Hong Kong Focus, Management of Technological Innovation, KV Patri

1

How could HKSAR Transform into a World Class Center for Technology and Innovation

Hong Kong Focus, Management of Technological Innovation, KV Patri

2

US R&D Activities, 1993(Shares of Govt, Ind., Uni., and other in US$106 )

0100002000030000400005000060000700008000090000

100000

Basic R App. R Development

Federal Govt Industry Universities Non-profit Inst.

Hong Kong Focus, Management of Technological Innovation, KV Patri

3

How wealthy is HKSAR?GNP per capita (US$/Year) in December 1999

0

5000

10000

15000

20000

25000

30000

35000

40000Sw

itze

rlan

d

USA

Japa

n

Ger

man

y

Hon

g K

ong

Fra

nce

Bri

tain

Sing

apor

e

Bru

nei

Ital

y

Can

ada

Aus

tral

ia

Tai

wan

S. K

orea

Rus

sia

Chi

na

Indi

a

Pak

ista

n

Hong Kong Focus, Management of Technological Innovation, KV Patri

4

% of GDP spent on R&D by developed countries (1993)

0

0.5

1

1.5

2

2.5

3

3.5

Japan Germany USA France UK HongKong

Hong Kong Focus, Management of Technological Innovation, KV Patri

5

Making HK a Center for

Technology and Innovation

The Need for a New Era of

University Industry Collaboration

Hong Kong Focus, Management of Technological Innovation, KV Patri

6

Current Technolgy and Innovation Levelof HK Entrepreneurs

Target Level

How

?

Hong Kong Focus, Management of Technological Innovation, KV Patri

7

Current Technolgy and Innovation Levelof HK Entrepreneurs

Target Level

Chief Executive'sInitiative

(Commission'sreport)

Hong Kong Focus, Management of Technological Innovation, KV Patri

8

The desired direction of change

So far• Focus on productivity

and quality issues• Technology transfer• OEM

In the future• Focus on innovation

and innovation management

• Innovative product, process, and technology generation

• OED, Indigenous brands

Hong Kong Focus, Management of Technological Innovation, KV Patri

9

Current Technolgy and Innovation Levelof HK Entrepreneurs

Target Level

ASTRIITF$5b

Hi-tecMultinationals

Induce to HK

Hong Kong Focus, Management of Technological Innovation, KV Patri

10

Current Technolgy and Innovation Levelof HK Entrepreneurs

Target Level

Hi-tecMultinationals

Induce to HK

Increased short-term business along withsome technological progress for HK enterpreneurs

ASTRIITF$5b M

anuf

actu

re fo

r

Hong Kong Focus, Management of Technological Innovation, KV Patri

11

Current Technolgy and Innovation Levelof HK Entrepreneurs

Target Level

ASTRIITF$5b

The state of local universities in the past

Universities

Not significantly ahead

Hong Kong Focus, Management of Technological Innovation, KV Patri

12

Current Technolgy and Innovation Levelof HK Entrepreneurs

Target Level

ASTRIITF$5b

The present state of universities

Universities

Increasingly engaged incutting edge activities

UGC

Pull up

Hong Kong Focus, Management of Technological Innovation, KV Patri

13

Current Technolgy and Innovation Levelof HK Entrepreneurs

Target Level

ASTRIITF$5b

The Govt. suggests bringing inworld class experts from mainland and abroad

Universities

Will facilitate bringingin the experts

Expertsfrom

mainlandand abroad

Goodworking links

Hong Kong Focus, Management of Technological Innovation, KV Patri

14

Current Technolgy and Innovation Levelof HK Entrepreneurs

Target Level

ASTRIITF$5b

In the long run

HKUniversities

Expertsfrom

mainlandand abroad

Need to invest inlong term projects

Hi-tecMultinationals

Partnershipfor

Progress

Hong Kong Focus, Management of Technological Innovation, KV Patri

15

But,• It will be quite some time before MNIs will

actually come over to HK.

• Even when they do, they would not bring R&D over unless they find a vibrant R&D infrastructure (human and technological resources) and culture here.

In the short term, we need to focus on

local R&D infrastructure and culture.

Hong Kong Focus, Management of Technological Innovation, KV Patri

16

Current Technolgy and Innovation Levelof HK Entrepreneurs

Target Level

ASTRIITF$5b

Universities and local industries need to work together on specificprojects aimed at long term growth of technology and innovation in HK

UniversitiesWill facilitate triangular

partneship projects

Expertsfrom

mainlandand abroad

Need to invest inlong term projects

Partnershipfor

Progress