11
20.
I am grateful
to
Professor
Poon making. a
number of helpful suggestions on industrial research and
development and the role this plays in technology
transfer. I am particularly grateful for his suggestion
that, in this field, the projects that are funded by the
Government should focus more on development that is to
say, the breaking down and simplifying of known research
with a view to assessing whether and to what extent it
could be applied to manufacturing processes
original research.
that,
I would like
to
than on
assure him that
in fact, underlies the IDE'S criteria for
endorsing industrial development projects. By and large
the dozen or so projects funded on the advice of the IDB
try on the one hand to avoid basic research (because of
known dangers of re-inventing the wheel) and endeavour
to translate the available research into useful
that processes
industrial
application in manufacturing
marketed, on the other.
could have foreseeable
and which could be
21.
Mr. Stephen Cheong and Mr. Clydesdale proposed
that reviews should be undertaken of all manufacturing
industries and that these should be up-dated from time
to time, in order to provide the Industry Department and
to the IDB with up to date information on which they
develop effective industrial policies.
Richard Lai suggested that
could
Mr.
that the same approach could be