This study explores the research question: Does the promotion system in Taiwan reward faculty research productivity? By conducting event history analyses, I have demonstrated that the simple answer to the question is "yes." After controlling for the effects of demography, education, institutions and seniority, the discrete-time logit models indicate that the number of research publications predicts the odds of promotion well. Although the promotion system is unquestionably effective in rewarding research productivity for at least some faculty, whether the system is truly universalistic or equitable remains an open question. Female and younger faculty members are clearly disadvantaged in seeking promotion. Future research is recommended to study how particularism operates in the Taiwanese academic community. (Contains 4 tables, 4 figures, and 3 notes.)