The government did not find it to be a wise decision to send them out during that period. In 1970, there was an urgent need to upgrade the existing industries. The government of Taiwan realized the situation and started taking active steps in reversing the phenomenon of brain drain. In 1980, the Taiwanese government established the Hsinchu Science Park promoting tax reductions for introducing high-tech industries. This resulted in expanded opportunities for emigrants who were highly-skilled. Suddenly, the land which was known for its impossibilities turned into a land brimming with possibilities. This forced foreign trained engineers and scientists fly back to their respective motherlands (Irina, 2013). They diverted their physical and human capital that had been accumulated abroad to explore these opportunities. They became owners, partners in companies and R&D leaders. This upgraded the various industries resulting in economic boom. As a result of this, more and more skilled emigrants came back. It was seen that 1/3rd of the students educated in foreign lands came back. A survey was conducted on the population of Taiwan in 1990 and it was seen that about 50,000 had returned between 1985 and 1990 (Irina, 2013).
This situation was not unusual for Taiwan. Various developing nations are facing critical economic impacts of this brain drain. The best example for this is India. India experienced the brain drain phenomenon for ages but is ready to inverse the process by developing their science parks aiming the drug industry. In 1990, major drug companies were struggling to steal drug formulae. For instance, Ranbaxy Laboratories and Cipla started selling $1 AIDS cocktails in Africa and India. Nevertheless, Indians realized that it was nothing but a dead end. They would have to equip themselves with the R&D skills to upgrade their drug industry (Marchiori et.al, 2013).
India announced in 2003 that efforts would be made to safeguard the rights of overseas patent holders. Drug companies and biologists in India started collaborating with the Western drug firms to conduct lab work and gain experience. They also started attracting biologists born in India for extending their biology skills. India in 2006 started issuing foreign citizen of the India cards which offered the citizens with an Indian origin visa-free entry for work and life in the nation. More than 300,000 cards had been given by 2008. This completed the process of brain circulation (Ngoma and Ismail, 2013).
The above analysis highlights the current scenario of brain drain in Taiwan. Based on these findings and details as the study background, this paper attempts to explore the factors influencing brain drain in the industry by reviewing various studies and literatures. The study also intends to fill the existing gap in the research studies related to brain drain and impacting factors.