Competition policy for technological innovation in an era of knowledge-based economy

Authors:
George J. Y. Hsu;Yi-Hsing Lin;Zheng-Yi Wei
Affiliations:
Department of Management Information Systems, and Department of Applied Economics, National Chung-Hsing University, No. 250, Kuo Kuang Road, Taichung 402, Taiwan, ROC;Department of International Affairs, National Kinmen Institute of Technology, Univeristy RD. Jinning Township, Kinmen, Taiwan, ROC;Taipei Customs Office, No. 21, Hangchin N. Road, Dayuan Township, Taoyuan County 33758, Taiwan, ROC
Venue:
Knowledge-Based Systems
Year:
2008

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Abstract

The knowledge-based economy has become the major trend in international society in the 21st century. Exploring the characteristics of the knowledge-based economy and establishing an appropriate economic paradigm for accelerating technological innovation is an urgent task for governments. Therefore, in a knowledge-based economic system, the issues concerned with the challenges and the adaptation of competition policy require profound discussion. The purpose of this paper is to explore the problems and solutions the authoritative institution faces when formulating and executing competition policy that government should formulate to stimulate technological innovation.