HKSTP Wins Most Innovative Technology Hub at The New Economy Awards 2015

News provided by

The Hong Kong Science and Technology Parks Corporation

Jul 23, 2015, 11:00 ET

HONG KONG, July 23, 2015 /PRNewswire/ -- The Hong Kong Science and Technology Parks Corporation ("HKSTP") has been given the prestigious accolade of "Most Innovative Technology Hub" by The New Economy magazine for its world-class position in fostering innovation and technology development amongst all places in the Asia-Pacific region.

As a leading innovation and technology hub, Hong Kong Science Park is run under HKSTP's core 3Cs approach -- connect, collaborate and catalyse. By providing state-of-the-art facilities and comprehensive value-added services in such a vibrant innovation ecosystem, HKSTP brings social and economic benefits to the Asia-Pacific region and the world through nurturing world-class innovation talents and commercialising life-changing technologies.

Innovation elites from the Hong Kong Science Park develop innovations surrounding three main themes -- smart ageing, robotics and smart cities which will meet human race’s needs for a better future. To tackle this they focus on the R&D of Biomedical Technology, Material and Precision Engineering, Information & Communications Technology, Electronics and Green Technology.

The three innovations highlighted in this picture show a glimpse of some of the early stage achievements from the innovations nurtured in Hong Kong Science Park, spanning the three over-arching cross-disciplinary R&D themes that HKSTP is actively facilitating -- Healthy Ageing, Robotics and Smart City.

The award has been given by The New Economy, a UK-based innovation and technology magazine and website with a large international readership. This distinguished honour recognises HKSTP's contribution as a promoter of innovation, fostering and commercialising technology breakthroughs with unique and pioneering approaches.

Through its annual awards, The New Economy recognises the exceptional achievements of companies and individuals in areas such as technology, energy, business and strategy landscapes. Along with the readers of The New Economy, the panel consists of business journalists and top leaders from corporations and academia. It selects the award winners based on a great variety of criteria including R&D, leadership, diversity, strategy, sustainability and an array of desirable qualities.

"We are truly honoured to be recognised by The New Economy, an international publication with considerable global stature," said Mr Allen Ma, Chief Executive Officer of HKSTP. "This award reaffirms our achievement as a leading technology incubator and business connector in the region."

HKSTP accelerates start-ups and international technology conglomerates to deliver research breakthroughs that will bring innovative solutions to answer the world's emerging challenges. Through its state-of-the-art facilities including Hong Kong Science Park and three industrial estates, the Corporation establishes a thriving innovation and technology ecosystem to bring the rest of the region and the whole world together, building a stronger and more substantial innovation ecosystem that attracts attention, investment and talents.

"HKSTP stood out amongst other nominees and the award is well-deserved," noted a representative of The New Economy's award programme. "By providing advanced facilities and professional value-added consultancy services, HKSTP elevates the level of innovation in the Asia-Pacific region, brings members of their ecosystem international recognitions and enables a significant return of support and investment from different sectors of the community. Such a committed leader indeed plays an indispensable role in enhancing people's livelihoods through technological advancement."

HKSTP has made groundbreaking achievements over the years. The Corporation has groomed over 500 incubatees under its custom-made incubation programmes, namely Incu-App, Incu-Tech and Incu-Bio, which nurture start-ups and support technology companies on their applied research projects covering robotics, healthy ageing and smart cities, three over-arching themes that are closely related to our well-being in future.

The accomplishments made by the members of HKSTP's ecosystem have been remarkable. This year, over 80 awards were received, including the Grand Prix Du Salon award and five Gold Medals from the 42^ndInternational Exhibition of Inventions of Geneva. Today, over 11,000 technology experts are employed by more than 500 companies in Hong Kong Science Park.

More information about HKSTP is available at www.hkstp.org.

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SOURCE The Hong Kong Science and Technology Parks Corporation