Leveraging Resource Scarcity into Digital Innovation Advantage: Government Support and SMEs' Transformation in Taiwan

Although previous research examine the impact of insufficient resources on innovation, few have investigated how it alters outcomes. Government assistance is crucial for this role, particularly with new technological advancements. Taiwan's economy predominantly consists of small and medium enterprises, which have many challenges such as insufficient resources and limited technological advancements. The study examines how governmental assistance facilitates the acquisition of resources. A small to medium-sized enterprise in Taiwan is depleting its limited resources to develop innovative digital concepts. The structure of this work is as follows: Initially, we examine significant texts and propose concepts. Subsequently, we will discuss the methodology employed in our research and present the findings. Ultimately, we examine our findings and propose many regulatory suggestions.