Corporate Innovation Index 2023 – unlocking Innovation
Potential among the SMEs
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 five objectives:
- Promote the awareness and importance of innovation to Hong Kong Corporates and subsequently the Hong Kong economy in the fast-changing, digital age,
- Develop a Corporate Innovation framework and measurement instruments to assess the overall innovation spirit and culture of Hong Kong corporates, as well as to measure their innovation capabilities and achievements of individual Hong Kong corporates,
- • Recognize top-ranked innovative Hong Kong corporates and facilitate participating corporates to benchmark with and learn from industry leaders,
- Strengthen the innovation capabilities of Hong Kong corporates and business leaders in Hong Kong through education and training (e.g., through case study and best practice training on corporate innovations as they apply to Hong Kong corporates or to international corporates already operating in Hong Kong or considering operating in Hong Kong), and
- Inform policymakers on the state and current trends of innovation in the HK corporate landscape in order to formulate or supplement public policies to advance the sustainability, competitiveness, and reputation of Hong Kong corporates, both at a local level and an international level.
Intended Impacts On The Innovation & Technology Ecosystem
- Hong Kong Society
- Strengthen innovation awareness and innovation culture for the companies and people in Hong Kong
- Leverage innovation & technologies to drive long term productivity, job creation, and economic growth in the digital economy
- Corporates and SMEs
- Develop an innovation framework and measurement metrics unique to HK companies
- Improve corporate innovation through benchmarking the CII performance with industry leaders
- 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’ knowledge on the innovation gaps in 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.
Mr. Patrick LEE (Chairman) |
Convener, Smart City Working Group, The Hong Kong General Chamber of Commerce |
Prof. Waiman CHEUNG (Secretary) | CUHK Business School, The Chinese University of Hong Kong |
Prof. Chun Kwong CHAN | Faculty of Engineering, The Chinese University of Hong Kong |
Prof. Dominic CHAN | CUHK Business School, The Chinese University of Hong Kong |
Mr. Eric CHAN | Chief Public Mission Officer, Hong Kong Cyberport Management Company Limited |
Mrs. Eunice CHAN | Chief Operating Officer, HSBC Hong Kong |
Mr. Matthew CHAN | Chief Digital Officer, Jardine Restaurant Group |
Prof. Toa CHARM | CUHK Business School, The Chinese University of Hong Kong |
Ms. Yvonne CHE | Chief Executive Officer, Joint Electronic Teller Services Ltd |
Ms. Vivien CHIU | Chief Operating Officer, Hang Seng Bank Limited |
Ms. Winnie HO | Senior Director, Policy & Research, The Hong Kong General Chamber of Commerce |
Mr. Eugene HSIA | Chief Corporate Development Officer, Hong Kong Science and Technology Parks Corporation |
Mr. Andrew LING | Head of Industry Customer Advisory, SAP Hong Kong |
Mr. Chris SO | Head of Business Development, Hong Kong & Macau, Amazon Web Services |
Mr. Lee-Han TJIOE | General Manager and Senior Partner, IBM Consulting Hong Kong |
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
Mr. Chris AU YOUNG | General Manager, Smart Airport. General Manager, Data Analytics, Airport Authority Hong Kong |
Mr. Eric CHAN | Chief Public Mission Officer, Hong Kong Cyberport Management Company Limited |
Mrs. Eunice CHAN | Chief Operating Officer, HSBC Hong Kong |
Mr. Joe CHAU, JP | Life Honorable President & Executive Consultant, The Hong Kong General Chamber of Small and Medium Business |
Dr. Ludwig CHANG | Hong Kong Baptist University |
Mr. Eugene HSIA | Chief Corporate Development Officer, Hong Kong Science and Technology Parks Corporation |
Mr. Steve CHUANG | Executive Deputy Chairman, Federation of Hong Kong Industries |
Ms. Vivien CHIU | Chief Operating Officer, Hang Seng Bank Limited |
Mr. William GEE | Partner, Innovation and Digitalization, PwC Mainland China and Hong Kong |
and | Key members of the Research Team |
Support From Industry & Tech Ecosystems,
Sponsor Companies & Organizations
Strategic Partner:
- The Hong Kong General Chamber of Commerce
Industry Partner:
- The Federation of Hong Kong Industries
Sponsors (in alphabetical order)
- Amazon Web Services Hong Kong Limited
- Family Office Association Hong Kong
- Frutodor Ltd
- Hang Seng Bank Limited
- Hong Kong Air Cargo Terminals Limited (Hactl)
- Hong Kong Cyberport Management Company Ltd
- Hong Kong Science and Technology Parks Corporation
- IBM China/Hong Kong Limited
- Joint Electronic Teller Services Ltd
- Midland Holdings Ltd
- The Hongkong and Shanghai Banking Corporation Limited
- Welab Bank Limited
Participate In Corporate Innovation Index Ranking
CUHK Business School has developed a set of measurement matrices and is now recruiting 130 corporates and 200 SMEs to participate in the Corporate Innovation Index(CII) ranking. Top-ranked achievers will be announced in the award ceremony 2024, and will be received a certification to commend their effort to empower Hong Kong’s economy through innovation.
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.