2014-8-29

1. On Innovation
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Charles Mok
HKETA Symposium on Innovation and
Technology 2014
2014.08.29

2.  A new idea
 A new way to do thing
 Fulfill a need
 Technology related
 R&D driven
 Driver for competitiveness
 “The Edge”
What’s an innovation?

3.  Changes in industry and market structures
 End-user driven
 Technology enabled
 Crisis and any difficult situations
 Asking lots of right questions
 Of course, the innovators
Sources of innovation

4.  Mobile: iOS, Android
 Social media: Facebook, Twitter, etc.
 Cloud computing platforms: AWS, Azure, etc.
 Financial platforms: PayPal, AliPay, etc.
 Open source platforms
 Lower cost, bigger market
Rise of innovation platforms

5.  Entrepreneurs / Talents
 Funding
 Market
 Public policy catalyst?
Innovation ecosystem

6.  More than a big perceived demand
 The easiest things to do?
 The right things to do?
 A case to make: Fintech
 Innovate to dominate
Finding core competencies

7.  Education
 R&D support
 Financial policies
 Support measures
 Lead in adoption
 Innovation and Technology Bureau
Role of government

8. Reengineering,
innovating
mindsets
{ Thank you