This research project is to review the research processes and results of “An Analysis’s of Demand and Supply on the Science and Technology (S&T) Human Resource in Taiwan: 2005-2015” by the Council of Economic Planning and Development (CEPD). In the mean time, this research suggests a different research method to compensate CEPD’s investigation results, in order to offer a reference from the other aspect.
First, by applying OECD’s definition about S&T human resource, this research constructs a model of demand and supply on S&T human resource to calculate Taiwan’s S&T human resource population stock, as well as the quantity of demand and supply in the S&T labor market.
Second, according to the time series of demand and supply on S&T human resource population stock of the past 10 years, this research uses the ARIMA model to predict the excess demand or excess supply of S&T human resource in Taiwan. The results show that there will exist an S&T human resource surplus in the fields of Liberal Arts, Social Science, Business and Law, and a shortage in the fields of Bio-resources, Agriculture, Medicine, Medical Humanities, Veterinary Medicine and Public Health. Nonetheless, an inconsistency is observed in the fields of Science and Technology. There is, and will be, a significant shortage for the graduate-degree S&T human resource, but a surplus on the college-degree ones in this area. This contradiction is noteworthy. The results of labor market contradiction in the area of Science and Technology are similar to that of CEPD’s own research. Apparently, the quality of college-degree S&T human resource does not fulfill the expectation of enterprises in Taiwan. This contradiction in some ways reveals that enterprises in Taiwan tend to use higher wages to attract graduate-educated or experienced laborers rather than to offer long-term job trainings to college-degree S&T human resource. The empirical results of wage function in this research support the above facts.