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Global technology collaboration drives innovation: Taiwan plays the pivot role for industrial upgrading at Taiwan Innotech Expo 2024

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Liang-Tung Chen, Deputy Director of the Industrial Development Administration, MOEA Credit: ITRI

In the era of globalization and digital change, working together across different fields of technology has become a key factor in driving innovation and growth in the industry. Emerging technologies such as generative AI, 5G/6G, industrial IoT, and precision medicine are accelerating industry upgrades and reshaping global supply chains and market dynamics.

To facilitate more collaboration and innovation, the Industrial Development Administration of the Ministry of Economic Affairs hosted the 2024 Global Technology Matchmaking Event on October 18, during the Taiwan Innotech Expo (TIE). With the theme 'Collaborate to Innovate,' the event gathered experts from Canada, Japan, Korea, Thailand, Indonesia, Singapore, and Laos for technology exchanges and business negotiations, exploring the opportunities for cross-disciplinary cooperation.

Toshihiro Kishihara, the founder of an accelerator, Startup GoGo / GxPartner from Japan, shared his successful experiences promoting technology matchmaking in Fukuoka in a keynote speech. Startup GoGo hosts a large-scale event every year, to connect local Fukuoka businesses with the global market, foster collaboration, and drive innovations. Startup GoGo's partners include major companies across various sectors, such as Nishi-Nippon Railroad, Fukuoka Bank, QTnet, Kyushu Electric Power, and Fukuoka Financial Group. They're expecting to establish deep cooperative relationships with Taiwanese companies in the future.

In the panel discussion section, Wei-Lin Wang, Chief Strategy Officer of the Technology Transfer and Law Center at the Industrial Technology Research Institute (ITRI), served as the moderator. Panelists were experts from Southeast Asia, representing various sectors including industry, government, academia, and research, with expertise in finance, venture capital, technological innovation, and energy. Focused on "Enhancing Business Value through Cross-Domain Technology Collaboration and Commercialization," they engaged in an in-depth discussion.

Yasuhisa Yamaguchi, Executive Vice President of FG Venture Business Partners, Ltd., shared the critical role of venture capital in driving technology commercialization and discussed how cross-border collaboration can enhance corporate value. Clarence Tan, Founder & CEO of Origgin Ventures Pte. Ltd., emphasized the benefits of international technology collaboration for the growth of startups. Sansanee Huabsomboon, Deputy Executive Director of Thailand's National Nanotechnology Center (NANOTEC), highlighted how the government encourages industrial upgrades and cross-disciplinary collaboration through policy and resource integration. Akbar Yudha Putera, Vice President of Information Technology at PT Pertamina Hulu Energi, provided insights from the energy sector, sharing how the industry is creating new business opportunities through cross-disciplinary technology collaboration in response to global climate change and sustainability needs.

In the technology pitches and matchmaking segment of the event, teams from various countries showcased their latest cutting-edge technologies, including ECUTEC and FleXARs from Thailand, Quinas Technology from the UK, Newsight Imaging from Israel, LEOTEK from Taiwan, Ookuma Diamond Device and nextEDGE from Japan, CORMETECH and Polaris Electro-Optics from the US, and LAMMC from Lithuania. The presentations of their achievements attracted significant interest from major domestic corporations and venture capital firms and brought treasure opportunities for cross-disciplinary collaboration and technology commercialization.

Technological innovation has emerged as a key driver of cross-industry collaboration in the rapidly evolving global market. This event served as a vital platform for international connections, highlighting Taiwan's pivotal role and influence on the global stage.

Credit: ITRI

Credit: ITRI