Despondency is giving way to visions of Taiwan as a centre of research and development (R&D), "knowledge-based" industries based on the exploitation of ideas, logistics and financial services, and globally recognised brands.BenQ is among the first of Taiwan's big ODM firms (its turnover in 2003 was $3.2 billion) to try building a brand.
Nowadays, most of the emerging industries are high-tech ones, while traditional industries based on fundamental research often lag behind.
Industries based on knowledge, the argument goes, are especially prone to increasing returns, and hence to monopoly.
Industries based on military contracting, personal computing and electronic commerce have thrived and then were followed by a period of contraction.
At the same time the General aimed to concentrate the French public's imagination on the development of France's new technical centers & on her industries based on scientific research.
Industries based on nanotechnology are a rapidly growing niche in the economy of the Czech Republic, which, although small, is widely respected for its technical prowess.
During the period of Pakistani administration (1947 71), priority was given to industries based on indigenous raw materials such as jute, cotton, hides, and skins.
Taiwan's strengths and weaknesses in pursuing broader innovation echo the challenges of many countries that, for varying reasons, seek to foster the growth of industries based on creativity.
Wheat flour is also produced in the silo areas for local consumption, and food industries based on wheat flour and pastas have developed at the same sites.
