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Israeli Nobel winner advises Taiwan on building startup ecosystem

2018/11/15 21:34:22

Israeli scientist Dan Shechtman (Photo courtesy of the Israel Economic and Cultural Office in Taipei)

Taipei, Nov. 15 (CNA) Israeli scientist Dan Shechtman, a 2011 Nobel laureate in chemistry, offered a number of suggestions to create a more friendly environment for technology startups in Taiwan Thursday, including the provision of universal basic science education and high-quality science and engineering teaching.

Shechtman has been invited by the Ministry of Science and Technology to attend the 2018 Pitch and Match Event slated to be held in Taipei Friday.

During the event, the Nobel laureate will engage in a dialogue with Edward Wen (溫峻瑜), secretary-general of the Taiwan Israel Chamber of Commerce, and Joses Hsiung (熊樂昌), founder and CEO of Taiwan start-up company Winnoz Technology, to share their experience promoting the development of a startup ecosystem in their respective countries.

At a press conference Thursday, Shechtman suggested ways Taiwan might develop into a hub for startups and entrepreneurs, including supporting initiatives and policies to improve the nation's technology startup ecosystem and creating a free-market environment.

Talent cultivation is the most important element to develop a technology startup ecosystem in Taiwan, he added.

Shechtman started his studies half a century ago at the Israel Institute of Technology and began promoting deep tech startups in Israel in the 1980s.

In 1986, when he became a full professor at his Alma Mater, he submitted a proposal for a new course called "Technological Entrepreneurship," which aimed to teach students how to apply their knowledge of science and engineering to the world of business by launching new companies.

The course established him as one of the pioneers of Israel's start-up revolution.

(By Pan Tzu-yu and Evelyn Kao)