Business Potential for Agricultural Biotechnology - Asian Productivity ...
Business Potential for Agricultural Biotechnology - Asian Productivity ...
Business Potential for Agricultural Biotechnology - Asian Productivity ...
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The Developmental Strategy <strong>for</strong> <strong>Agricultural</strong> <strong>Biotechnology</strong> Products in the Republic of China<br />
local and international biotech investors. With such concentration, the development of agricultural<br />
biotechnology industries can proceed at an even faster pace.<br />
Currently, the Republic of China has already established the <strong>Agricultural</strong> <strong>Biotechnology</strong><br />
Park in Pingtung, the National Flower Park in Changhua, the Taiwan Orchid Plantation in<br />
Tainan, the Medicinal and Spice Herb <strong>Biotechnology</strong> Park in Chiayi, and the Marine <strong>Biotechnology</strong><br />
Park in Ilan, combining private capitalization and governmental research and development<br />
capacity to create a high-value-added industry in agriculture.<br />
The <strong>Agricultural</strong> <strong>Biotechnology</strong> Park Establishment and Management Act was enacted in<br />
April 2004, a law primarily providing full access to factory facilities and clarifying the amenities<br />
and benefits offered to agricultural biotechnology companies.<br />
CONCLUSION AND SUGGESTIONS<br />
In the context of agricultural development in the 21st century, aside from satisfying the<br />
traditional needs of the people, the Republic of China’s most urgent need is to become internationally<br />
competitive while protecting and maintaining its ecosystems. The crucial factor lies in<br />
the improvement of technology. Consequently, whether seen from the viewpoint of international<br />
trends, national policy, or industrial development, the use of biotechnology is a road that agricultural<br />
industries worldwide must travel. In addition to focusing ef<strong>for</strong>ts on building infrastructure<br />
to attract various sectors of society to become involved in agricultural biotechnology,<br />
the Republic of China will focus on the influence and effect biotech has on traditional agriculture<br />
and farming villages, making a thorough evaluation and suggesting countermeasures.<br />
The Republic of China will also look <strong>for</strong>ward by taking one step further and combining agricultural<br />
biotechnology with other domestic industries, such as medicine, food processing, and<br />
in<strong>for</strong>mation technology, thus opening up new fields of application and creating industries that<br />
promote public health and welfare.<br />
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