Evaluating the Economic Performance of High-Technology Industry and Energy Efficiency: A Case Study of Science Parks in Taiwan
High-technology industries provide opportunities for economic growth, but also raise concerns because of their energy-demanding nature. This paper provides an integrated evaluation of both economic benefits and energy efficiency of high-technology industries based on the real data from one of the globally recognized high-technology industrial clusters, the national science parks in Taiwan. A nation-wide industrial Input-Output Analysis is conducted to demonstrate the positive effects of science parks on national economic developments and industrial upgrades. The concept of energy intensity and an energy-efficient economy index are applied to an integrated assessment of the relationship between economic growth and energy consumption. The proposed case study suggests that economic and energy efficiency objectives can be simultaneously achieved by the development of high-technology industries, while three energy policy implications are considered. First, a nation-wide macro viewpoint is needed and high-technology industries should be considered as parts of the national/regional economies by governmental agencies. Second, a proper industrial clustering mechanism and the shared environmental facilities supported by the government, such as planned land and road usage, electricity and water supply, telecommunications system, sewerage system and wastewater treatments, can improve energy efficiency of high-technology industries. Third, the governmental policies on the taxing and management system in science parks would also direct energy-efficient economy of high-technology industries.
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Hu, Albert Guangzhou, 2007. "Technology parks and regional economic growth in China," Research Policy, Elsevier, vol. 36(1), pages 76-87, February.
- Chien-Hsun Chen & Hui-Tzu Shih, 2005. "High-Tech Industries in China," Books, Edward Elgar Publishing, number 3710.
- Li, Li & Tan, Zhongfu & Wang, Jianhui & Xu, Jun & Cai, Chengkai & Hou, Yong, 2011. "Energy conservation and emission reduction policies for the electric power industry in China," Energy Policy, Elsevier, vol. 39(6), pages 3669-3679, June.
- Tan, Justin, 2006. "Growth of industry clusters and innovation: Lessons from Beijing Zhongguancun Science Park," Journal of Business Venturing, Elsevier, vol. 21(6), pages 827-850, November.
- Koh, Francis C. C. & Koh, Winston T. H. & Tschang, Feichin Ted, 2005. "An analytical framework for science parks and technology districts with an application to Singapore," Journal of Business Venturing, Elsevier, vol. 20(2), pages 217-239, March.
- Amy H. I. Lee & Chun Yu Lin & He-Yau Kang & Wen Hsin Lee, 2012. "An Integrated Performance Evaluation Model for the Photovoltaics Industry," Energies, MDPI, Open Access Journal, vol. 5(4), pages 1-21, April.
- Nishimura, Junichi & Okamuro, Hiroyuki, 2012.
"Subsidy and networking: The effects of direct and indirect support programs of the cluster policy,"
Working Paper Series
22, Center for Interfirm Network, Institute of Economic Research, Hitotsubashi University.
- Nishimura, Junichi & Okamuro, Hiroyuki, 2011. "Subsidy and networking: The effects of direct and indirect support programs of the cluster policy," Research Policy, Elsevier, vol. 40(5), pages 714-727, June.
- Garg, Amit & Maheshwari, Jyoti & Mahapatra, Diptiranjan & Kumar, Satish, 2011. "Economic and environmental implications of demand-side management options," Energy Policy, Elsevier, vol. 39(6), pages 3076-3085, June.
- Yang, Ming, 2006. "Energy efficiency policy impact in India: case study of investment in industrial energy efficiency," Energy Policy, Elsevier, vol. 34(17), pages 3104-3114, November.
- Balachandra, P. & Ravindranath, Darshini & Ravindranath, N.H., 2010. "Energy efficiency in India: Assessing the policy regimes and their impacts," Energy Policy, Elsevier, vol. 38(11), pages 6428-6438, November.
- Thakur, Tripta & Deshmukh, S.G. & Kaushik, S.C., 2006. "Efficiency evaluation of the state owned electric utilities in India," Energy Policy, Elsevier, vol. 34(17), pages 2788-2804, November.
- Yan, Ding & Zhe, Tian & Yong, Wu & Neng, Zhu, 2011. "Achievements and suggestions of heat metering and energy efficiency retrofit for existing residential buildings in northern heating regions of China," Energy Policy, Elsevier, vol. 39(9), pages 4675-4682, September.
When requesting a correction, please mention this item's handle: RePEc:gam:jeners:v:6:y:2013:i:2:p:973-987:d:23587. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (XML Conversion Team)
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 references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link 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 profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.