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Evaluating the Economic Performance of High-Technology Industry and Energy Efficiency: A Case Study of Science Parks in Taiwan

Listed author(s):
  • Min-Ren Yan


    (Department of International Business Administration, Chinese Culture University (SCE), No. 231, Sec. 2, Jian-guo S. R., Da-an Dist., 106 Taipei City, Taiwan)

  • Kuo-Ming Chien


    (Science and Technology Policy Research and Information Center, National Applied Research Laboratories, Taiwan)

Registered author(s):

    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.

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    Article provided by MDPI, Open Access Journal in its journal Energies.

    Volume (Year): 6 (2013)
    Issue (Month): 2 (February)
    Pages: 1-15

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    Handle: RePEc:gam:jeners:v:6:y:2013:i:2:p:973-987:d:23587
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    1. 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.
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    6. 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.
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    8. 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.
    9. 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.
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    11. Chien-Hsun Chen & Hui-Tzu Shih, 2005. "High-Tech Industries in China," Books, Edward Elgar Publishing, number 3710.
    12. 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.
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