2016/01/06

2016 01 06 VISITING EPOCH

The seed of the Epoch Foundation was planted in the late 1980s, a time when an inevitable trend towards globalization and the ever-growing role that "Chinese-based Economies" were to play in the near future within this globalized market started to become evident to the flourishing Taiwan industry community.
Paul Hsu, Founder and President of the Epoch Foundation, envisioned bringing together local private sectors to work towards developing a better future for Taiwan. A chance meeting between Hsu and Professor Lester C. Thurow, the Dean Emeritus at the Massachusetts Institution of Technology (MIT) Sloan School of Management, further cemented their mutual belief of the upcoming importance of "Chinese-based Economies". Together, they invited local entrepreneurs and business leaders to form a Strategic Development Alliance to guide Taiwan's future economic growth.
The alliance entered into a long-term partnership with MIT to promote exchanging ideas on management and technological innovation. In March 1991, the Epoch Foundation, the name of which was chosen to symbolize the foundation's commitment towards keeping abreast with the spirit of the changing times, was officially established.


Areas of Focus

The Epoch Foundation works to reach its goals in three directional branches:
1.   Top-notched Institutes Liaison Services
2.   Future Trends of Industrial Development
3.   Innovation and Entrepreneurship Education

The programs of each focus are listed in the following:
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Top-notched Institutes Liaison Services
  • Epoch-Information Technology Program: Epoch members' direct access to MIT Computer Science and Artificial Intelligence Lab (CSAIL)
  • Epoch-MIT Industrial Liaison Program: A pathway for participants to access MIT's research and development
  • Epoch–MIT Sloan Program: MIT Sloan School of Management's Asia-Pacific initiative.
  • Epoch-University of California, Berkeley Program: A program that facilitates members collaboration with College of Engineering of University of California, Berkeley (UCB COE)
Epoch foundation aims to facilitate Taiwan's industrial development and promote economic prosperity of the Asia-Pacific region. Through collaborations with the Massachusetts Institution of Technology (MIT), University of California, Berkeley (UCB), and other leading institutions, member companies are able to access these institutions’ databases and stand on the cutting-edge of international developments and break-through researches.

Future Trends of Industrial Development
  • Health Care
  • Green Technology
  • Creative Industries
  • Agriculture and Food Safety
  • Incubator Project: Garage+
By promoting four emerging industries—Health Care, Green Technology, Creative Industries, and Agriculture and Food Safety—the foundation hopes to help establish a new hub for Taiwan's future development within the competitive global economy. Policy recommendations compiled from the speeches and papers (Chinese version) by Paul Hsu, President of the Epoch Foundation, and other experts and scholars can be found on Epoch's website. These texts discuss the Industrial trends and current economic conditions in Taiwan, and analyze the international comparative advantages of Taiwanese industries. 

Innovation and Entrepreneurship Education
  • Young Entrepreneurs of the Future
  • Epoch Internship Program
  • Search for Talent
  • Entrepreneurial Training for Mainland Returnees
Nurturing the talents of the upcoming generations is of the most importance to the growth and development of a modern society. In order to sharpen Taiwan's competitive edge, the Epoch Internship Program was launched in 1998, and the Young Entrepreneurs of the Future program was later introduced to the public in 2003. These programs have already nurtured more than 1,700 undergraduates and graduate students, forming a multidisciplinary and close-knit community of talents. In addition, the Search for Talent program, which helps to "match-make" international talents with the private sector, was established in 2007. Furthermore, invitations from Chinese officials of Wuxi (2009) and Suzhou (2011) prompted the foundation to collaborate with UCB to provide entrepreneurial training for mainland Chinese returnees through programs that have been running successfully for the past four years.