Hang Seng Sponsors the development of “Corporate Innovation Index” by CUHK to Measure the Innovation Capabilities of Companies in Hong Kong
Funded by Innovation and Technology Commission of the Hong Kong Government under the General Support Programme, the Asia-Pacific Institute of Business under the Chinese University of Hong Kong (CUHK) Business School, develops a Corporate Innovation index (CII).
The CII will be the first of its kind in Hong Kong. It aims at showing the composite score of the innovation performance of corporates in Hong Kong. The CII will serve as a management and assessment tool to propagate an innovation culture among large corporations and SMEs in Hong Kong. It aims to develop a set of measurement matrices to measure the innovation competence in a scientific and data-driven manner that fits Hong Kong business community under the digital age. The CII will be benchmarked year-on-year for Hong Kong, and gradually the cities in Greater Bay Area.
Hang Seng Bank, as one of the sponsors of the programme, will continue to support and contribute to the innovation and technology ecosystem in Hong Kong. One of the agenda is to strengthen the collaboration between the banking industry and the academia. Eunice Chan, COO of Hang Seng Bank, is appointed as member of the steering advisory committee, and CK Chan, Hang Seng Senior Innovation Advisor, serves as the advisor to the Corporate Innovation Index project.
By furthering our collaboration with CUHK in the CII project, we aim to 1) Promote awareness of innovation to Hong Kong Corporations. 2) Formulate public policies to advance the sustainability, competitiveness and reputation of Hong Kong business. 3) Develop Corporate Innovation framework as measuring instruments. 4) Enhance the awareness of the importance of corporate innovation to the companies and the public.