Taipei--Thirty-three percent of Taiwan's Ph.D graduates would consider working overseas sometime in the next five years, with the most desired destinations being the U.S. and China, a survey from the National Applied Research Laboratories (NARL) revealed on Tuesday.
The survey showed that of those interested in working overseas, 37 percent prefer the U.S. and 26 percent China, while 77 percent said they would be willing to return to Taiwan after a period abroad.
Ph.D graduates 40 years old and younger showed most interest in working overseas, the survey added.
The NARL said over half of respondents with a preference for the U.S. and China are attracted by the prospect of a higher salary and better environment.
The U.S. holds the advantage because of its world leading position in academia and research, while China has strong market potential and opportunities for industrial development, according to the NARL's analysis.
The NARL also suggested companies should invest more in R&D to raise competitiveness.
NARL Science and Technology Policy Research and Information Center director-general Joung Yuh-jzer (???) explained that although such an outflow of talent would lead to a drop in GDP of 0.2-0.5 percent, in the long run these individuals would boost GDP growth by up to 4 percent when they returned.
The survey reflects the answers of 5,196 Ph.D graduates, representing a 12.5 percent response rate to the questionnaires handed out.
Among respondents, 5 percent worked in the private sector, 73 percent in universities and 12 percent at research institutes.
Source: Focus Taiwan News Channel