Taiwan used to be known as Asia's anime-comic talent bank. Many riveting, stunning and highly acclaimed Hollywood computer animated special effects have been partly produced in Taiwan. Although we have a lot of animation and comic talent, the government has paid little attention to this promising sector. As a result, many of our outstanding cartoon and comic artists can only work as OEM contractors. While government disregard has led to a decline of our animation and comic industry, China and South Korea have been very actively cultivating talent in this field. Despite its late start, South Korea is catching up with Japan, a world power in the field. China has built 17 hubs to bolster its anime-comic industry development. Lured by the sector's lucrative market potential, Hollywood has been busy churning out blockbusters featuring computer animated special effects. Films such as 2012, District 9 and Avatar have proved to be worldwide box-office hits. With this in mind, the government should take a cue from the Chinese and South Korean governments. As the first step, the government should help set up an anime-comic industry park that will facilitate the integration of education, production, capital and marketing in one shot and open up new frontiers for this knowledge-based software industry. 