In the early 1970s, Taiwan faced crucial challenges arising from global energy crisis and trade protectionism implemented by industrial countries. It thus became top priority of the government to come up with policies on industrial and economic development so as to transform the traditional industrial model into the technology-intensive industrial model and to increase Taiwan’s competitiveness. On 17th May 1979, Executive Yuan passed the “Proposal on Science and Technology Development” in its 1663 Grand Meeting, resolving to incorporate a non-governmental organization— “Institute for Information Industry” (“III”) through the joint efforts of public and private sectors. Later on 24th July, with persistent efforts from past Senior Advisor to the Presidency, Mr. Kuo-Ting Li, III was established so as to “promote effective application of information technology, increase national comprehensive competitiveness, create preconditions and environment for information industry to develop, and to strengthen the competitiveness of information industry.”
