ACN Newswire

2024-12-08 17:21

Business of IP Asia Forum and Entrepreneur Day Unlock IP and Innovation Potential

- BIP Asia Forum welcomed over 3,000 participants
- E-Day attracted around 11,800 visits, facilitated over 230 business matching meetings and created business opportunities for participants
- IP financing as a growth engine should not be overlooked according to an IP valuation expert at BIP Asia Forum. IP valuers are subjected to professional scrutiny and need to do an inordinate amount of background research in order to put the information into a sensible IP context
- Connecting start-ups from across the globe, E-Day reflects Hong Kong's growing role as a global innovation hub. Over the years, Hong Kong has introduced significant policies to support innovation and technology, especially with more proactive measures to drive university research translation and industry-academia collaboration

HONG KONG, Dec 8, 2024 - (ACN Newswire) – The two-day Business of IP Asia Forum (BIP Asia Forum), jointly organised by the Hong Kong Special Administrative Region Government (HKSAR Government) and Hong Kong Trade Development Council (HKTDC), and held concurrently with Entrepreneur Day (E-Day), hosted by the HKTDC, concluded successfully on Friday 6 December. The two events brought together more than 160 intellectual property (IP) experts and business leaders from around the world to explore the potential of IP, promote business innovation and growth, and drive high-quality economic development. Taking place on 5 and 6 December, BIP Asia Forum and E-Day reinforced Hong Kong’s position as a leading regional IP trading centre and an international innovation and technology hub.

The two events featured a mix of forums, exhibitions, competitions, workshops, and business matching meetings. More than 400 exhibitors from various sectors, including IP and innovation and technology, participated in the two events to capture business opportunities and gain insights into the latest IP and innovation trends.

This year, BIP Asia Forum welcomed over 3,000 participants, while E-Day attracted around 11,800 visits and facilitated over 230 business matching meetings, creating business opportunities and fostering expansion for participants.

This year’s BIP Asia Forum, themed “Reimagining IP for Impact and Growth”, featured a Policy Dialogue on the opening day, where international IP experts and representatives from multinational organisations shared insights on the flourishing and newest developments in the IP world.

Cultural and creative IP unleashes huge potential

The HKSAR’s 2024 Policy Address emphasised strengthening Hong Kong’s position as an IP trading centre, promoting cross-sectoral exchange, and encouraging more local and international cultural and creative products to be registered on the Asia IP Exchange Portal. The HKSAR Government also recently published the Blueprint for Arts and Culture and Creative Industries Development, highlighting the significant potential of cultural and creative IP.

The HKTDC continues to be active in promoting cultural and creative IP resources from Hong Kong and overseas to facilitate industry exchange and collaboration. In addition to the annual BIP Asia Forum, the HKTDC leverages physical trading platforms such as the Hong Kong International Licensing Show and the Hong Kong International Film & TV Market to actively promote the development and trading of cultural and creative products, inviting various IP experts to share practical case studies and opportunities.

Cultural and creative industries encompass various sectors, including film and television entertainment and music and arts. Jake Hwang, Chief Manager, Story IP Business at Kakao Entertainment Corp, renowned for his experience with popular web novels and comics IP projects such as What’s Wrong with Secretary Kim, Business Proposal, and Run On, shared insights on IP related to popular Korean dramas, webcomics, and web novels at the forum. He said: “In terms of creating original IPs and where we invest our money, we don’t see things in short-term income.  We are trying to see things on a more long-term basis, because we don’t know which IPs will be successful. But we keep trying to produce new IPs every day. We also try to meet with global partners as much as possible. It could be physical productions, over-the-top platforms, or independent producers, just to open potential and discuss freely.”

In today’s competitive business landscape, leveraging IP has become essential for driving innovation, building brand value, and creating new revenue streams. Many international brand leaders agree that IP plays a crucial role in developing strategies for sustainable growth and expanding into new areas.  Dr Na Wei, Senior Director of IP Licensing at Xiaomi, believes in the importance of collaboration between different IP owners. “One smartphone may contain more than 200,000 patents. It’s not something that one company can do on its own, so that’s why collaboration is very necessary. We need to work with many other patent owners on acquiring or securing their licenses, and we also license our own patents to them. It’s in that way that these kind of high-density patent products can be made possible.

Among the various areas of IP, one area with growth potential is IP financing, where businesses can use their intangible assets as collateral to secure funding without diluting equity. This means that an IP portfolio facilitates access to capital but also enhances a company’s valuation significantly. Martin Brassell, Co-founder and CEO at Inngot Limited said: “As valuers, we have to exercise our professional judgement, subject the inputs that we’re given to professional scrutiny, and do an inordinate amount of background research in order to put the information we’re being given into a sensible, commercial, and, if necessary, IP landscape context. That’s really where the hard yards are.”

This year’s Innovation & IP Market, themed “Smart City Innovation”, showcased over 20 innovative projects in areas such as smart city technology, digital business, smart living, artificial intelligence (AI) and robotics, and transportation. Xu Song, Deputy Director, Science & Technology Innovation Division of the Authority of Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone of Shenzhen said: “The Business of IP Asia Forum provided an excellent platform for exploring business opportunities and networking. The Authority of Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone of Shenzhen gathered enterprises and institutions in the field of intellectual property and joined the forum. They received enquiries from over 40 renowned IP organisation and technology companies from various countries and regions regarding policies and measures for establishing operations in Qianhai. This helps enterprises in both ‘going global’ and ‘attracting foreign investment’."

E-Day promotes exchange and uncovers new opportunities

The HKTDC E-Day also concluded on Friday. Themed “Where Start-up Dreams Take Flight”, this year’s E-Day showcased over 340 start-ups, invention projects, and support services from 13 countries and regions, and invited more than 60 industry leaders to participate in business matching meetings and networking events.

Hong Kong start-up Lacess Limited participated in E-Day for the first-time, showcasing sustainable footwear made from upcycled farm waste, factory waste, recycled plastic, and other innovative materials. Natalie Chow, CEO & Co-founder of Lacess Limited said: “As a start-up, we know the power of making connections to drive growth. Entrepreneur Day was an incredible opportunity to meet like-minded innovators, exchange ideas, and explore collaborations that could help us expand into new markets. It’s been inspiring to see how global businesses can come together to create meaningful change.

The Thailand pavilion, organised by the Department of International Trade Promotion under the Ministry of Commerce of Thailand, participated in E-Day for the first time, showcasing 10 key start-ups from Thailand. Pannakarn Jiamsuchon, Thai Trade Commissioner & Consul (Commercial) said: “HKTDC’s E-Day provided a perfect platform for Thailand to shine. Our participation at E-day not only promoted the Thai start-up sector but also drew global investors into the market, creating a win-win situation for the international business community.”

The Australian pavilion, led by Investment New South Wales (NSW), took part in E-Day for the second consecutive year, and showcased nine start-ups specialising in health tech, green tech, smart city solutions and other related technologies. A representative from the Australian pavilion said they wanted to take advantage of E-Day to introduce New South Wales’ start-ups to overseas markets.

Start-up Express International leads top start-ups to explore Greater Bay Area opportunities

Now in its third edition, Start-up Express International continues to support global start-ups in establishing a presence in Hong Kong and expanding into regional markets. The programme is supported by global partners worldwide, and 10 winning global start-ups were selected last month. The winning start-ups attended the “Start-up Express International – Meet the Global Winners” session during E-Day to share their entrepreneurial experiences and network with each other.

Jimmy Ng, Investment Director at Gobi Partners, said: “It’s amazing to see Start-up Express International connecting top start-ups from across the globe further reflecting Hong Kong's growing role as a global innovation hub. Over the years, Hong Kong has introduced significant policies to support innovation and technology, especially with more proactive measures to drive university research translation and industry-academia collaboration.  These efforts, combined with initiatives to boost start-up funding and private investment, are creating a strong ecosystem that empowers entrepreneurs to turn their ideas into impactful businesses.”

[Replay of BIP Asia Forum event, including highlights of the exhibition and forums, will be available from 7 December 2024 to 6 January 2025. Replay of E-Day event will be uploaded after 7 January 2025.]

BIP Asia Forum website: https://bipasia.hktdc.com/en/
E-Day website: https://eday.hktdc.com/en
Start-up Express International website: https://portal.hktdc.com/startupexpress/en/s/start-up-express-international

Photo Download: https://bit.ly/3ZDjnnz

IP valuation and financing experts gathered experts to discuss current trends, share best practices and shed light on the potential of bringing IP financing to the mainstream.

The Innovation & IP Market, themed “Smart City Innovation”, showcased over 20 innovative projects in areas such as smart city technologies, digital business, smart living, artificial intelligence and robotics, and transportation

The HKTDC E-Day, themed ‘Where Start-up Dreams Take Flight’, attracted around 11,800 visits

Start-ups funded under the Funding Scheme for Youth Entrepreneurship in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA), supported by the Home and Youth Affairs Bureau, also participated, sharing their experiences and success stories of starting businesses in the GBA

The Thailand pavilion, organised by the Department of International Trade Promotion under Ministry of Commerce of Thailand, participated in E-Day for the first time, showcasing 10 key start-ups from Thailand


Media enquiries

For enquiries, please contact:

Burson:

Wing Chan             

Tel: (852) 9518 4326   

Email: wing.chan@hillandknowlton.com

Rachel Zhu             

Tel: (852) 6816 5846   

Email: rachel.zhu@hillandknowlton.com

HKTDC’s Communication & Public Affairs Department:

Katy Wong            

Tel: (852) 2584 4524   

Email: katy.ky.wong@hktdc.org

Jane Cheung          

Tel: (852) 2584 4137    

Email: jane.mh.cheung@hktdc.org

HKTDC Media Room: http://mediaroom.hktdc.com/en

About the HKTDC

The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong ’s trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitionsconferences and business missions to create business opportunities for companies, particularly SMEs, in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via trade publicationsresearch reports and digital news channels.



Copyright 2024 ACN Newswire. All rights reserved. www.acnnewswire.com

人氣文章
最近7天
1
高息定存 | 6個月港元定存3.8厘新高,188日快閃優惠3.68厘
2
高息定存 | 富邦推快閃定存優惠3個月3.9厘,華僑188日3.68厘
3
高息定存 | 工銀亞洲推3個月5厘息搶新客,招商永隆推快閃優惠
4
回顧展望-新股復燃 | 政策市激發IPO 惟六成新股破發損行情
5
【FOCUS】零售寒冬襲京滬港,逆市奇葩值借鏡
6
港股 | 蕭猷華:恒指料退守至18600點,宜逢低吸納
7
神州經脈 | 換手機可獲政府補貼,政策利率將降,滬指周挫逾5%
8
內銀股 | 人行再提擇機減息降準,內銀獲中金唱好,應該點部署?
9
神州經脈 | PMI遜預期,滬指全年止跌回升,人幣年度貶幅擴
10
大國博弈 | 【FOCUS】騰訊商湯寧德重挫,CMC清單劍指軍民融合
11
回顧展望-人幣走貶 | 關稅殺到,先貶為敬,人幣明年勢見7.5
12
新股掛牌 | 布魯可首日掛牌升41%,每手賺7395元
13
加州山火 | 【FOCUS】洛杉磯烈火焚城,天災背後藏人禍
14
高息定存 | 一周高息合集,恒生1個月定存4厘,工銀亞洲3個月最高5厘
15
回顧展望-A股自強 | 憧憬國策利好,機構對明年股市走勢樂觀
16
高息定存 | 渣打特選客6個月3.48厘,建行亞洲推1個月6.18厘高息吸客
17
藍圖2.0 | 旅遊發展藍圖2.0提四大策略,推特色項目智慧旅遊並開拓客源
18
去旅行 | 攜程:首十一月香港用戶平均出境航班次數增至1.9次
19
高息定存 | 花旗3個月港元定存息加至4厘,信銀國際3.88厘
20
港股 | 蕭猷華:恒指春節前目標21500點
21
高息定存 | 一周高息合集,銀行高息吸客,低門檻10萬享6.18厘,3個月最高5厘
22
一本萬利 | 2025年的五個「勿」(有片)
23
互聯支付 | 黃俊碩:轉數快與IBPS互聯支付所產生的發展契機
24
神州經脈 | 基金賣股票據報受限,滬指連跌四日,人行穩匯率
25
專訪|洪灝:美股更大跌幅在前面,恐需習慣4%通脹(有片)
26
微盟 | 炒完微信小店,微盟(2013)遭三名主要股東急沽持股套現
27
易經看世界 | 從乙巳年立春八字看香港前景:哪行業當旺?哪行業運滯?(有片)
28
習近平應約與特朗普通電話,特:冀盡快與習見面
29
加州山火 | 美國洛杉磯大火失控,被迫撤離人數增至18萬
30
財政預算案2025 | 羅兵咸料本財年財赤948億,財政儲備降至紀錄新低
專業版
HV2
精裝版
SV2
串流版
IQ 登入
強化版
TQ
強化版
MQ

【etnet 30周年】多重慶祝活動一浪接一浪,好禮連環賞!

【蛇年行大運 新年好賞「飾」】etnet賞太歲開運趨吉避凶神器

etnet榮獲HKEX Awards 2023 「最佳證券數據供應商」大獎

大國博弈

貨幣攻略

說說心理話

聖誕新年特輯

Watch Trends 2024

北上食買玩

Art Month 2024

秋天養生食療

山今養生智慧

輕鬆護老