The seminar
entitled “Seminar on the $50-billion Budget proposal for I&T (預算案500億:如何幫助IT人?)” was organized by Hon. Charles Mok (Legislative
Council Member (IT Functional Constituency)) on 10 April 2018. The seminar aimed to discuss the development
of Innovation and Technology in Hong Kong using this $50-billion Budget and
collecting IT industrial opinions.
Before
the seminar, all speakers took a group photo.
First,
Mr. Charles Mok briefed the background of the $50-billion Budget which aimed to assist for Innovation and
Technology development in Hong Kong in which $20 billion for using on the first phase of the Hong Kong-Shenzhen
Innovation and Technology Park in the Lok Ma Chau Loop for, site formation,
infrastructure, superstructure and initial operation; $10 billion into the Innovation and Technology Fund (ITF); $10 billion to support the
establishment of two Technology Research Clusters on healthcare technologies
and on artificial intelligence and robotics technologies; $10 billion is allocated to HKSTP to reinforce the role of the
Science Park as Hong Kong's flagship technology infrastructure.
The first speaker was Mr. Jacob Wai (亞洲金融風險智庫研究總監 韋達人先生) and he discussed the lack of human resource for Fintech. The missing layer was 3 to 5-year experience IT Professionals. Therefore, outsourcing the process and those jobs were not return. Since not enough IT professionals, most team only 2 to 3 people that developed mobile apps. Mr. Wai added the next stage was to promote to society and lets adopt IT if enough IT professionals. We needed digital strategy he said.
The
second speaker was Mr. Wilson Yuen (天開數碼媒體有限公司創辦人及行政總裁 袁耀輝先生) and he discussed the definition
of I&T Professionals. He said
$50-billion might be only owned one unicorn. We needed to think how to training
IT talents. He shared that it was difficult
to employ IT talents and also difficult to retain them. He raise an example that most MPhil and PhD graduates
were from mainland but they were not stayed in Hong Kong any more but return to
China. So he recruited them during their R&D study and then established a
company in Beijing to employ them again after they graduated. He also commented the ITF that cooperated with
university 50:50 was easy and faster than ESS.
However, University needed to change their mindset to change from
professors applied funding to give funding to professors if they became entrepreneur
as Singapore.
The
third speaker was Mr. Keith Li (Innopage 創辦人 李勁華先生) who was Cyberport incubation graduate
and HKSTP tenant. He said the best
student selected computer science in the past but after 2000, 911 and SARS, the
large gap appeared. Until smart phone
wave coming, the gap enlarge seriously.
He mentioned that $50-billion Budget was mainly focused on
infrastructure.
We
needed government policy to let innovation to be manageable and legal such as Uber
and Airbnb, as well as, ICO. In Japan
and USA, they would rule and control this new business under legislation. In the past, most student selected IT because
of high salary and good future. It
depended on how many international top ranked IT company moved their headcounter
in Hong Kong.
Q&A session:
Mr.
Charles Mok added our government had only work plan for 2 to 3 years but
missing blueprint (e.g. 10 year). He
also mentioned our DSE affected STEM study and he suggested to back to
integrated science included Physics, Chemistry and Biology. Human Resource Policy should be established
he said such as Singapore trained 500 data scientist per year for AI era.
One of
participants asked what is different between Cyberport and Science Park for
incubation program / tenant. Ir. Peter Yeung
(Senior Director, HKSTP) was invited to introduce Science Park tenant
requirement (such as 50% R&D activities) to the participants.
Then we
discussed the funding that separated into Smart Money and Dump Money. Startup needed smart money rather than just
money. Some participants suggested to
enhance education for business to IT guy and vice versa.
Mr.
Charles Mok said he heard from Singaporean said HK to be gateway to China but
Singapore was Asia hub. He said why HK
not to be both?
At the
end, each speaker concluded the talk in one statement as follows:
Mr.
Charles Mok said I&T blueprint was very important.
Mr.
Keith Li said policy and strategy for I&T was significant.
Mr.
Wilson Yuen asked us to unify and cooperated with each other.
Mr. Jacob
Wai asked us to think about how government could employ more local technology
products. Once the demand increased,
supply would follow it.
Reference:
20150313:
ICT Seminar for Innovation and Technology Development - https://qualityalchemist.blogspot.hk/2015/03/ict-seminar-for-innovation-and.html
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