The global economic center is gradually shifting eastward and Asian tech hubs are vying to be the region’s top destination for global entrepreneurs. Taiwan—once Asia’s hardware manufacturing hub—is slowly recognizing that it is not only essential to cultivate the local startup ecosystem but also to bring in new ideas and voices.

A growing number of countries and regions are welcoming talented entrepreneurs from overseas, encouraging them to set up shop on their home turf. Entrepreneurs, for their part, see tremendous potential in Asia but lose their nerve once they realize how little they know of the market, the language, or cultural nuances, for example. Many get weak-kneed before even trying.

Taiwan’s startup ecosystem has been maturing and is growing to become more international. From the dot-com boom in the early 2000s to 2010, the startup landscape began to take shape in many developed markets, but not in Taiwan. Entrepreneurship dwindled in the idle startup scene—the regulatory and funding environment did not encourage new startups and many would-be entrepreneurs had gone to Silicon Valley and other locations that offered more resources and opportunities.

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Nicole Jao

Nicole Jao is a reporter based in Beijing. She’s passionate about emerging trends, news, and stories of human interest within the world of technology. Connect with her on Twitter or via email: nicole.jao.iting@gmail.com.