INNOVATION AND TECHNOLOGY

Start-Up Hong Kong: The Academia-Entrepreneur Interface

22 April 2021

Miles Wen, founder and CEO of Fano Labs, told HKTDC Research that the academia-entrepreneur interface helps expedite the commercialisation of R&D achievements. In addition, entrepreneurs can build up personal connections, obtain valuable experience in entrepreneurship and broaden their horizons through the exchange of ideas within the academic network. More

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Start-Up Hong Kong: The Appeal to External Entrepreneurs

14 April 2021

Hong Kong’s entrepreneurial environment has heated up in recent years, while the support given to local start-ups has also encouraged non-locals to set up their businesses in the territory. Julia Liu, founder of Hong Kong Bio-Rhythm R&D Co Ltd, and sales and marketing director Daniel Cheng discussed the advantages of doing business in Hong Kong and their expectations of the development of the Guangdong-Hong Kong-Macao Greater Bay Area. More

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Start-Up Hong Kong: The Biotech Boom

30 March 2021

Making use of disposable microfluidic “Lab-on-Chip” (LOC) technologies and portable and rapid testing instrument, a local biotech start-up Sanwa BioTech has developed a rapid virus testing device that helps shorten the waiting process and reduces the overwhelming workload of laboratory staff. Sanwa’s Chief Executive Officer Kelvin Chiu shared with us Hong Kong’s experience in developing biotech and his views on the local start-up ecosystem. More

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Healthtech Innovations: Non-Invasive Ultrasound Ocular Drug Delivery Technology

23 March 2021

Intravitreal injection is the common method of treating retinopathy but it involves a certain degree of risk and may also come with side-effects. Opharmic Technology founder and CEO Langston Suen and his team have developed an ultrasound-mediated non-invasive drug delivery technology which, using the sclera as the medium for delivery, guides the drug directly from the episclera to the retina. By so doing, it spares patients an invasive procedure. More

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Hong Kong Start-Up Survey: Opportunities and Challenges in the Greater Bay Area

22 February 2021

A HKTDC Research survey shows that nearly half of Hong Kong start-ups were interested in expanding into the GBA market, yet different institutional systems and the uncertain market conditions there have exacerbated the difficulties. However, opportunities still exist in the GBA depending on the nature of their business, with start-ups whose activities are in line with the directions of the GBA’s overall development poised to benefit. More

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Hong Kong Start-Up Survey: Strengths and Weaknesses of the Ecosystem

16 February 2021

A study conducted by HKTDC Research found that start-ups are satisfied with the support provided by the Hong Kong government, yet opportunities for raising funds in the private market are few and far between. While respondents recognised the advantage in accessing overseas markets, they considered the technical ability of local workforce rather low. Companies in trending industries tend to be more satisfied with the domestic start-up ecosystem. More

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Hong Kong Start-Up Survey: Entrepreneurs and Businesses

10 February 2021

HKTDC Research conducted a questionnaire survey and in-depth interviews in mid-2020 about the domestic start-up ecosystem. The survey found that local entrepreneurs are young, highly educated people who want to develop new products by starting their own business. Their start-up capital mainly comes from personal savings, government funding and bank loans, ranging from hundreds of thousands of Hong Kong dollars up to several million. More

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Hong Kong Start-Up Survey: Ecosystem Overview

04 February 2021

While Hong Kong’s start-up ecosystem continues to grow, its overall performance still has room for improvement. HKTDC Research conducted a questionnaire survey and in-depth interviews with local start-ups in mid-2020. The survey findings were used to create an analysis of the strengths and weaknesses of Hong Kong’s start-up ecosystem, based on the six key elements of entrepreneurship (culture, policy, human capital, support, finance and markets). More

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Start-Up Hong Kong: Boosting Local R&D Via Enhanced Test Facilities

14 December 2020

Stanley Poon, founder of Cypress Bio-Tech Co Ltd, was deeply concerned with the threat of Zika virus, and began to pursue the idea of producing mosquito-repellent products. Michael Choi, the Chief Technology Officer, shared the history of its products from R&D to market launch, and discussed the hurdles to local product R&D which he encountered, including a lack of versatility in Hong Kong testing services. More

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Start-Up Hong Kong: Reinventing Hong Kong’s Fintech Regulatory Regime

07 December 2020

The Smart Investment Advisor platform from Contrendian enables investors to manage their portfolio easily by obtaining advice via the platform. Frank Ho and Walter Cheung, the co-founders, talked about Hong Kong’s fintech market. They believe the conservative supervision has held back start-ups’ efforts to roll out novel products. They are looking forward to an improved regulatory environment which is responsive to technological developments. More

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