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Article type: Research Article
Authors: Chen, Qinglana | Su, Zhixionga | Li, Xiaoqinga | Wei, Chiu-Chib; *
Affiliations: [a] Xiamen University of Technology, Jimei, Xiamen, China | [b] Chung Hua University, Hsinchu, Taiwan, China
Correspondence: [*] Corresponding author: Chiu-Chi Wei, Chung Hua University, 707, Sec.2, WuFu Rd., Hsinchu, Taiwan, China. Tel.: +886 937998359; E-mail: a0824809@gmail.com.
Abstract: Using data from a 13-year period panel, this study analyzes the interaction of Taiwan’s technology investment and industrial development, through the training and extraction of a multi-layered, feed-forward neural network. The simulation experiments provide a reference behavior pattern for China, while accounting for its culture-specific context. Also analyzed are the potential effects of technology investment on the GDP and employment rates of China’s primary and tertiary industries. The simulation results show that the basic-research budget percentage could positively affect China’s tertiary industry, yet increasing both the basic-research budget percentage and the research and development (R&D) personnel could decidedly increase the GDP rate of China’s primary industry. Following the study’s limitations, explored are its potential implications for policymaking and future research.
Keywords: Economic environment, technology investment, industrial development, Taiwan
DOI: 10.3233/HSM-17188
Journal: Human Systems Management, vol. 37, no. 4, pp. 425-432, 2018
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