Measuring Government's Industry Development Strategy Using Balanced Scorecards and Resource-Based Theory - a Case Study of Taiwanese Semiconductor Industry

This study will start with a general review of related literature published in the past, and develop a set of tools that can simultaneously establish the strategies and goals for government industry development initiatives. Then it will make comprehensive analysis and exploration, considering the resources that the government must invest in different areas, and the required supporting policies and incentives. Finally, the study will make an empirical case study on the government's role in developing the Taiwan semiconductor industry based on quantitative and qualitative information. The analysis of the key success factors in the Taiwan government policy measures, shows that the most influential policy measures for industry development include a policy for developing technological professionals, subsidies for R&D on technology and products, and the development of an Industrial Park, industrial districts and process and export zones