IDEAS home Printed from https://ideas.repec.org/h/tkp/tiim13/s1_157-170.html
   My bibliography  Save this book chapter

An Investigation of Key Successful Factors of Biotechnological Industry Performance in Taiwan

Author

Listed:
  • Shang-Yung Yen

    (Feng Chia University, Taiwan)

  • Shu-Mei Tang

    (Asia University, Taiwan)

  • Wei-Chih Wu

    (Feng Chia University, Taiwan)

Abstract

The ever-prospering development of information and communication technology (ICT) in recent years has changed how people conduct communication and their commercial behaviors. A large number of industries, such as semi-conductor and biotech sectors, find themselves in a high-velocity environment, wherein the market demands, peer rivals, and technologies are in a constant change, industrial structure and boundary are becoming blurred and intensively competitive. To survive in such a rapidly changing and highly competitive environment, all industries begin to map out winning strategies as their top priority. Taking biotech industry as an example, and by reviewing of related literature, analysis on the current industrial status, and through analytic hierarchy process (AHP), this paper intends to draw out the key elements that have the most impact on the success of operational performance on biotech industry in Taiwan, and shall conduct further interpretation of the correlation between these elements and the decision-making process. Since the traditional Chinese medicine is a valuable traditional knowledge and has an advantageous position of biotech industry in Taiwan. This paper is also intended to look into the difficult problems and choke points that the TCM met in industries, officials and academic circles in the past, and analyze the present information of them for the purpose of offering these issues with more appropriate suggestions to Taiwan government. In the past years, the learning studies of Chinese medicine have accumulated a number of research results, but such results are unable to be applied effectively to and become one of important industries in Taiwan.

Suggested Citation

  • Shang-Yung Yen & Shu-Mei Tang & Wei-Chih Wu, 2013. "An Investigation of Key Successful Factors of Biotechnological Industry Performance in Taiwan," Diversity, Technology, and Innovation for Operational Competitiveness: Proceedings of the 2013 International Conference on Technology Innovation and Industrial Management,, ToKnowPress.
    • Handle: RePEc:tkp:tiim13:s1_157-170
    as

    Download full text from publisher

    File URL: http://www.toknowpress.net/ISBN/978-961-6914-07-9/papers/S1_157-170.pdf
    File Function: full text
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Fatemeh Zahedi, 1986. "The Analytic Hierarchy Process---A Survey of the Method and its Applications," Interfaces, INFORMS, vol. 16(4), pages 96-108, August.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Banai, Reza, 2010. "Evaluation of land use-transportation systems with the Analytic Network Process," The Journal of Transport and Land Use, Center for Transportation Studies, University of Minnesota, vol. 3(1), pages 85-112.
    2. Thomas L. Saaty, 2013. "The Modern Science of Multicriteria Decision Making and Its Practical Applications: The AHP/ANP Approach," Operations Research, INFORMS, vol. 61(5), pages 1101-1118, October.
    3. Chetan A. Jhaveri & Jitendra M. Nenavani, 2020. "Evaluation of eTail Services Quality: AHP Approach," Vision, , vol. 24(3), pages 310-319, September.
    4. Xinyao Li & Lingzhi Wang & Bryan Pijanowski & Lingpeng Pan & Hichem Omrani & Anqi Liang & Yi Qu, 2022. "The Spatio-Temporal Pattern and Transition Mode of Recessive Cultivated Land Use Morphology in the Huaibei Region of the Jiangsu Province," Land, MDPI, vol. 11(11), pages 1-16, November.
    5. Andre Bender & Allan Din & Philippe Favarger & Martin Hoesli & Janne Laakso, 1997. "An Analysis of Perceptions Concerning the Environmental Quality of Housing in Geneva," Urban Studies, Urban Studies Journal Limited, vol. 34(3), pages 503-513, March.
    6. Karnes, Carol L. & Sridharan, Sri V & Kanet, John J., 1995. "Measuring quality from the consumer's perspective: A methodology and its application," International Journal of Production Economics, Elsevier, vol. 39(3), pages 215-225, May.
    7. Cristina López & Rocío Ruíz-Benítez & Carmen Vargas-Machuca, 2019. "On the Environmental and Social Sustainability of Technological Innovations in Urban Bus Transport: The EU Case," Sustainability, MDPI, vol. 11(5), pages 1-22, March.
    8. Mustafa Dinc, 2015. "Introduction to Regional Economic Development," Books, Edward Elgar Publishing, number 16749.
    9. Stanislav Shmelev & Harrison Roger Brook, 2021. "Macro Sustainability across Countries: Key Sector Environmentally Extended Input-Output Analysis," Sustainability, MDPI, vol. 13(21), pages 1-46, October.
    10. Ormerod, Richard J. & Ulrich, Werner, 2013. "Operational research and ethics: A literature review," European Journal of Operational Research, Elsevier, vol. 228(2), pages 291-307.
    11. Zeki Ayağ, 2016. "An integrated approach to concept evaluation in a new product development," Journal of Intelligent Manufacturing, Springer, vol. 27(5), pages 991-1005, October.
    12. Hartvigsen, David, 2005. "Representing the strengths and directions of pairwise comparisons," European Journal of Operational Research, Elsevier, vol. 163(2), pages 357-369, June.
    13. S. Lipovetsky, 2009. "Global Priority Estimation in Multiperson Decision Making," Journal of Optimization Theory and Applications, Springer, vol. 140(1), pages 77-91, January.
    14. Mohamed Hanine & Omar Boutkhoum & Tarik Agouti & Abdessadek Tikniouine, 2017. "A new integrated methodology using modified Delphi-fuzzy AHP-PROMETHEE for Geospatial Business Intelligence selection," Information Systems and e-Business Management, Springer, vol. 15(4), pages 897-925, November.
    15. Chun, Young H. & Sumichrast, Robert T., 2006. "A rank-based approach to the sequential selection and assignment problem," European Journal of Operational Research, Elsevier, vol. 174(2), pages 1338-1344, October.
    16. Vincent F. Yu & Hsiu-I Ting, 2009. "Identifying key factors affecting consumers' choice of wealth management services: an AHP approach," The Service Industries Journal, Taylor & Francis Journals, vol. 31(6), pages 929-939, May.
    17. Faiza Haseeb & Shahzad Khan & Sajid Khan & Arif Alam & Ikram Shah, 2020. "Role of Peace Education in Sustainability and Development of Pakistan," International Journal of Economics and Financial Issues, Econjournals, vol. 10(5), pages 317-326.
    18. Rosenbloom, E. S., 1997. "A probabilistic interpretation of the final rankings in AHP," European Journal of Operational Research, Elsevier, vol. 96(2), pages 371-378, January.
    19. R. Jothi Basu & Nachiappan Subramanian & Angappa Gunasekaran & P. L. K. Palaniappan, 2017. "Influence of non-price and environmental sustainability factors on truckload procurement process," Annals of Operations Research, Springer, vol. 250(2), pages 363-388, March.
    20. Hak Chun, Young, 1996. "Selecting the best choice in the weighted secretary problem," European Journal of Operational Research, Elsevier, vol. 92(1), pages 135-147, July.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:tkp:tiim13:s1_157-170. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Maks Jezovnik (email available below). General contact details of provider: http://www.toknowpress.net/conferences .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.