中文網
Taipei
Fri, Jun 25, 2021
20:38
light rain
27°C
CONNECT WITH US
Enterprises can provide experimental sites for startups, says TEC NTU CEO
Chloe Liao, Taipei; Adam Hwang, DIGITIMES 0

The survivability of startup businesses generally hinges on feasibility of their business models and marketability of their products/ services and, in this respect, enterprises can provide experimental sites for feasibility and marketability evaluation, according to Vincent Tseng, CEO for Taidah Entrepreneurship Center (TEC) at National Taiwan University (NTU).

Tseng was speaking at 5G/Innovation Summit 2019 jointly organized by the Taipei City Government and Digitimes on November 25.

To catch up with technological development, many enterprises look for startups' innovations by making corporate venture capital investment or setting up innovation labs, accelerators/incubators, Tseng said.

Under the cooperation, enterprises and startups are complementary to each other: Enteprises have resources but find it difficult or are reluctant to make risky changes, resulting in a lack of innovations; startups have innovative ideas and are willing to face challenges, Tseng explained.

In a bid to provide experimental sites for startup businesses, TEC NTU has partnered with local enterprises such as AU Optronics (AUO) and E.Sun Commercial Bank since January 2019, Tseng noted.

CEO

Vincent Tseng, CEO for NTU's Taidah Entrepreneurship Center
Photo: Digitimes staff, November 2019

Related stories
Looking for startups?
Profiles of startups from Taiwan and around the world: their technologies, product developments, fundraising rounds, etc. All startups are welcome to register their profiles - free of charge.
Information about accelerators and incubators from Taiwan and around the world that are mentoring startup businesses and teams. All mentors are welcome to register their info - free of charge.
Major events, including those organized by the government, DIGITIMES, and others, featuring startups, innovative technologies and products from Taiwan, Asia and around the world.