Hong Kong’s PolyU and Shenzhen University jointly establish The Greater Bay Area International Institute for Innovation
On 18 July 2018, The Hong Kong Polytechnic University (PolyU) and Shenzhen University (SZU) announced that they will jointly set up The Greater Bay Area International Institute for Innovation (GBA I3). The collaboration is aimed at developing the Guangdong-Hong Kong-Macau GBA into a world-class innovation hub.
Leveraging the resources of both universities, and in collaboration with renowned institutions and enterprises worldwide, the Institute will provide a solid platform for nurturing innovative technology talents, advancing technology and innovation development, and incubating high-tech entrepreneurs. It will offer innovation and technology talents of Hong Kong, the Chinese mainland, and the world more opportunities for development in GBA and the globe.
Professor Timothy W. TONG, President of PolyU, and Professor LI Qingquan, President of SZU, signed a Memorandum of Understanding for the establishment of the Institute at the PolyU campus.
The signing ceremony was witnessed by Mr Nicholas W. YANG, Secretary for Innovation and Technology, The Government of Hong Kong SAR; Mr ZHANG Zongming, Associate Counsel, Education, Science and Technology Office, Liaison Office of the Central People's Government in the Hong Kong SAR; Mr SHA Xinhua, Associate Counsel, Shenzhen Science, Technology and Innovation Commission; Mr CHAN Tze-ching, Council Chairman of PolyU.
Representatives from tertiary education and industry sectors of Hong Kong and Shenzhen were also present.
Both PolyU and SZU have excellent track records showcasing their achievements in innovation, technology, and entrepreneurial development, and the two universities have been collaborating on various innovation and education initiatives for an extended period of time. The set-up of the Institute is meant to further capitalise on the complementary strengths of both universities and also advance innovation, technology and the development of the Greater Bay Area as promulgated by the Central Government.
In the short-term, upon the establishment of the Institute, PolyU and SZU will open up their resources for mutual use and jointly organise innovation and entrepreneurship exchange activities. These will include sharing of innovation space resources, organizing entrepreneurship training camps and international exploration activities, and opening up the innovation and entrepreneurship programmes of PolyU and SZU for students, alumni and collaboration partners of both universities to participate.
The short-term collaboration of the two universities will also include the establishment of the Lean Launchpad Plus (LLP+) programme, which is an entrepreneurship practice used to review and develop business models based on surveying and learning from customers. Taking reference of the Lean Launchpad Programme operated by PolyU and overseas institutes, LLP+ will focus on the key industries of GBA and Shenzhen, so as to provide a tailor-made programme to help techno-entrepreneurs commercialise their research innovations.
In the medium- to long-term, PolyU and SZU will use the Institute as a platform to operate joint entrepreneurship education programmes. International exchanges with innovation communities worldwide, in particular, those from the three major Bay Areas, will be conducted to capitalize various collaboration opportunities. Through bringing in global talents, post-doctoral researchers and investors, the Institute will help promote the internationalization of GBA.
Furthermore, the Institute plans to set up a Technology Transfer Go-to-Market & Scale-up Platform, by leveraging on Shenzhen's manufacturing capabilities and comprehensive industrial chain, as well as the industrial network and resources of PolyU and SZU. The platform will facilitate commercialisation of technology innovations and digitalization for enterprises with a view to upgrading their operation. Capitalizing on the opportunities rendered by the policies on Hong Kong-Shenzhen education and innovation collaboration for the Lok Ma Chau Loop development, the two universities, with the support of the Institute, will help further develop Hong Kong-Shenzhen integration for building the region into a world-leading innovation hub.
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