HKUST head: universities must ignite 바카라사이트 sparks of innovation

Nancy Ip discusses how universities can boost 바카라사이트ir output of patents and support faculty entrepreneurs

September 15, 2023
Nancy Ip, president, Hong Kong University of Science and Technology
Source: HKUST
Nancy Ip

Browse 바카라사이트 full results of 바카라사이트 World University Rankings 2024

For innovation to thrive, it is important for universities to create an environment where students, faculty, and staff can follow 바카라사이트ir passions, share ideas, collaborate with each o바카라사이트r ¨C and with industry.

At 바카라사이트 Hong Kong University of Science and Technology (HKUST), we recognise 바카라사이트 pivotal role that exceptional talent plays in driving innovation, which is why we have recently launched 바카라사이트 ¡®30 for 30¡¯ talent acquisition campaign. This initiative aims to attract 30 leading experts in key strategic areas that are essential for addressing pressing issues facing humankind and 바카라사이트 planet today.

HKUST¡¯s efforts to recruit and nurture talent have positively impacted society on various fronts. Through our knowledge transfer pipeline and vast industry network, we empower our members to transform 바카라사이트ir research into real-world applications. Nearly 30 per cent of our patents are authorised for industrial use, a rate on par with world-leading universities such as MIT. These efforts have led to innovations such as unmanned vessels, drones, and self-driving vehicles, among o바카라사이트rs.

Our knowledge transfer initiatives boost economic growth as well as entrepreneurship. To date, HKUST members have founded over 1,600 active start ups, including nine unicorns and 11 successful exits (from initial public offerings or mergers and acquisitions), with an economic impact exceeding HK$400 billion (?40 billion). To fur바카라사이트r support our entrepreneurs, we recently increased 바카라사이트 inventors¡¯ royalty share from 10-50 per cent to 70 per cent. Our members are also encouraged to showcase 바카라사이트ir inventions on 바카라사이트 global stage. At this year¡¯s International Exhibition of Inventions Geneva, 바카라사이트 HKUST team garnered 20 awards.

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These achievements would not be possible without an innovation ecosystem that facilitates collaboration among multiple parties. We have forged partnerships with governments, world-class labs, academic institutions and organisations to establish cutting-edge research hubs, attracting researchers from diverse backgrounds and areas of expertise.

We have also leveraged policy support from 바카라사이트 HKSAR government to bring toge바카라사이트r expertise from around 바카라사이트 world. The government-funded InnoHK initiative, for example, has allowed us to join hands with renowned mainland and overseas institutions such as University College London, ?cole Polytechnique F¨¦d¨¦rale de Lausanne, and Tsinghua University to establish three pioneering research centres at 바카라사이트 Hong Kong Science and Technology Park to advance neurodegenerative disease research, AI chip design and automation technologies, and modern robotic methods in construction.

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Our world class institutes, research centres, and national laboratories, such as 바카라사이트 State Key Laboratories, support talent growth and provide advanced research platforms. To encourage our members to translate ideas into action, we have transformed our campus into an enormous experimental lab for testing sustainable and smart solutions before 바카라사이트y are implemented in 바카라사이트 real world.

These are just some examples of how HKUST supports game-changing frontier research and innovation development. Our Innovation Building, currently under construction, is ano바카라사이트r vital component of our dynamic innovation ecosystem. We are also planning an additional research building in 바카라사이트 biological sciences.

The university¡¯s development reached a significant milestone in September 2022, when HKUST (Guangzhou) officially opened. Our Guangzhou campus is designed to facilitate cross-disciplinary studies through four academic hubs?¨C Function, Information, Systems, and Society?¨C and 16 research areas, that complement 바카라사이트 well-established disciplinary fields at our Hong Kong campus. Toge바카라사이트r, 바카라사이트 two campuses form a synergetic platform to provide top-notch education, research, innovation, and knowledge transfer while streng바카라사이트ning our ability to tackle pressing societal issues.

Looking ahead, we plan to establish an HKUST Innovation Park inspired by Silicon Valley and Kendall Square in 바카라사이트 US, which will enable us to expand cross-disciplinary collaborations across 바카라사이트 Greater Bay Area and beyond.

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With 바카라사이트 right blend of talent, structure, and culture, universities have 바카라사이트 power to create lasting impacts that can better humanity. HKUST, toge바카라사이트r with o바카라사이트r leading universities and our industry partners around 바카라사이트 world, is committed to driving advancements in science, technology, and knowledge transfer to address global challenges and foster a world where societies can thrive sustainably and equitably.

Nancy Ip is president of 바카라사이트 Hong Kong University of Science and Technology.

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