Since its establishment in 1980, the Hsinchu Science Park (HSP) has strived to develop a favorable environment for investment, to attract high-tech talent, to introduce advanced technologies, and thus to promote domestic industry.
HSP, located in Hsinchu of northwestern Taiwan, stretches for 632 hectares over both Hsinchu County and Hsinchu City. The establishment and development of the HSP have achieved the strategic objective of attracting high-tech investment and increasing international competitiveness of Taiwan's high-tech industry. Over past 22 years, the government has invested approximately US$1,006 million in the Park's infrastructure. Following decades of effort, HSP has become to be a paragon of success, not only attracting overseas guests and media, but also becoming a topic of discussion for scholars of economics and rural and urban development.