To date, Taiwan laws and regulations have imposed strict restraints on economic activities like outbound investment, license and technology transfer by Taiwan citizens, legal entities and organizations, as well as on introduction of technology from Mainland China. These restraining laws and their corresponding policies, in legal theory, differ greatly from that of international investment laws and international technology transfer laws. These laws lack stability and predictability in interpretation, the legal system thereof is complex, and the administrative rulings often exceed their empowerment and sacrifice predictability. The hindrance also lies in the laws' inconsistency with the basic human right and nationals' economy as stipulated in Articles 10, 15, 23, and 151 and amended Article 10-1 of the Constitution. Moreover, the global activities and platform and their competitiveness shall not be interfered, disturbed or restricted by law s let alone by any ideology. The effect and purpose of these restraining laws will presumptively be little or even frustrated, which is eventually detrimental to government's reputation in law enforcement. Taiwan's industries, technologies and markets rely heavily on global resources and markets in making up for its inadequacy. The last thing for the laws to achieve is to weaken the outbound investment, license and technology transfer necessary for the growth in the global economic sharing by Taiwan citizens, legal entities, and organizations. Thirdly, digitalization and internet have helped speed up economic and technological globalization, and benefited technology crossing the border. The mobility of these modem technologies has rendered administrative restraints on technology cooperation almost meaningless. The solution, if any, shall stem from the lifting of the restraints on foreign, Mainland China. Hong Kong and Macao investment by current laws, and establishing a positive and liberalized environment for the outbound investment, license and technology transfer. Only with this can Taiwan industries enjoy a better chance in globalization and internationalization of their operations. Taiwan government, in principle, shall lift all restraints and shift the focus to corporate governance and supervision by shareholders and creditors under the mechanism of compulsory disclosure of operational information and compliance of consolidated financial reporting rules. The sole restraint, if we may, from the government may take place to limited extent and on technology export relating to military technology. Finally, what is most worthy of Taiwan government's attention is the incubation of knowledge, experience and talents for the internationalization of Taiwan enterprises.