Unleashing Hong Kong Youths’ Potentials in Technology Innovation to Build a National Engine for Innovation and Entrepreneurship
Unleashing Hong Kong Youths’ Potentials in Technology Innovation to Build a National Engine for Innovation and Entrepreneurship
Innovation and technology (I&T) is the key driving force of socio-economic development. Entrepreneurship, on the other hand, is an important way to examine and promote I&T outcomes. Having creativity and a vivid imagination, youths are the young blood among entrepreneurs.
In this regard, Our Hong Kong Foundation, in collaboration with the Ministry of Science and Technology Torch High Technology Industry Development Center (China Torch), has published its new report titled "Unleashing Hong Kong Youths’ Potentials in Technology Innovation to Build a National Engine for Innovation and Entrepreneurship".
In recent years, more Hong Kong youths are exploring the opportunity to develop in the mainland, in the hope of making a difference in this vast hinterland. Hong Kong and the mainland are complementary in many aspects. If Hong Kong youths have the chance to actualize their potential in the mainland, it will undoubtedly be a win-win situation for both places.
However, at present, Hong Kong youths often face different obstacles when developing in the mainland, such as not keeping abreast of local entrepreneurial environment and relevant policies. Therefore, this report presents three key messages in a systematic manner, so that Hong Kong youths would have clearer directions and goals when entering the mainland market. At the same time, in light of the pain points young people encounter during the preparation stage of entrepreneurship, as well as those regarding their onsite struggles and living support, we put forth seven major policy recommendations for the mainland and Hong Kong governments, so that they can offer more comprehensive assistance to would-be entrepreneurs in the mainland. Other than integrating platform messages to ease the comprehension of mainland policies and information; facilitating immersion and networking programs offered by universities ; and tackling the dilemma of “unopened big and small doors”, we also suggest enhancing incubators’ efficacy by advancing subsidies for incubated start-ups; bringing together government, businesses and citizens to boost recruitment and employment through job fairs ; introducing a “Patent Prosecution Highway” to optimize patent protection; and improving Hong Kong people’s quality of life in the mainland by prioritizing the optimization of education and healthcare provisions . For details, please refer to the full report.
We hope to unleash the potential of Hong Kong youths in I&T through our recommendations. We believe that this will not only expand the development space for Hong Kong youths and unleash the huge potential of talent flows, but also promote the overall I&T development in Hong Kong and the mainland to jointly build an international I&T hub.
Innovation and technology (I&T) is the key driving force of socio-economic development. Entrepreneurship, on the other hand, is an important way to examine and promote I&T outcomes. Having creativity and a vivid imagination, youths are the young blood among entrepreneurs.
In this regard, Our Hong Kong Foundation, in collaboration with the Ministry of Science and Technology Torch High Technology Industry Development Center (China Torch), has published its new report titled "Unleashing Hong Kong Youths’ Potentials in Technology Innovation to Build a National Engine for Innovation and Entrepreneurship".
In recent years, more Hong Kong youths are exploring the opportunity to develop in the mainland, in the hope of making a difference in this vast hinterland. Hong Kong and the mainland are complementary in many aspects. If Hong Kong youths have the chance to actualize their potential in the mainland, it will undoubtedly be a win-win situation for both places.
However, at present, Hong Kong youths often face different obstacles when developing in the mainland, such as not keeping abreast of local entrepreneurial environment and relevant policies. Therefore, this report presents three key messages in a systematic manner, so that Hong Kong youths would have clearer directions and goals when entering the mainland market. At the same time, in light of the pain points young people encounter during the preparation stage of entrepreneurship, as well as those regarding their onsite struggles and living support, we put forth seven major policy recommendations for the mainland and Hong Kong governments, so that they can offer more comprehensive assistance to would-be entrepreneurs in the mainland. Other than integrating platform messages to ease the comprehension of mainland policies and information; facilitating immersion and networking programs offered by universities ; and tackling the dilemma of “unopened big and small doors”, we also suggest enhancing incubators’ efficacy by advancing subsidies for incubated start-ups; bringing together government, businesses and citizens to boost recruitment and employment through job fairs ; introducing a “Patent Prosecution Highway” to optimize patent protection; and improving Hong Kong people’s quality of life in the mainland by prioritizing the optimization of education and healthcare provisions . For details, please refer to the full report.
We hope to unleash the potential of Hong Kong youths in I&T through our recommendations. We believe that this will not only expand the development space for Hong Kong youths and unleash the huge potential of talent flows, but also promote the overall I&T development in Hong Kong and the mainland to jointly build an international I&T hub.
