Business of IP Asia Forum opens today

60+ international experts share insights at online event
( | Press Release | 2020-12-07 00:52:17 )
HONG KONG, Dec 3, 2020 - (ACN Newswire) - Addressing the importance of open innovation (an innovation management model that promotes collaboration with external parties) and collaboration in corporate development in times of change, the 10th Business of IP Asia Forum (BIP Asia Forum) opened today and runs online until 4 December. Jointly organised by the Government of the Hong Kong Special Administrative Region (HKSAR), the Hong Kong Trade Development Council (HKTDC) and the Hong Kong Design Centre, the event features more than 60 international intellectual property (IP) experts and business leaders sharing on the latest industry trends. Officiating at this morning's opening ceremony were Carrie Lam, Chief Executive of the HKSAR; Shen Changyu, Commissioner of the China National Intellectual Property Administration (CNIPA); and Daren Tang, Director General of the World Intellectual Property Organization (WIPO).

In a welcome message, HKTDC Executive Director Margaret Fong highlighted the BIP Asia Forum as a platform for IP professionals and business leaders to discuss the latest industry developments and explore opportunities for business collaboration. "The theme for this year's forum is: 'Open Innovation: Driving Collaboration in Times of Change', a topic that will no doubt be foremost on everyone's mind as the world economy is buffeted by the combined winds of the global pandemic and geopolitical tensions," she said. "The online format helps us take the event beyond the limitations of a physical location to connect global participants to a world of industry insights and expertise."

Open innovation - helping to drive collaboration in challenging times

Collaboration is essential during these challenging times, with many businesses having to make significant changes in order to survive. Addressing this trend, this morning's keynote session featured a discussion by industry leaders on how open innovation can help businesses leverage external resources, solve complex problems and generate greater business value. Yancey Strickler, Co-founder and Former CEO of Kickstarter, shared his experience in creating Kickstarter, a global crowdfunding platform that has brought innovators together and created value through innovation and partnerships. The session also welcomed Arata Oono, founder of Borderless, and Emile Chan, CMO and Co-founder of Origami Group, as panellists.

Today's programme concluded with the much-anticipated plenary session, where IP leaders from multinational corporations discussed models for collaboration between enterprises. Given that open innovation creates new pathways for value creation and unleashes the full potential of IP while establishing new ways of collaboration between nations, industries or individuals, it has become a vital business strategy amid increasingly fierce global competition. Speakers at the plenary, which ran on the theme "Creating IP Value through Collaboration", included Christina Petersson, Chief Intellectual Property Officer of Ericsson; Beat Weibel, Chief IP Counsel and Group Senior Vice President of Siemens AG; and John Mulgrew, Vice President, Deputy General Counsel and Chief Intellectual Property Officer of Lenovo.

A breakout session held today focused on the latest IP development opportunities in the Guangdong-Hong Kong-Macao Greater Bay Area, whose development as a major IP trading hub is attracting considerable attention. An innovation and technology engine, the Greater Bay Area has quickly become a breeding ground for innovative ideas and inventions, with much IP trading involved. Co-organised with the Guangdong Administration for Market Regulation (Guangdong Intellectual Property Administration) and the Guangzhou Development District Intellectual Property Association, the session featured speakers from WeRide, Guangzhou IP Exchange, Macau University of Science and Technology, Exponent Science and Technology Consulting, and Vobile Group Limited.

IPHatch Hong Kong welcomes innovative start-ups

Details of the eagerly awaited open-innovation competition, IPHatch Hong Kong, were announced today. At a session with the theme "Supercharging Innovation for Impact", renowned IP experts, representatives of venture capital funds and past IPHatch winners shared on ways to enhance value and realise growth potential. Speakers included Jason Loh, founder and CEO of Piece Future; Jari Vaario, Head of Asia Patent Transactions and External Alliances of Nokia Technologies; Yoshinori Nakagawa, Chief Intellectual Property Specialist of Panasonic Corporation; and Tony Chen, Business Development Director of Hong Kong's X-Tech Startup Platform.

The 2020 competition will focus on digitalisation, smart city development and the Internet of Things, with participating start-ups encouraged to unleash their creativity and expand existing patented technologies to new business areas through swift IP commercialisation.

Global Tech Summit opens tomorrow to examine technological disruptions

The protection of IP is essential in promoting creativity and technological innovation. This subject will be addressed in tomorrow morning's Global Tech Summit, which will be split into three sessions, each featuring renowned speakers. In the first session, Li Zexiang, Professor of the Department of Electronic and Computer Engineering at the Hong Kong University of Science and Technology, will speak on disruption as the "new normal". In the second session, Aldous Ng, CEO of CU Coding Limited, will be joined by Yongping Zheng, Co-founder and Technical Advisor of Telefield Medical Imaging Limited, and Dennis Cheung, Associate Director of Teksbotics (Asia) Limited, to speak about the new wave of talent in Hong Kong's technology sector.

In the third and final session of the summit, Alexander Ng, Vice President of Tencent Healthcare, and Gary Chan, Professor of the Department of Computer Science and Engineering at the Hong Kong University of Science and Technology, will explore technological disruptions in the healthcare industry amid the global pandemic. While the pandemic has created untold disruption in its own right, it has also been the catalyst for a new wave of revolutionary technologies. The pioneers taking part in the session will discuss the emerging technologies that are likely to reshape economies and redefine industries.

Several concurrent breakout sessions will be held on the second day of the forum, including the IP Market and Industry Insights session co-organised with China Daily. Expert speakers including Kevin Lee, founder and CEO of Redspots Creative (HK) Company Limited, Catherine Liu, Research Director of EntGroup Solution Centre, Beijing EntGroup Century Data Technology Co, Ltd., Yang Xiaoxuan, Vice President of iQIYI, and Sze Yan Ngai, Founder and Chairman of Gameone Holdings Limited, will examine IP strategies in the age of "digital ambassadors", where virtual idols are gaining momentum and offering tremendous business opportunities - with a concurrent rise in related IP issues.

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