TNAG-1607-FCO40-22122-Minutes-and-Hansards-of-the-Legislative-Council-of-Hong-Kong-1987 — Page 63

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The machinery should not only provide an effective framework for the transfer of technology from various sources abroad, but should also promote and strengthen research and development in Hong Kong. There may be scope in some areas for Hong Kong to develop its own technology and its own systems, for

This does not example, applications software for CAD/CAM.

require sophisticated equipment or large capital investment. Local expertise should be adequate to develop applications software to suit local needs.

This is just one example. There may be other areas where local expertise could be utilized to the full benefit of Hong Kong. My firm conviction is that strengthening of research and development activity locally is a prerequisite for technology transfer. A judicious combination of the two activities should produce conditions of integrity, dependability and soundness for the economy of Hong Kong.

In

A utilization of local expertise effectively would enhance the speed and success of research and development. fact, most of the local expertise could be found in universities and polytechnics in Hong Kong. For example, over 60 well-qualified professional engineers and many scientists in different fields could now be found in the University of Hong Kong alone. A majority of them have studied and worked abroad and therefore collectively have a wealth of experience and expertise. It is a well-established practice in technologically developed countries, such as USA, UK, and Japan, for industries to co-operate with tertiary institutions in research and development work.

A central body is required to coordinate the relevant market researches, to identify areas of technology transfer and local research and development and to act as a central funding agency to ensure that the researches are adequately funded and

A scheme to diffuse the priorities are properly established.

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