In January 2013, Forbes named magazine Hong Kong one of the international top locations for technology, whose Talente of the metropolis can pave the way to a ‘Techonomy’. “In January 2013, which named Forbes magazine Hong Kong one of the international top locations for technology whose talents of the metropolis, the way to a Techonomy” can pave. Also placed Hong Kong in the global innovation index (GII), which will be published the INSEAD business school, University and the World Intellectual Property Organization annually by Cornell, ranked 7th in the world and 1st in the Asian rankings and thus overtook Singapore. Nicholas Brooke, Chairman which Hong Kong Science and Technology Parks Corporation (HKSTP), is also convinced that the city can become a strong player in the innovation and technology sectors. Founded in 2001, Hong Kong Science Park offers young entrepreneurs and enterprises (R & D) facilities, services and sponsored programs in five technology clusters. In the Science Park we have demonstrated that we can create an environment with adequate financial support, successfully conducting research for innovative solutions and products in the companies, they implement commercially and distribute;”Brooke explains the concept and added that Hong Kong will benefit also from the know-how and the research expertise of the universities.
The strength of the metropolis was previously the implementation and commercialization of new ideas and not research. In the future, innovation and technology will be important. Since beginning of the HKSTP’s incubation programs provided funding graduates of more than 99 million USD have been. This led to the registration of 543 patents and awarded 250 of technology and design awards. Participants in a programme’s Chuck Cheng, founder and CEO of AppoTech, a developer of circuit structures. Founded in 2003, the company employs today 250 employees and recorded an annual operating income $ 64 million with an annual growth of 30 percent.