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August 09, 2007

Comments

Fred Chu

Goverment funding is always beneficial for enterperure who does not care about "red-tapes"(i.e. endless paper work and compliances document and neccessary lobbying of the officials). It had help Taiwan successfully launch IC manufacture business. If you think of goverment as a less efficient but huge VC (venture capitalist), then the flops in the past is not surprising. The normal VC success rate is only 10-20%. In the mean time, it create jobs and other benefit (stability and sense of goal/accomplishment) to the society.

My philosophy is : if you can not stop them, join them and see if you can do something about it! The only problem is what angle you want to look at it and if doing so does not have a conflict of your personal moral value.
True, most the the business success does not requires goverment invovlment and many failures exist in govermenet funded projectes : Japan's AI program is a huge failure. However, there are always some side benefits from those failures. So I am very positive about this program no matter what happen to the outcome.

Tze-Chien Chu

The problem of the Fund from Gov is If the company success Gov got nothing from it. Most of the time the money is GIVE to the company.It is not hard to apply it. I have success help Mandarin to get the fund . 1-2M NTD/Year

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