Recently both the Taiwan and Australian governments purchased computers for school students, which creates business not only for computer companies but increases the demand for future software and peripheral products. Another way is to develop an environment that stimulates innovation, which creates new markets. Acer encourages new employees to take risks and develop their creativity because innovation is especially critical for success in a fast-changing business world. Developing innovative people requires a long-term commitment to education, culture and social values. Asian education has long emphasized rote memorization and stringent exams.
Parents expect their kids to study hard and spend a lot of time on homework.
But this neither guarantees that they will make a better living nor reflects their creativity. When these youngsters grow up, they may continue to work harder and produce faster - but still receive lower pay. Their competitiveness reaches a plateau within the LCLV paradigm. I am strongly against giving up a solid fundamental education since knowledge is the base of innovation. Instead, we need to create an overall environment in which innovation can be nurtured.