Innovation is critical for Hong Kong Competitiveness and Sustainability especially in current challenging times. It also serves to promote culture of entrepreneurship and continuous innovation.

On 25 March 2022, CUHK jointly organized a Webinar with The Hong Kong Independent Non-Executive Director Association (HKiNEDA) in Corporate Innovation Index (CII) in Hong Kong, share our views about establishing a Corporate Innovation Index mechanism in Hong Kong and explain how companies can contribute and benefit from CII.

Professor Toa Charm started the webinar with an introduction to global innovation and a polling to understand the perception of our participants about the innovation performance of Hong Kong. Participants enthusiastically joined the polling and one of the participants commented: “Israel is way over HK! It is almost as innovative as US and has led to so many new ventures.” 

Professor Toa Charm continued to share the development of innovation framework, how the resources and enablers affecting the outputs, with some highlights in important factors such as digital transformation, leadership, and corporate culture. He further shared some successful innovation examples in Hong Kong.

Mr Patrick Wong, Dr Lawrence Wong, Mr. Patrick Lee and Prof Toa Charm also discussed about the importance of corporate innovation. They shared their viewpoints in benchmarking innovation performance and their insights gained in participating corporate innovation index survey. Mr. Patrick Lee said: “If a business does not innovate, the business is losing and will finally fail.”

Seminar Outlines:

• Innovation Output in Hong Kong
• From Corporate-centric Innovation Ecosystem to Startup-centric Ecosystem
• Global Startup Ecosystem Analysis 2021
• Asset Light Businesses Perform and Asset Heavy Traditional World’s Leaders
• Innovation Framework
• Future Development

     -Collaborate with other index companies to enhance recognitions on & technologies

     -Collaborate with Chambers and Associations to strengthen innovation awareness

     -Organize seminars and workshops to encourage corporate innovations

#CII #CUHK #Innovative #Corporate #HKiNEDA #webinar

Thank you, Dr. Toa Charm, Mr. Patrick Wong and Dr. Lawrence Wong for sharing your time and experience!