4 SUMMER 2025 NO.98 / THOUGHT LEADERSHIP BRIEF Read all HKUST IEMS Thought Leadership Briefs at http://iems.ust.hk/tlb T: (852) 3469 2215 E: iems@ust.hk W: http://iems.ust.hk A: Lo Ka Chung Building, The Hong Kong University of Science and Technology, Clear Water Bay, Kowloon With Support from Professor Yan Xu received his B.Sc in Radio Engineering and M.Sc in Communications and Electronic System from Beijing University of Posts and Telecommunications in China in 1984 and 1987 respectively. In 1997, he earned his Ph.D. in Management from the University of Strathclyde in the United Kingdom, supported by the Sino-British Friendship Scholarship Scheme. Currently, Professor Xu is a professor in the Department of Information Systems, Business Statistics, and Operations Management, and Associate Director of the Center for Business Strategy and Innovation at the HKUST Business School. From 2011 to 2023, he served as the Associate Dean of the HKUST Business School, overseeing various responsibilities such as the HKUST Bilingual EMBA program, executive education, and China strategy. His research expertise lies in technology and innovation management and policy, as well as telecommunications policy. Professor Xu has authored several books, including “Chinese Telecommunications Policy” and “Innovated by Hong Kong.” He also serves on the editorial board of prestigious international journals such as Telecommunications Policy. Throughout his career, Professor Xu has been involved in numerous research projects for esteemed organizations, including China Mobile, Siemens, Hong Kong Telecom (HKT), Audit Commission of the Hong Kong Government, Communications Association of Hong Kong (CAHK), Central Policy Unit (CPU) of the Hong Kong Government, the Liaison Office of the Central Government in Hong Kong, Hutchison Telecom, Huawei Technology Co. Ltd., SmarTone, and the International Telecommunications Union of the United Nations. Additionally, he has contributed to executive education programs for institutions like China Telecom, China Mobile, Bank of China (HK), CITIC Pacific, Li Ning, TCL, and Tencent. As an expert of the United Nations, Professor Xu has been commissioned by the ITU to provide training to the Pakistan Telecommunications Authority and the National Telecommunications Commission of Thailand. Professor Xu has held various leadership roles within professional associations. From 2005 to 2017, he served as the president of the Regulation Issues Group of the Communications Association of Hong Kong (CAHK). He was also a member of the Hong Kong Council of Social Service (HKCSS) Institute Steering Committee from 2016 to 2018. Since 2002, Professor Xu has been a board member of the International Telecommunications Society (ITS) and served as the Chairman of ITS's Strategic Planning Committee from 2005 to 2012. In recognition of his expertise, Professor Xu was appointed by the Chief Executive of the Hong Kong Government as a member of the Communications Authority of Hong Kong from 2017 to 2019, and member of the Unsolicited Electronic Messages (Enforcement Notices) Appeal Board since December 22, 2022. CONCLUSION This approach is expected to mobilize universities, particularly those with shorter histories, to actively promote knowledge transfer and strengthen their collaboration with industries. The introduction of angel funds will further stimulate the enthusiasm of scholars and college students to innovate and start their own businesses. Notably, successful projects may attract investments from venture capital funds, thereby becoming a driving force for Hong Kong’s top-tier technology and innovation industries. This positive interaction will significantly enhance the technological and innovative ecosystem in Hong Kong without requiring additional government expenditure. The promotion of knowledge transfer from Hong Kong’s universities, coupled with the development of the Lok Ma Chau Loop, will likely attract major overseas technology companies to establish their presence in Hong Kong. In turn, the presence of these large overseas science and technology enterprises in Hong Kong will provide incentives for knowledge transfer activities within the universities. Additionally, the promotion of knowledge transfer will offer a steady stream of projects for young people in Hong Kong to embark on their entrepreneurial journeys in the field of science and technology. Figure 3 illustrates the innovation ecosystem that can be fostered by promoting knowledge transfer in universities. Figure 3. Innovation Ecology Created by Promoting Technology Transfer in Universities Encourage large-scale mainland and foreign technology companies to settle in Hong Kong, realize industry diversi cation, and cultivate entrepreneurial talents Technological entrepreneurship of youth in Hong Kong Make good use of the development of the Lok Ma Chau Loop to make it a gathering place for mainland and overseas enterprises and talents to overcome the shortage of R&D talents and the lack of entrepreneurship talent cultivation mechanism in Hong Kong. Encourage and promote knowledge transfer from Hong Kong’s universities, especially to local enterprises
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