Hsinchu Science Park
Overview
 
Hsinchu Science and Industrial Park is an industrial park
Industrial park
An industrial park is an area zoned and planned for the purpose of industrial development...

 established by the government of the Republic of China (Taiwan)
Republic of China
The Republic of China , commonly known as Taiwan , is a unitary sovereign state located in East Asia. Originally based in mainland China, the Republic of China currently governs the island of Taiwan , which forms over 99% of its current territory, as well as Penghu, Kinmen, Matsu and other minor...

 on December 15, 1980 with investment from the Kuomintang
Kuomintang
The Kuomintang of China , sometimes romanized as Guomindang via the Pinyin transcription system or GMD for short, and translated as the Chinese Nationalist Party is a founding and ruling political party of the Republic of China . Its guiding ideology is the Three Principles of the People, espoused...

. It straddles Hsinchu City and Hsinchu County
Hsinchu County
Hsinchu County is a county in north-western Taiwan. The population of the county is mainly Hakka; there is a Taiwanese aboriginal minority in the southeastern part of the county. Zhubei is the capital of Hsinchu, where the government office and county office is located...

 on the island of Taiwan
Taiwan
Taiwan , also known, especially in the past, as Formosa , is the largest island of the same-named island group of East Asia in the western Pacific Ocean and located off the southeastern coast of mainland China. The island forms over 99% of the current territory of the Republic of China following...

.

Hsinchu Science and Industrial Park was founded by Kwoh-Ting Li
Kwoh-Ting Li
Kwoh-Ting Li was a Chinese economist and politician best known as the "Father of Taiwan's Economic Miracle" for his work in transforming Taiwan's economy from an agrarian-based system into one of the world's leading producers of information and telecommunications technology...

, former Finance Minister of Republic of China
Republic of China
The Republic of China , commonly known as Taiwan , is a unitary sovereign state located in East Asia. Originally based in mainland China, the Republic of China currently governs the island of Taiwan , which forms over 99% of its current territory, as well as Penghu, Kinmen, Matsu and other minor...

. Inspired by Silicon Valley in the United States, Li consulted Frederick Terman
Frederick Terman
Frederick Emmons Terman was an American academic. He is widely credited with being the father of Silicon Valley.-Education:...

, on how Taiwan could follow its example.
 
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