Corporate Innovation Index(CII)
Design & Methodology
The Corporate Innovation Index (CII) funded by the Innovation and Technology Commission of the Hong Kong SAR Government and developed by the Asia-Pacific Institute of Business (APIB), The Chinese University of Hong Kong. The project aims to provide a holistic assessment of the innovation performance and achievements of companies in Hong Kong. Companies are invited to complete the questionnaire for their performance during the financial year of 2022-2023 or the year ended 31 December 2023.
Innovation Framework
A framework with various dimensions of innovation will provide a meaningful foundation for measuring corporate innovation. A team of innovation experts used systematic review of research findings and practices conclusions to propose an innovation measurement model. Based on the IPO model, Corporate Innovation Index (CII) measures corporate innovation by considering three factors: pre-requisites (input), enabler (process), and value (output). This framework not only indicates corporate’s innovation capability but also helps to identify the innovation activities that need to be improved in the future. The CII framework consists of 12 factors, and each factor is mapped in its corresponding factor (i.e., pre-requisites, enabler, and value). These factors are a combination of both quantitative and qualitative factors.
Data Collection
Based on the Innovation Framework, the project team has developed a measuring tool of corporate innovation and will rank universes of listed and non-listed corporates in Hong Kong. Our CII will measure and rank both (1) technological innovations (e.g. related to Big Data, Artificial Intelligence etc) and non-technological aspects in Hong Kong. We are now recruiting around 100 large corporates and 200-300 SMEs to participate in this measurement and ranking exercise. Hard figures and self-reported survey data will be collected and the project team will then perform rigorous statistical analysis and measurement model fine-tuning the first CII ranking. Top-ranked corporates will be invited to share their innovation journeys in the Hong Kong corporate Innovation Workshop. We will also organize an award ceremony to promote corporate innovation and announce the top-ranked corporates.
Project Development
The project team will develop online training kits describing the framework and measurements of CII. These kits will be made available online. We will also conduct a series of corporate innovation training for business leaders and executives to further strengthen the innovation culture and know-how among Hong Kong corporates. Last but not least is to collect feedback from the first ranking exercise, for refining the measurements for the next one.
Participate In Corporate Innovation Index
As a token of appreciation, participants will receive our CUHK Business School’s latest mask holder as a souvenir after completing the questionnaire. Limited complimentary seats from CUHK Business School Executive Education Programme(s) in 2022 will also be offered to the top-ranked achievers from each industry sectors.
Know More About CII
Participate In Corporate Innovation Index Ranking
CUHK Business School has developed a set of measurement matrices and is now recruiting 100 corporates and 200 SMEs to participate in the Corporate Innovation Index(CII) ranking. Top-ranked achievers will be announced in the award ceremony in the second quarter of 2022, and will be received a certification to commend their effort to empower Hong Kong’s economy through innovation.
As a token of appreciation, participants will receive our CUHK Business School’s latest mask holder as a souvenir after completing the questionnaire. Limited complimentary seats from CUHK Business School Executive Education Programme(s) in 2022 will also be offered to the top-ranked achievers from each industry sectors.
CONTACT US
Phone: (852) 3943 8772
Email: apib@cuhk.edu.hk
Disclaimer: Any opinions, findings, conclusions, or recommendations expressed in this material / event (or by members of the project team) do not reflect the views of the Government of the Hong Kong Special Administrative Region, the Innovation and Technology Commission, or the General Support Programme Vetting Committee of the Innovation and Technology Fund.