How did Taiwan become a hub for technology?

The government of Taiwan has played a huge role in making Taiwan a hub for technology. Taiwan startup companies have access to government-supported innovation and entrepreneurship programmes, funding, and sometimes mentoring. This makes it easy for native technology companies to grow. The government help further innovation in the country.

Taiwan government also encourages foreign companies and investors all around the world to come set up in Taiwan. This is the main reason why Taiwan has become a hub in the technology.

Taiwan has long been associated with China when it comes to customs, culture, and just about everything else. While China started to become a major player in the world of computer and technology development and manufacturing, Taiwan folllowed suit as they have done with China since it became a country. One major reason that Taiwan has become a hub for technology is that the government is fully behind any Taiwan tech startups. This has allowed for more and more Taiwan native companies in the technology field to be able to flourish. The government offers funding for new companies but at the same time they offering mentoring that helps the companies sustain themselves and have a long term plan on becoming successful. Taiwan also is very open to companies from all around the world to set up in the country. They are able to afford these companies components and hardware but at the same time allowing for a fostering environment that is a win-win situation for both Taiwan and the companies and countries that opt to go to Asia to conduct business.