Our Belief

As part of our vision of supporting and promoting respect for and appreciation of differences in ethnicity, gender, age, national origin, disability, education, and beliefs. We bring with us diverse perspectives, work experiences, life styles and cultures.

Diversity is a source of innovation.

Inclusion is focusing on the needs of individuals and ensuring the right environment for each person to achieve his or her full potential. Inclusion should be reflected in our organisation’s culture, practices and relationships that are in place to support a diverse workforce.

Inclusion is a driver for innovation.

In simple terms, diversity is the mix; inclusion is getting the mix to work well together.

However, diversity alone can be damaging for individuals and organisations: lower revenue, performance, employee morale and wellbeing, along with slower decision making, increased conflict, absenteeism, missed opportunities, and discrimination.

But when coupled with an inclusive culture, diversity delivers higher performance, less absenteeism, more customer satisfaction and greater innovation.

The Opposite of Diversity - Populism

The meaning of populism varied widely over centuries, and the term has been used in loose and inconsistent ways to denote appeals to "the people”. Recently, the definition of Populism includes comparison, pitting popularity and the common people against a set of elites and/or dangerous ‘others’ who are together depicted as depriving (or attempting to deprive) the sovereign people of their rights, values, prosperity, identity, and voice. Unfortunately but factually, the technology experts are indeed the elites and the populism will sidetrack or distort the technology directions and strategy. Populism mutes innovation because the majorities are usually unable to share the vision of a passionate few.

The Opposite of Inclusion - Exclusion

Exclusion is different. It excludes others based on their support or opposition for an agenda almost entirely on how it affects them personally. There are situations that a group of people may exclude the few, but their agenda are for each of his own self-interest(s).

There are three kinds of exclusion: Social Exclusion, Community Exclusion and Professional Exclusion.

Social exclusion at the individual level results in an individual's exclusion from meaningful participation in society. Many communities experience social exclusion, such as race, birthplace, and ancestry. Some regard that marginalisation of migrants is a product of colonisation. Some intellectuals and thinkers are marginalised because of their exposure, experience, and dissenting, radical or controversial views on a range of scientific related topics and or knowledge.

Exclusion and populism are detrimental to valuing differences and therefore to the success of innovation.

The world history of economies has taught us that almost all new regional economies were developed as a result of new migrants internally or externally.

This is because settled migrants, become comfortable and lose that spark or hunger they possessed when they arrived. They may not be comfortable with new migrants and their different styles and approach they may bring. Some parties may not be at all comfortable with the new migrants for the concern of protecting their jobs, their settled life-style that they have created over time and is the local norm.

For example, Hong Kong became a world economic city because of the migrants from China in the 40’s, 50's and 60's. Then, when the exclusion culture develops, it starts to lose its competitiveness and becomes introverted.

For example, Silicon Valley is a place full of new immigrants from Western and Asian cultures, and from other parts of the US and the America’s. This continuous flow of migrants, since the 1970's, has rejuvenated the life force of Silicon Valley.

Our approach here is to highlight and emphasis of the importance of valuing these differences. This is indeed is a challenging conundrum, which requires focus, and to be taken on board in what we do in life.

We believe that “Valuing differences” is a necessary effort that requires constant self-assessment, refinement and recommitment.

Bringing innovation back into Education and Research

Universities nurture the minds and souls of our successors to assist future societal development with innovative ideas. However, to become commercially viable, innovation must overcome a number of basic challenges. For example, cost, reliability, market acceptability and manufacturability are mandatory requirements. Sufficient attention has not been paid by academic institutions to this perspective.

To increase the chance of successful commercialization there must be constant dialog with industry, which helps the curriculum to stay current, train graduates adequately to meet industrial demands while creating industry awareness of cutting edge research that can be applied to solving lucrative problems in real world settings. Thus, close collaborations between industries and academia can produce a win-win situation.

One option is to encourage professors, including those who are already tenured, to refresh and/or broaden themselves by spending time in a line-management or advisory capacity in the commercial world to gain experience in the demands of the business world.

Develop and Brand Intellectual Property

Innovation is a process through which new ideas are generated and put into commercial practice. This process is a key force behind the economic growth and competitiveness. Innovation must be protected by the rights of Intellectual Property (IP) in order to distinguish from the competitors and to lead the market.

The development of an innovation hub rests with riding on Hong Kong’s historic and current natural advantage as the gateway into and out of China. Hong Kong has been a world-class transportation hub for both air and sea traffic/cargo. Using that as an analogy, the government should be encouraged to create a network of intangible superhighways and their related intangible logistics infrastructure. Foreign and local businesses would then seize opportunities to build knowledge businesses next to these highways, and exploit the logistics support to create, buy, sell and trade their intellectual assets along these intangible highways.

The Situation in Hong Kong

The value of IP includes not just trademark and copyright but also patents. The current system in Hong Kong is a registration system. It has no capability and resources to examine patents developed in Hong Kong. The reasons for such setup may rest on (i) the few, very few, patent applications (ii) the cost and time for building up the resource and capability, and (iii) the lack of recognition of Hong Kong in this area.

IP Education, Creation and Infrastructure

Probably over 90% people don’t appreciate the value of IP because there has not been any business success in Hong Kong based on IP. Yet, for the public to respect the value of IP (not just the law of IP), there has to be success story based on IP developed locally but registered in elsewhere.

For any business entity, they will choose the most effective and efficient way to file for patent, which is to apply at the US Patent and Trademark Office because it is well respected and it will enforce the patents it granted without hesitations. Therefore, there is no point for the Hong Kong government to develop any capability to examine patents itself.

However, IP creation can be and should be encouraged and instigated with the understanding that IP registration is an entirely different matter. Therefore, we would propose that the government focuses its energy and resources on building a knowledge infrastructure because emphasizing R/D as IP infrastructure is useless if there is no IP. The IP infrastructure would assist people to realize what is “good” IP versus what is “not” or “bad” IP – so again, education is important and, of course, technical and sound engineering understandings are fundamental. Once the infrastructure is built and companies around the world see the many competitive advantages, they will invest in the resources to do start their own R&D projects and subsequent commercialization. This can become the driving force for stimulating all other sectors of the economy in Hong Kong and provide the future generations with very bright prospects in a knowledge economy.

We would like to provide skills, exposures, and knowledge to our members so that they can develop spherically in all dimension.

We shall offer and organize events such as seminars, round tables, forums, and sessions for members to participate. More importantly, we shall offer internal training on intangible and soft skills that often accompany a successful entrepreneur or professional on topics such as “how to be a mentor”, “how to close business deals”, and “how to deal with difficult people”.

Other approaches we may explore in professional development may also include utilization of case studies, use of simulated environment/situation with video feedback, and giving direction to prepare to address certain subjects.

We believe that our members, with the improved skills and extended exposure, will become a better asset themselves, for us and, most of all, for the general public.

Converge Emerging and Enabling Technologies

Technology is the greatest driver of change in the modern world. New areas of technology/product frequently result from convergence of different systems and different technologies, which are part of the emerging technology and enabling technologies.

Focus - Technology Convergence -1

Focus - Technology Convergence -2

Rejuvenate Technology Co-operation and Trade Technology cooperation and trading arise basically from two main sources: (i) the international spillover from their domestic (and/or corporation) policies designed to enhance the technological capabilities of the home-based firms and (ii) from policies targeted at opening foreign markets.

Requirements and limitations

  1. Hong Kong has been a trade centre of many businesses. Therefore, it is well understood that trading is a value-added function: it is the economic process by which a product finds its end user, in which specific risks are borne by the trader.
  2. All trading businesses, especially involving technology require the middle-person to know the products to be traded and the needs of the customers, at least superficially. In technology products, superficial knowledge are insufficient.
  3. The added value for a trader becomes a more important factor when it deals with technology because of the higher profit implications and the confidentiality concerns.
  4. No country (USA, UK, Germany, France and Japan included) will allow trading of their truly advanced technology to Hong Kong, China. They will protect such technologies carefully and consistently.
  5. When the added value is meaningful to the source, the profit resulted from technology or products traded would be more attractive.

The added values, particularly for the technology cooperation and trade, needs more attention as it is perceived to be one of the key elements, if not the most important.

And if we were to be bold, we would target ourselves (that is Hong Kong) to be the source as well as the trader. This would strengthen our position of technology cooperation and allow us to proceed forward to IP creation.

Advocate Technology Policies that sustain innovation. Let’s formulate the Technology Policy backward. Let’s start from the fruit of success and, also at same time, map from the present situation. (This section is not intended to provide the path or the ingredients progressing from the current environment. As we move forward, we shall showcase relevant articles and expert opinion.)

The ultimate fruits are:

  • risk capital culture, driving venture capitalists to invest where others fear and where financial returns match the risks taken,
  • risk employment culture, driving people to forego the financial stability that employment in a large corporation brings and work in a startup in order to achieve technological success and financial independence,
  • celebrate success culture, under which making money is as important as advancing technology and creating a successful product,
  • learn from failure culture, where failure is acknowledged as much as success because there are important lessons that entrepreneurs carry from each failure to their next effort,
  • and finally a hero culture that celebrates technology entrepreneurs as heroes.

The current infrastructures:

  • Excellent judicial system
  • Great educational institutes
  • Skilled financial workforce
  • Cyberport and Science Park
  • Individual co-working space
  • Government grants
  • Government matching investment fund

The current cultures:

  • Trading mindset
  • No tolerance of failure
  • Exclusion
  • Low tech -> good business (play safe?)