KMT developmentalist Taiwan (Chiang Ching-kuo + Lee Teng-hui era, 1961-2000)

Doctrine — stated goals and content

KMT government under premier Chiang Ching-kuo and economic minister K.T. Li directing upgrading of Taiwan's industrial base through public-research-led entry into electronics. The Industrial Technology Research Institute (ITRI) was founded in 1973 as a state-affiliated applied-research organisation; technology-licensing agreements with RCA from 1976 transferred IC fabrication know-how, leading to the 1980 spin-out of United Microelectronics Corporation and the 1987 spin-out of Taiwan Semiconductor Manufacturing Company (TSMC) as a dedicated-foundry pioneer. Companion measures included the 1980 Hsinchu Science-based Industrial Park with tax holidays and customs preferences, returnee-engineer recruitment from Silicon Valley, and development-bank credit for capital-intensive fabrication investments. Stated case: build indigenous capability in strategic high-technology sectors via state-funded R&D and pilot production rather than blanket protection, then spin viable units to the private sector to scale and compete internationally.