Industry Evolution
We encourage academia to accelerate technological research, development and innovation and establish medical institutes to bolster quality of medical service.
Encourage Academia to Accelerate Technological Research, Development and Innovation
Y.Z. Hsu Science Award
Far Eastern Y. Z. Hsu Science and Technology Memorial Foundation is founded on the mission to promote “technology and innovation.” Since 2002, the foundation has been presenting Y. Z. Hsu Science Award to encourage the academia for dedication in innovative research and development in the technological fields. The foundation consistently exerts efforts and resources into the cause, making Y. Z. Hsu Science Award one of the most prominent awards in scientific research in Taiwan. As this award marches into its 19th year in 2021, it is now one of the most significant technology awards in Taiwan and the number of applications reached 204. Over 216 scholars and experts participated in the peer review, and chose 24 winners for Science Chair Professor, Science Paper Award, Yuan Ze Chair Professor and Outstanding Professor Award. Among them, winners of Y. Z. Hsu Science Chair Professor received NT$10.6 million. Over the 19 years of the award history, 412 awards have been presented with NT$170 million in prize money, which is a remarkable record.
Y.Z. Hsu Science Award Categories
Improve Quality of Medical Service with Medical Institutes
Far Eastern Memorial Hospital/Far Eastern Polyclinic
In the 1970s, Y. Z. Hsu, founder of Far Eastern Group, became aware of the lack of modern hospitals in New Taipei City. Back then, patients suffering major injuries or acute illnesses had to seek medical treatments in Taipei City. The distance often caused delayed treatment, and ultimately tragedies. To prevent such unfortunate occurrences, Far Eastern Group made donations to establish Far Eastern Medical Foundation, which was founded upon the missions to build hospitals; incentivize medical research; provide emergency and medical care as well as free clinics for underprivileged patients. The Group went further by building Far Eastern Memorial Hospital in Banqiao in 1981 and Far Eastern Polyclinic in Taipei City in 1988.
Today, Far Eastern Memorial Hospital has evolved into the only medical center in New Taipei City, and one that has been recognized with National Quality Award. Currently, the hospital houses 64 specializations, 2 centers and 1,174 beds, averaging 3,200 surgeries a month and over 5,000 daily out-patient visits. The hospital continues to develop patientcentric service. With the development of AI applications in medical research, Far Eastern Memorial Hospital is becoming a smart hospital that offers smart care and service to improve patient experience. In 2021, the hospital was awarded with the Badges of Environmental Management and Community Health (including Long-term Care) under the Smart Healthcare category of National Healthcare Quality Award. With Application of Borderless Smart Lens in Remote Teacher Training, the hospital received Special Potential Award under the Smart Solution category. Beginning in 2022, Far Eastern Polyclinic continues to provide healthcare services under the patient-centered seamless transitional and referral system at National Taiwan University Hospital as it continues to improve healthcare quality and fulfill its social and medical responsibilities.
