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Promotional Policies
Government policy
- The government encourages manufacturing industries to innovate through the application of industrial design, and to emulate and absorb useful technologies brought into Hong Kong by external investors.
- Setting up of a science park in 1995.
- For the financial year 1998/99, approximately $270 million was to have been made available in the Industrial Support Fund to support projects, which are beneficial to Hong Kong's industrial or technological developments.
- facilitating internationalization in the industry sector by providing the necessary infrastructural support, a conducive environment for innovation and technology development, a skilful workforce, a clean and efficient civil service and a low tax system.
- The Industry Department and the Trade Department of the Government of the Hong Kong Special Administrative Region promote international collaboration in the industry sector.
Intellectual Policies
- To promote innovation, technology development and exchange, trade and investment, the Hong Kong Special Administrative Region (HKSAR) maintains a modern and internationally accepted intellectual property right (IPR) regime. The IPRs protected by the laws of the HKSAR include patent, copyright, trade mark, design, plant variety and layout-design of integrated circuits. The HKSAR enforces these laws robustly.
- Hong Kong Intellectual Property Department assists in the formulation of laws and policies on intellectual property in Hong Kong Special Administrative Region, provides trademark, patents and designs registration services and promotes the awareness of intellectual property rights.
- The HKSAR Government (HKSARG) protects its achievements in scientific and technological research, patents, discoveries and inventions, as well as achievements and the lawful rights and interests of authors in their literary and artistic creation.
- The HKSARG recognises a number of international treaties, conventions and agreements which set out the standards, requirements and obligations for different types of IPR protection. The HKSAR in its own right is a signatory to the World Trade Organisation's Trade-Related Aspects of Intellectual Property Rights Agreement. The HKSAR's IPR regime conforms to international standards on the protection of IPR. The Branch assumes policy responsibility for IPR within the HKSARG.
- In recognition of Hong Kong Special Administrative Region (HKSAR) Government’s stringent efforts over the years in protecting Intellectual Property Rights (IPR), the United States-based Business Software Alliance (BSA) presented the world-acclaimed Cyber Champion Award to the Financial Secretary, Industry and Technology, in November 2002.
Further Reading