Corporate News
Leading International Innovation Policy Makers Share Views at APAC Innovation Summit
03 Dec 2014

(Hong Kong, 3 December 2014) Leaders from Hong Kong, Beijing, Singapore, Sweden and Israel gathered at the APAC Innovation Summit in Hong Kong today to share their views on innovation policy. In a successful launch to the Summit, organised by the Hong Kong Science and Technology Parks Corporation (“HKSTP”), they discussed their experiences in important areas such as commercialising innovation, fostering entrepreneurial spirit, and the role of government in investing in education and R&D infrastructure.

HKSAR Government Chief Executive Mr CY Leung and the Chairperson of HKSTP, Mrs Fanny Law, both expressed confidence in the city's future as a technology and innovation hub.

Mr Leung said the city can serve as a “super-connector” for innovation in the Asia Pacific region because of its open, internationalised economy and its advanced infrastructure and world-class universities. He believed that innovation will become central to Hong Kong's economy in the future because of its ability to create growth and high-yield jobs in new business sectors.

Mrs Law said the city offers a business-friendly environment, an entrepreneurial spirit, freedoms of information and expression, IP protection, and the rule of law. She also pointed out that Hong Kong's science students consistently rank among the world's best, while the city is located within four hours of half of the world's population.

Dr Cao Jianlin, Vice Minister of the Ministry of Science and Technology, the Republic of China, said China's technology market is worth US$440 billion, but the country's tech industries have much to do in improving co-ordination across sectors and disciplines. He said HKSTP had served as a model for many science parks in Mainland China. The ability to attract foreign enterprise in technology projects had now become a major indicator of success and was being used as a metric to evaluate the progress of China's science parks.
Mr Mehmet Kaplan, Minister for Housing and Urban Development in Sweden, said with the world's population moving to cities, sustainable urban development had become important for reasons of economic competitiveness as well as for environmental factors. He said the main aim of Sweden's innovation strategy was to create more jobs and that it was a key part of the objective of having the lowest unemployment rate of any European country by 2020.

Mr Teo Ser Luck, Ministry of Trade and Industry and Mayor, North East District, Singapore, said the government had put a lot of effort into R&D and building an innovation ecosystem but the aim was to let business drive the process. “The government role is to support innovation, facilitate it, and to allow the private sector and research sector to flourish.”

Mr Ido Sharir, Director General of Israel's Ministry of Science, Technology and Space, said Israel ranked first in the world for the volume of VC investment, the number of scientists per capita and the level R&D as a proportion of GDP. He said many reasons had been cited for the country's technology success – such as the role of national service, ancient Jewish traditions and the high number of immigrants – and he believed the truth was probably a combination of those factors.

 

At the opening ceremony of the APAC Innovation Summit, HKSAR Chief Executive Mr CY Leung said the city can be a ‘super-connector’ hub for technology and innovation in the Asia Pacific region. He believed innovation will become central to Hong Kong's economy in the future because of its ability to create new growth and high-yield jobs.
 
Hong Kong has the essential ingredients of an innovation hub, said Mrs Fanny Law, Chairperson, Hong Kong Science and Technology Parks Corporation. These include a business friendly environment, entrepreneurial spirit, freedoms of information and expression, IP protection, and rule of law. Mrs Law added that Hong Kong's science students consistently rank among the world's best while the city is located within four hours of half of the world's population.
Hong Kong has the essential ingredients of an innovation hub, said Mrs Fanny Law, Chairperson, Hong Kong Science and Technology Parks Corporation. These include a business friendly environment, entrepreneurial spirit, freedoms of information and expression, IP protection, and rule of law. Mrs Law added that Hong Kong's science students consistently rank among the world's best while the city is located within four hours of half of the world's population.
 
Speaking at APAC Innovation Summit, Dr Cao Jianlin, Vice Minister of the Ministry of Science and Technology, People’s Republic of China, said Hong Kong Science and Technology Parks Corporation had served as a model for many science parks in Mainland China.
Speaking at APAC Innovation Summit, Dr Cao Jianlin, Vice Minister of the Ministry of Science and Technology, People’s Republic of China, said Hong Kong Science and Technology Parks Corporation had served as a model for many science parks in Mainland China.
 
Leading international innovation policy makers gathered at APAC Innovation Summit in Hong Kong today to share their views on innovation policy.

Leading international innovation policy makers gathered at APAC Innovation Summit in Hong Kong today to share their views on innovation policy.
 

Officiating guests at the opening ceremony included (from left to right):


Ms Janet Wong, Commissioner for Innovation and Technology, Innovation and Technology Commission, HKSAR Government
Dr Wang Zhimin, Deputy Minister, Liaison Office of the Central People’s Government in the HKSAR
Dr Cao Jianlin, Vice Minister, Ministry of Science and Technology, People’s Republic of China
Mr C. Y. Leung, Chief Executive, HKSAR Government
Mrs Fanny Law, Chairperson, HKSTP
Mr Gregary So, Secretary for Commerce and Economic Development, HKSAR Government
Ms Susie Ho, Permanent Secretary for Commerce and Economic Development (Communications and Technology), HKSAR Government
Mr Allen Ma, Chief Executive Officer, HKSTPC

 

 

END


 

About Hong Kong Science and Technology Parks Corporation


Comprising Hong Kong Science Park, InnoCentre and Industrial Estates, Hong Kong Science & Technology Parks Corporation (“HKSTP”) is a statutory body dedicated to building a vibrant innovation and technology ecosystem to connect stakeholders, nurture technology talents, facilitate collaboration, and catalyse innovations to deliver social and economic benefits to Hong Kong and the region.

Established in May 2001, HKSTP has been driving the development of Hong Kong into a regional hub for innovation and growth in several focused clusters including Electronics Engineering, Information Communications Technology, Green Technology, Bio Medical Technology, Materials and Precision Engineering. We enable science and technology companies to nurture ideas, innovate and grow, supported by our R&D facilities, infrastructure, and market-led laboratories and technical centres with professional support services. We also offer value added services and comprehensive incubation programmes for technology start-ups to accelerate their growth.

Technology businesses benefit from our specialised services and infrastructure at Hong Kong Science Park for applied research and product development; enterprises can find creative design support at InnoCentre; while skill-intensive businesses are served by our three industrial estates at Tai Po, Tseung Kwan O and Yuen Long.

More information about HKSTP is available at www.hkstp.org.

 

For further information, please contact:
Hong Kong Science and Technology Parks Corporation
Julia Cheung
Tel: +852 2629 6891
Email: julia.cheung@hkstp.org

Ogilvy Public Relations
Carmen Lee
Tel: +852 2884 8187 / +852 9755 3121
Email: carmen.lee@ogilvy.com

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