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

Author

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  • 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)

Abstract

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.

Suggested Citation

  • Min-Ren Yan & Kuo-Ming Chien, 2013. "Evaluating the Economic Performance of High-Technology Industry and Energy Efficiency: A Case Study of Science Parks in Taiwan," Energies, MDPI, Open Access Journal, vol. 6(2), pages 1-15, February.
  • Handle: RePEc:gam:jeners:v:6:y:2013:i:2:p:973-987:d:23587
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    References listed on IDEAS

    as
    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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    5. 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.
    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.
    7. 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.
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    Citations

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    Cited by:

    1. Ven-Shing Wang & Cheng-Fong Sie & Ta-Yuan Chang & Keh-Ping Chao, 2016. "The Evaluation of Energy Conservation Performance on Electricity: A Case Study of the TFT-LCD Optronics Industry," Energies, MDPI, Open Access Journal, vol. 9(3), pages 1-12, March.
    2. repec:gam:jsusta:v:10:y:2018:i:3:p:887-:d:137143 is not listed on IDEAS
    3. repec:gam:jeners:v:9:y:2016:i:3:p:206:d:65953 is not listed on IDEAS
    4. Min-Ren Yan & Kuo-Ming Chien & Tai-Ning Yang, 2016. "Green Component Procurement Collaboration for Improving Supply Chain Management in the High Technology Industries: A Case Study from the Systems Perspective," Sustainability, MDPI, Open Access Journal, vol. 8(2), pages 1-16, January.
    5. repec:gam:jsusta:v:8:y:2016:i:2:p:105:d:62739 is not listed on IDEAS
    6. repec:gam:jsusta:v:9:y:2017:i:11:p:1964-:d:116709 is not listed on IDEAS
    7. repec:spr:endesu:v:20:y:2018:i:3:d:10.1007_s10668-017-9936-6 is not listed on IDEAS

    More about this item

    Keywords

    economic evaluation; energy efficiency; energy intensity; science park; high-technology industry;

    JEL classification:

    • Q - Agricultural and Natural Resource Economics; Environmental and Ecological Economics
    • Q0 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General
    • Q4 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy
    • Q40 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - General
    • Q41 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Demand and Supply; Prices
    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources
    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy
    • Q47 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy Forecasting
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy
    • Q49 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Other

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