to Israel every year to explore and exchange innovative ideas.

Citing the Global Innovation Index, Hsu said that Israel has supplanted the US, Denmark and Sweden to become the global leader in terms of the density of researchers, gross expenditure on research and development, and the number of innovation linkages.

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