Responding to Industrial Transformation and Upgrade — New Concept for Intellectual Property Management Services Development in Taiwan

Chih‐Lun Chen

Abstract


TheInternational Institute for Management Development (IMD) has performed afive-year moving average calculation on major national productivity statisticsfor countries worldwide. The results indicated that the average rate of globalproductivity growth between 1999 and 2003 was 10.2%, but the rate declined to2.35% between 2008 and 2012. This trend shows that the momentum of developmentbetween nations has waned. Although companies have made large, multi-oriented,and highly-complex investments in innovation projects, innovations that inspiresignificant change worldwide and increase the speed of productivity are stilldifficult to produce. The current condition reflects the "GreatStagnation" perspective proposed by contemporary economics expert TylerCowen.

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