HKSTP Unveils Strategic Roadmap to Drive Global Innovation at 25th Anniversary Launch
Thestandard · 1 SOURCESabout 2 hours ago2 MIN
Summary
The Hong Kong Science and Technology Parks Corporation (HKSTP) launched its 25th Anniversary Prelude at the landmark event "Together to NEXT," themed "Innovation. Next by Nature." A joint white paper with CB Insights titled "Inside Asia's Fast-Track to Global Tech Scale" positions Hong Kong first in Asia and fifth globally with a Mosaic score of 370. Chairman Cordelia Chung outlined a four-pillar strategy to advance the city's innovation and technology ecosystem over the next quarter-century.
Key Points
- HKSTP marked its milestone with the "Together to NEXT" event, unveiling plans centred on the theme "Innovation. Next by Nature" to drive regional I&T transformation
- A joint white paper with global tech intelligence platform CB Insights, titled "Inside Asia's Fast-Track to Global Tech Scale," reveals Asia is now leading the critical "1 to 100" commercialisation phase
- Hong Kong ranks first in Asia and fifth globally with a CB Insights Mosaic score of 370, evaluating Management, Money, Market, and Momentum
- Chairman Cordelia Chung presented the "Broad and Deep, Far yet Near" roadmap across four core dimensions to build an interconnected ecosystem
- CEO Terry Wong emphasised Hong Kong's role as a "super-connector" linking innovators with capital, talent, and Mainland China access to global markets
Why It Matters
The CB Insights ranking validates Hong Kong's emergence as Asia's premier innovation hub, shifting the global technology landscape from Silicon Valley dominance toward a multipolar framework. HKSTP's strategic roadmap aims to translate regional momentum into tangible economic impact, positioning the city as an essential gateway between Mainland China and international markets as Asia sets new benchmarks for start-up ecosystems .
The CB Insights ranking validates Hong Kong's emergence as Asia's premier innovation hub, shifting the global technology landscape from Silicon Valley dominance toward a multipolar framework. HKSTP's strategic roadmap aims to translate regional momentum into tangible economic impact, positioning the city as an essential gateway between Mainland China and international markets as Asia sets new benchmarks for start-up ecosystems .