Interview: Wayne Wang PhD – Director General, Hsinchu Science Park, Taiwan
Wayne Wang, director general of Hsinchu Science Park (HSP), the country’s largest and oldest innovation cluster…
Hsinchu Science Park
Last updated: 13.02.2014
The National Science Council set up the Hsinchu Science Park (HSP), the first establishment of its kind in Taiwan, on December 15, 1980. By ushering in technologies and talent from abroad, bringing about the transformation of domestic conventional industry, and fostering the upgrade of industrial technology across the board, the park is intended to help high-tech industry take off in Taiwan.
Straddling the city and county of Hsinchu, the 6.5-square kilometer HSP now mainly houses semiconductor and optoelectronics ventures. More than 500 tenant companies employ more than 150,000 people. For the past three years, HSP companies posted an annual average of more than NT$1 trillion in revenue, which tends to fluctuate in tandem with the ups and downs in the global economy. Over the years HSP companies have been approved to invest more than NT$1 trillion. The close dependence of tenant companies on the Industrial Technology Research Institute, National Tsing Hua University and National Chiao Tung University can be easily illustrated by the fact that more than 50 of them have emerged as spinoffs from the aforementioned institutions. The high concentration of high-caliber talent at the HSP is only to be expected. Those who are devoted to R&D and technology development account for 40% of the HSP’s overall workforce, with the remaining 60% taken by people engaged in production, management, marketing, etc. In terms of educational levels, around 75% of HSP employees have junior college or higher degrees, which compares with 18% registered by Taiwan’s overall manufacturing sector. Some 57% of HSP employees own a university diploma while the ratio is only 7% for the broader manufacturing sector. Additionally, more than 40,000 master’s degree holders and 3,000 with doctorate degrees now work at the HSP. Of the total, more than 4,000 have returned from abroad to start their own businesses in Taiwan.
Interviews
Interview: Randy Tzong-Ming Yen, Director General, Hsinchu Science Park, Taiwan
The Director General of one of the world’s most successful science parks discusses the history of the park,…
Related
Charles Chen – Vice Chairman & CEO, Medigen Vaccine Biologics Corp.…
Charles Chen of Taiwanese firm Medigen Vaccines Biologics Corp (MVC) shares his career journey, the company’s…
Johnsee Lee – Chairman & CEO & Eric Yang – VP, Quark…
Johnsee Lee and Eric Yang of Taiwanese precision medicine diagnostics firm Quark Biosciences outline their…
Louis Cheng – CEO, Leadgene Biomedical, Taiwan
Louis Cheng, CEO of Taiwanese firm Leadgene Biomedical, introduces the company’s expertise in antibody…
Johnsee Lee – Chairman, Taiwan Bio Industry Organization; President &…
Taiwan Bio Industry Organization Chairman Dr Johnsee Lee outlines the Taiwanese biopharmaceutical industry’s…
First Impressions / Taiwanese Pharma
Taiwan, although small in size, boasts a strong culture of innovation as well as a universal healthcare system that…
Report / New Taiwan Pharma Report November 2019 Out Now
Long overshadowed by larger and more well-known neighbours, the island of Taiwan is nonetheless cultivating an…
APAC / Taiwanese Pharma Looking Locally for International Opportunities
While Taiwanese pharmaceutical and biotech players have traditionally set their sights on the US as a key market,…
Talent / Multinationals' HR Strategies in Taiwan
All country managers of multinational pharma companies need to strike the balance between having a global outlook…
Stanley Huang – Founder & Managing Director, Nutrarex Biotech, Taiwan
Nutrarex Biotech is a Taiwanese private label contract manufacturer of functional supplements, exclusively…
APAC / Taiwan's New Southbound Policy: Enhancing Regional Ties
In an effort to enhance trade and cooperation with other countries in the region and reduce dependency on mainland…
Company Profile / iXensor, Taiwan
Within Taiwan’s evolving medical device sector, many innovative startups are exploring breakthrough ideas which…
Mark Yang – CEO, GaleMed, Taiwan
Mark Yang, CEO of GaleMed, elaborates on the medical device manufacturer’s transition from a privately-owned…
