In the early 1970s, Taiwan faced crucial challenges arising from global energy crisis and trade protectionism implemented by industrial countries. It thus became top priority of the government to come up with policies on industrial and economic development so as to transform the traditional industrial model into the technology-intensive industrial model and to increase Taiwan’s competitiveness. On 17th May 1979, Proposal on Science and Technology Development passed, resolving to incorporate a non-governmental organization“Institute for Information Industry”through the joint efforts of public and private sectors.