Corporate Innovation Index 3.0:

Advancing Hong Kong Corporate Innovation with Strategic Benchmarking and Best Practice

Corporate Innovation Index

An innovation management and assessment tool to promote corporates’ innovation culture and to enhance corporate innovation capabilities and achievements in both large and small corporates in Hong Kong.

What Is A  Corporate Innovation Index (CII) ?

In response to the SAR Government’s call for developing HK into an Innovation Hub of the Region, we propose to:

  • Establish a conceptual framework of corporate innovation that is suitable for HK in the digital age,
  • Develop a set of measurement matrices and recruit 100 corporates and 200 SMEs to participate in the Corporate Innovation Index ranking, and
  • For sustainability, (i) produce guidebooks and online, quick CII measurement tools; (ii) conduct workshops and training sessions for business leaders; (iii) repeat the ranking exercise.

 

This project is funded by the Innovation and Technology Commission (ITC) of the HKSAR, under the General Support Scheme (GSP).

 

Objectives

This project aims to achieve the following seven objectives:

  • Develop Corporate Innovation Index 3.0: Update the framework and conduct assessments to recognize top-performing companies through an award ceremony.
  • Perform In-Depth Analysis of Three CII Terms: Examine longitudinal data to identify trends among resources, enablers, and outcomes of corporate innovation for strategic insights.
  • Establish Strategic Benchmarking and Best Practices: Share best practices to help businesses assess performance and adopt effective innovation strategies.
  • Strengthen SME Innovation Capabilities Through Tailored Training: Create tailored training programs for SMEs to address challenges and promote competitiveness.
  • Provide Actionable Insights to Policymakers and Stakeholders: Use analysis findings to offer evidence-based recommendations for public policies that foster innovation.
  • Foster Collaboration and Knowledge Sharing:: Encourage partnerships among corporates, SMEs, and innovation enablers through seminars, workshops, and online platforms.
  • Promote Hong Kong as an International Innovation Hub: Highlight Hong Kong’s innovative companies and foster an innovation culture to position it as a global leader in innovation.

Intended Impacts On The Innovation & Technology Ecosystem

 Hong Kong Society

  • Strengthen innovation awareness and innovation culture for the companies and people in Hong Kong
  • Highlight Hong Kong’s role as a global innovation hub to inspire broad societal participation in innovation

 

 Corporates and SMEs

  • Develop tailored training programs addressing regional challenges to equip SMEs and corporates with practical innovation tools
  • Integrate an SME Innovation Toolkit to enhance innovation assessment and capability-building

 

 Business Investors

  • Provide a reference for large corporates to make investment decisions on innovation & technologies
  • Provide investors with a reference on the innovation capabilities of their investing corporates

 

 Policy Makers

  • Provide objective and scientific analysis to formulate innovation and technology policies and schemes
  • Create a favourable, innovative business environment to attract innovative talent and foreign companies to Hong Kong

 

 Tech Start-ups

  • Strengthen start-ups’ understanding of innovation gaps within corporates and SMEs

 

Steering Committee

  • To advise the CII project on the direction, development and implementation of the project;
  • To monitor and review the overall progress of the CII project; and
  • To advise the CII project on the way forward including promoting and enhancing corporate innovation capabilities and achievements for both large and small corporates in Hong Kong.

Members: TBC

Expert Panel

  • Provide advice on the composition of the Hong Kong Enterprise Innovation Index with reference to international trends and developments;
  • Review the methodology for the composition of the Enterprise Innovation Index;
  • Optimize the enterprise innovation index model; and
  • Develop and lead the calibration and ranking of the Enterprise Innovation Index

Members: TBC

Support From Industry & Tech Ecosystems,
Sponsor Companies & Organisations

Strategic Partner:

  • The Hong Kong General Chamber of Commerce

Sponsors (in alphabetical order)

  • Airport Authority Hong Kong
  • Canossa Hospital (Caritas)
  • Frutodor Trading Limited
  • Hang Seng Bank Limited
  • Hong Kong Air Cargo Terminals Limited (Hactl)
  • Hong Kong Cyberport Management Company Limited
  • Hong Kong Science and Technology Parks Corporation
  • Joint Electronic Teller Services Limited
  • RaSpect Intelligence Inspection Limited
  • Ricoh Hong Kong Limited
  • S.F. Express (Hong Kong) Limited
  • The Bank of East Asia, Limited
  • The Hong Kong and China Gas Company Limited
  • Welab Bank Limited

Contact Us

    Phone: (852) 3943 7423
    Email: hkcii@cuhk.edu.hk

Enquiry

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.