Mar 2024

HKUST Knowledge Transfer

香港科技大学
Create Impact through Innovation and Entrepreneurship Development

xx.xx.2020

Pokman Yiu, MSc(ELEC) ’08, BEng(ELEC) ’06

Head (Investment Fund Management) 1
 HKUST Innovation and IMPACT in Industry
Entrepreneurship Development
and Society
Strategic Intellectual Property Portfolios
• 2,064 Active Patents/Applications • 1,747 Active startup
• No. 1 patent influence metric in China by Nature Index(2022)
• HKD400b Economic impact
Strong Industry Engagement • 13 Successful exits (11 IPOs
• 826 Industry Collaborators and 2 acquisitions)
• 173 Active License Agreements
• No. 1 in industry income index in HK (THE ranking 2023) • 9 Unicorns nurtured
• Addressed COVID-19
Leadership in Entrepreneurship Development
pandemic and social issues
• 91 DeepTech Startups with HKUST Technology License
• 544 Active startups companies incubated

As of Jul 2023 2
 Role of Knowledge Transfer (KT) Units in HKUST
• HKUST Mainland Office (Beijing)
• Blue Bay Incubator (SRI, SHCIRI)
• HKUST Foshan Center for Technology
Transfer and Commercialization (FCTTC) 1. Industry Contract Research Projects, Testing
• GZ International Youth Entrepreneur Hub and Consulting services, Government Tender
(FYTRI) services
2. Licensing management
3. Execution of startup investment and equity
1. IP management management 108 companies)
4. Managing Startup Zone hosting 20 startups
2. Industry engagement, technology
5. Admin of RAISe+ and TSSSU
marketing, and project development
3. Joint Research Units
4. InnoHK Shared Service Center for 4 1. Entrepreneurship Development Activities
InnoHK Centers 2. Funding programs ~ HKD4m
5. Managing funding programs ~ 3. Incubation of HKUST startups at the BASE,
HKD50m/year 4. Mentorship program and investor network
6. KT Policy management 5. Entrepreneurship training coordinated with schools
7. Council matters on KT
8. Agreement (NDA/MTA/MoU) review
and management
3
HKUST Strategic IP Management
Current Active Patent Portfolio by Technology Area 1. Excellent Research and Strategic IP
management enhanced the IP utilization
• No. 1 patent influence metric in China
and 33rd in global by Nature Index (2022)
• New IP filing 286 and Newly utilized IP 85
in 2022/23 (CWB)
• 553 Patents utilized among 1,603 Patents
owned by HKUST CWB campus
(Patent utilization: 33%)

2. Professional IP management team support

research
• Express provisional patent filing in 7
working days
2,064 Active Patents/Patent Applications • IP and industry landscape for key projects
(HKUST and Mainland subsidiaries)
4
 Case of Thin Film
Technology Portfolio and Commercialization Strategy

Patent / Industry Landscape Analysis

Key Value Proposition
• Very high mechanical strength (Tensile strength): 900MPa
(2x stronger than stainless steel)
• Ultra-thin and porous structure: 100nm with 76% porosity

Technology Incubation and Funding

DeepTech Startups

Non-invasive sweat sensor for

muscle fatigue monitoring Nanofilms fabrication 5
 Key Innovators in HKUST
No. of License No. of License No. of License No. of License
Cash Rec'd for Cash Rec'd for Cash Rec'd for Cash Rec'd for
No of IP No ofNo IP of IPAgreement
No of IP Agreement No of IP No ofNo IP of IPAgreement
No of IP Agreement
No. Faculty member Faculty member
No. Department Department last 10 years No.
last 10 years Faculty
No. member Faculty member
Department Department last 10 years last 10 years
Utilized filedUtilized Signed filed Signed Utilized filedUtilized Signed filed Signed
(HK$ M) (HK$ M) (HK$ M) (HK$ M)
( Since 1999) ( Since 1999) ( Since 1999) ( Since 1999)

1 King Lun1YEUNG
King Lun YEUNGCBE, ENVR 95
CBE, ENVR169 95 12169 >11
12 Weijia WEN
>11
14 14 Weijia WEN PHYS 18PHYS 66 18 6 66 >0.9
6 >0.9

2 Hoi Sing 2KWOK

Hoi Sing KWOK ECE 92 ECE 304 92 11304 >1
11 >1Matthew15 YUEN
15 Matthew YUEN MAE 16MAE 68 16 4 68 >0.09
4 >0.09

3 Ping SHENG
3 Ping SHENG PHYS 65PHYS 125 65 5125 >0.5
5 16Ping GAO16 Ping GAO
>0.5 CBE 16 CBE 32 16 3 32 >0.01
3 >0.01

4 Nancy IP4 Nancy IP LIFS 60 LIFS 127 60 8127 >0.1

8 Shengwang
>0.1
17 DU
17 Shengwang DU PHYS 16PHYS 26 16 2 26 >1.5
2 >1.5

5 Ying CHAU
5 Ying CHAU CBE 36 CBE 54 36 4 54 >0.3
4 Guanghao
>0.3
18 CHEN
18 Guanghao CHENCIVL 15 CIVL 70 15 6 70 >0.17
6 >0.17

6 Gary CHAN
6 Gary CHAN CSE 35 CSE 70 35 1670 >0.6
16 19Long QUAN
>0.6 19 Long QUAN CSE 11 CSE 25 11 4 25 >2.99
4 >2.99

7 Zhiyu YANG
7 Zhiyu YANG PHYS 33PHYS 47 33 1 47 >0.4
1 20Jinglei YANG
>0.4 20 Jinglei YANG MAE 10MAE 30 10 4 30 >0.01
4 >0.01

8 Man WONG
8 Man WONG ECE 30 ECE 100 30 3100 >0.7
3 21Fu Rong 21GAO
>0.7 Fu Rong GAO CBE 7 CBE 10 7 3 10 >23 >2

9 Karl TSIM9 Karl TSIM LIFS 29 LIFS 60 29 1360 >1.3

13 22Robert KO
>1.3 22 Robert KO LIFS 6 LIFS 8 6 78 >37 >3

10 Shaojie SHEN
10 Shaojie SHEN ECE 28 ECE 28 28 1 28 >0.2
1 Che Ting23CHAN
>0.2
23 Che Ting CHAN PHYS 5 PHYS 16 5 3 16 >0.36
3 >0.36

11 He YAN 11 He YAN CHEM 26CHEM 67 26 2 67 >0.4

2 24Zhiyong 24FAN
>0.4 Zhiyong FAN ECE 3 ECE 30 3 2 30 >0.02
2 >0.02
Abhishek12 Kumar
Abhishek Kumar
12 ECE 21 ECE 62 21 4 62 >1.2
4 25Kevin CHEN
>1.2 25 Kevin CHEN ECE 3 ECE 84 3 1 84 >11 >1
SRIVASTAVA SRIVASTAVA
13 Ming LIU13 Ming LIU ECE 21 ECE 33 21 2 33 >0.01
2 >0.01
Confidential 6
 Innovate to Engage the innovation partners
One to One One to Many Many to Many
Engage a collaborator with a HKUST Engage a collaborator with various Engage multiple parties and various
discipline or a project team HKUST disciplines HKUST disciplines

Joint Labs Industry

Sponsored Research Projects Consortium
Contract Research Projects
▪ Engage multiple industry
Service and Consulting Projects
partners in the different value
chains of innovation
▪ Access to world-class academics,
facilities and IP in HKUST
▪ Training for member companies
Joint Research Institutes HKUST-Research Institute-Industry
collaboration
▪ Collaborate with Research
Institute to bridge the gap from
Lab to industry 7
 Strong Leadership in 9 Unicorns
No.1 consumer drone company The Most Innovative Bank in Hong Kong Leading RoboCar company in the world
Mr. Frank Wang,
Founder, CEO and CTO Mr. Jianxiong XIAO,
Mr. Tat Lee, Founder, CEO
Bachelor of Engineering, Chief Executive and Executive Director
Electronic Engineering Bachelor of Engineering,
Bachelor of Engineering, Computer Science
Master of Philosophy,
Computer Science Master of Philosophy,
Electronic and Computer Engineering
Computer Science and Engineering

The leader in motion control The leader in enterprise class AI Leading commercial service robot
and automation company
Dr. Wenyuan Dai, Professor Qiang Yang,
Professor Zexiang Li, Co-founder Co-founder
Chairman and Co-founder Mr. Zhang TAO,
Doctor of Philosophy, Chair professor, Founder, CEO
Department of Electronic and Computer Science Department of Computer
Computer Engineering and Engineering Master of Philosophy,
Science and Engineering
Mechanical and Aerospace
IPO in 2023 IPO in 2023 Engineering
Smart automotive driving for An industry-leading supplier of
commercial vehicles CMOS image sensor technology The fastest growing vision companies
for smart manufacturing
Professor Zexiang Li,
Co-founder Dr Chen Xu, Professor Jiaya Jia,
Chief Executive Officer Founder and Chairman
Department of Electronic and
Computer Engineering PhD, Mphil, Doctor of Philosophy,
Electronic Engineering Computer Vision
IPO in 2022 8
 Confidential
Strong Leadership in Start-up Development
Exits Internet MPAS Limited

Unicorns

Fast growing
Startups

9
 1,747 Active HKUST Startup companies
Mainland China, Foreign Countries,
Dongguan, 2, 0% 449, 26% 92, 5%
Shanghai, 20, 5%
Indonesia, 2, 2%
Russia, 2, 2%
Foshan, 24, 5% Beijing, 59, 13% France, 2, 2%
United
Others, 47, 11% Kingdom, 5, 5% United States,
25, 27%
Japan, 5, 5%

South Korea, 6,
7%

Germany, 6, 7%

Guangzhou, 96,
22%
Hong Kong, Singapore, 19,
Others, 20, 22%
21%
1206, 69%
Shenzhen, 196,
44%

As of Jul 2023 10
 Profile of 1,081 Technology Startups
62% of Technology-based Startups (1,081 out of 1,747 )
Automotive Parts and
Accessories, 14, 1% Chinese Medicine, 4, 0%
Robotics, 16, 2%
Others , 56, 5% Information &
Communication Technology,
Other, 41, 4%
Advanced Materials, 63, 6% 203, 19%

Advanced Manufacturing &

Logistic, 76, 7%

Mainland,
Biotechnology & Healthcare,
352, 32%
Design, Multimedia & 167, 15%
Infotainment, 78, 7%
Hong Kong SAR,
688, 64%

FinTech, 82, 8%

Electronics, 93, 9% Artificial Intelligence & Big

Data, 129, 12%
Energy and Environmental
Technology, 100, 9%

Technology Sectors Registered Territories 11

 Innovation, Entrepreneurship and Industry Engagement Strategy

• Synergize funding programs and establish new investment funds to support HKUST
innovation and entrepreneurship development, and Start-ups

• DeepTech Incubation - HKUST Entrepreneurship Program; HKUST Startup Zone

12
 HKUST Entrepreneurship Fund: HKD100m Fund for early stage startups
42 Co-investment partners invested HKD123m International investment advisors

Investment Portfolios: 19 raised HKD397m

• Established in 2020
• > HKD2 billion: portfolio valuation
• 10.3x subsequent investment SP3

13
 Confidential
Comprehensive funding for DeepTech Start-ups

Partner with GP to setup Investment

Matching
(New) Venture Investment
Funds
HKUST Fund

(HK$X,000m) Start-ups Max HK$100m

RAISe+ Scheme
HK$10b
With Other LPs Equity per Start-up

• Tech License
Investment • Entrepreneurship • Equity
Return on
1st Tranche: Program • Licensing fee
Investment • Incubation
HK$200m

Scale up Stage Start-up: Early Stage Start-up:

Redbird Innovation Fund Entrepreneurship Fund
(RIF) HK$500m HK$100m + Co Investors
14
HKUST One Million Dollar Entrepreneurship Competition
• Started in 2011 with more than 9,000 startup
teams engaged
• Extended to 7 city-level competitions
• RMB60m provided to awardees by 2023

HKUST-Sino One Million Dollar E Competition (HK)

• 963 startup teams engaged (2018-2023)

• 250 new startups with a total company valuation
of HKD813m and subsequent funding of HKD105m 2023 Annual Final
Key Innovation and Entrepreneurship Activities
Flagship Entrepreneurship Events and Competitions
Annual Key Metrics
• 50+ Organized/Co-
Organized Entrepreneurship
Events
• 20+ Innovation Showcase
Exhibitions
• 130+ Awards received from
HKUST Unicorn Day 2023 One-Million-Dollar Competition hackUST 2023
Entrepreneurship
• 950+ participants from Government, • Over RMB 4.2M Cash Prize with • 603 participants from 30
Competitions
Industries, and Investors 6 regional competitions countries and regions
• 86 technology showcases • Record high of 234 team • HK$1 million cash prize and
• 80 deep tech startups pitching applications in 2023 internship
Strong Performance in Tech and Startup Competitions
• Skyland Innovation got Champion at EPiC 2023
• Allegrow Biotech got Winner, AI Guided and Seekr also awarded at
Jumpstarter 2023
• HKUST startups won 14 awards at ICT Awards 2023, 1 Grand award, 4
Gold award, 1 Silver award, 2 Bronze award and 6 certificates of Merit
• 10 teams comprised of HKUST students received most of the awards
in Hong Kong Techathon 2023
• HKUST won top prize at 18th “Challenge Cup” National College
Students’ Extracurricular Academic Science and Technology Contest
• 3 HKUST Startups have been listed in Forbes Asia 100 to Watch 2023
16
 Key Innovation and Entrepreneurship Activities
International Exhibition of Inventions Geneva Industry Engagement Day+ IPI exhibition @Singapore
• 19 research teams won 20 awards
at Geneva Invention 2023
• 1 Prize of the Chinese Delegation
for Invention and Innovation; 3 Gold
medals with Congratulations of
Jury; 5 Gold Medals; 6 Silver and 5
Bronze Medals
• Attracted 300+ participants • Exhibited 4 new technologies in
Experiential Learning on Entrepreneurship • Theme-based events for advanced materials, biotech and
HKUST Faculties, industry structural health monitoring
and investors

Corporate Innovation Summit @Thailand

GBA Trip A-week long Bootcamp

• Panel discussion on “deeptech incubation”

• Panoptic AI showcased their technologies to
South East Asia partners

17
Friday Dreamer Series Entrepreneurship 101 Entrepreneurial Talk Series
 Create Impact through Innovation and Entrepreneurship

• Office of Knowledge Transfer: https://okt.hkust.edu.hk/

• Knowledge Transfer Hub: https://kt.hkust.edu.hk/
• HKUST Entrepreneurship Fund: https://e-fund.hkust.edu.hk/
• Entrepreneurship Center: https://ec.hkust.edu.hk/
• HKUST: https://hkust.edu.hk/

https://okt.hkust.edu.hk/sites/default/files/events/2024-publication/HKUST%20Deep-
tech%20Playbook_2024_0125_Web%20-%20final.pdf