In an interview with The Greater Bay Area Education Think Tank, Prof. Christopher CHAO, Vice President (Research and Innovation) and PReCIT Director of PolyU stated that Hong Kong offers abundant opportunities for industrial development despite its small area. To commercialise research outcomes, collaboration with cities in the Greater Bay Area and the industrial chain across the nation is crucial. The top-notch local universities could conduct research for the intermediate goods for the industrial chain.
He also pointed out that Hong Kong is attractive to international talents for its international city with close proximity to the mainland market in massive demand, making it a significant gateway for Western enterprises to enter the mainland market.
However, Prof. CHAO noted that HKSAR government's subsidies for entrepreneurs are insufficient, posing challenges in attracting top talent. To address this, PolyU is actively strengthening international scientific research cooperation, increasing exchange activities, and enhancing Hong Kong's global influence in the research community.
He added that PolyU is preparing to establish multiple research institutes in mainland China to nurture Doctors of Engineer and to boost the number of startups in the mainland, in order to support local economic development and talent retention.
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