Promote the industrial restructuring

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command loyalty to their enterprise. Therefore, it is no surprising that key talents are attracted to turn to Chinese enterprises. The talent is the capital of the country such that the "Brain Drain" of high-tech enterprises constitutes a serious threat to the country. Thus, the companies must improve the working conditions and offer reasonable wages and benefits, treating employees as members of a big family, just like the business model of the Google, Facebook, Microsoft and other foreign companies where employees treat their jobs as their own business and share the benefits with each other. Thus, the employees are loyal to the company and the company gives the favors to the employees, which enhance employees’ corporate identity and the so called ‘happy enterprises’ will happen, leading to sustainable development of the enterprises, society and the nation in the long run.

7.2.2.2.2 Promote the industrial restructuring

Taiwan is a country lack of natural resources. Taiwan manufactures products by importing raw materials and then exporting to other countries, mostly through trade. The number of Taiwan's manufacturing workforce peaked in 1987 and that number decreased with the outflow of jobs to China, a crisis of industrial hollowing out. Thus, the industry will have to try to gain competitiveness through seeking new mechanism to generate surplus value.

In the past, Taiwan's industry took advantages of upgrading the economy such as optoelectronics, information, OEM, ODM, but now is gradually caught up with by Korea, Japan, and China. Taiwan needs to think about what are the industries of next generation in order to regain its competitive edge. The government began to re-adjust the structure of the economy in order to speed up the development of the high-value and service industries by selecting six new

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industries, four new smart industries and ten services industries to reverse the image that used to accompany the foundry and low-profit industry. It is hoped that the government can really implement policies of industrial restructuring that is crucial to long-term development of Taiwan's economy and industry.

In addition to the formulation of the future direction of the country, the industrial policy should be well-planned to provide opportunities of productive jobs. As to the industry upgrading, it should make use of the alternative resources and develop high value-added industries in order to stimulate and retain the talents. To sum up, it is necessary to strengthen the industrial restructuring and master the key technology to establish its own brand name and improve the training of human resources in order to increase the international competitiveness and strengthen competitive advantage of our industry.

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