Technological Innovation : Open Innovation

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1 Technological Innovation : Open Innovation 10 March 2015

2 What is open innovation? Open Innovation is a co-create innovation ecosystem: R&D Centers Entrepreneurs Customers Ecosystem Universities End Users Supply Chain Partners 2

3 Open Innovation Advantages Open Innovation leads to: Richer Market Opportunities Accelerated solution to technology and business challenges Win-win situation for all parties involved 3

4 Open Innovation Approach Run an idea competition Create a Customer Lab Create Platform for others to build solutions Open Innovation Build an open portal to invite collaboration Co-create with customers or partners Run a lead user project 4

5 Open Innovation Examples HKUST Perception Digital ASTRI 5

6 Example: ASTRI project runway Government Support Corporate Sponsorship Independent Private Company Science Park Incubation Program Cyberport Incubation Program ASTRI Project RUNWAY Open Public Private Incubation Program *University does provide incubation to companies not individuals. There is usually no salary provided, nor free engineering services, interdisciplinary technical team support, or broad based IPs. There is also usually a lesser support from full time marketing and sales team. Universities* 6

7 Overview of ASTRI 7

8 About ASTRI ASTRI is a government subvention organization, focusing on R&D on information and communication technologies (ICT), with a mission to perform high quality R&D and transfer technologies to the industries. Key R&D areas ASTRI is the largest R&D centre in Hong Kong with an annual funding around HK$410M. Key R&D areas include: IC design Sensors Modules Packaging Li-ion battery materials Embedded software (e.g. MBD) Cloud computing (e.g. cyber security, big data analytic) Wireless network (e.g. 5G, RF antenna design) and others, covering an extensive range of technological fields R&D Capability Among the current 500-strong staff, 420 (~85%) are R&D talents, 25% of which hold a PhD degree, 50% Master s and 25% Bachelor s. 25%(105) PhD 50% (210) Master s 25% (105) Bachelor s 8

9 Core Competence &Technology Scope Advanced Manufacturing Financial Technology Medical & Health Education Smart Living IC Design (Analog) IC Design (Digital) Optoelectronics Electronics Components Software & Systems Security & Data Sciences Commu. Tech. RFIC Design Memory Sensors Packaging Mobile Computing & System Cyber Security Baseband Solutions Low Power Design Video Modules/ Integration Li Battery Smart Living Data Analytics Networking Software Design Technology Communication Mfg Tech (Optical) Embedded Systems Cloud Computing Emerging Systems Community Service Optical IC Design National Engineering Research Centre for ASIC System (HK) Security & Surveillance ASIC Implementation Next Generation Network Multimedia Processing Data Analytics AHITRC ASTRI Security Lab Electronics 9

10 R&D Direction and New Strategies ASTRI s positioning in the next three years With a market orientation, ASTRI will collaborate with enterprises and research institutions on the Mainland and overseas in different ways, such as joint laboratory, alliance and R&D centre, to jointly advance innovation and technology. Through this platform, we seek to promote exchange of information and technologies and nurture R&D talents. R&D Directions Acting in line with China s 13th 5-Year Plan, we will leverage the competitive advantage of HK and the core competences of ASTRI (such as overseas talents, international connection, advanced facilities) to implement the country s major technology projects, develop strategic emerging industries, advance core and critical technologies in key areas, and conduct basic research and frontier technologies. Adopting a market orientation, we work closely with our customers and business partners to define and to develop the next generation technologies and products. 10

11 R&D Direction and New Strategies (Cont d) ASTRI s New Strategies ASTRI strives to achieve scalability and sustainability through the introduction of new initiatives, new collaboration models, and a cohesive internal organizational structure, policies and other measures. New initiatives include financial technology, advance manufacturing technology, the next generation of network technology, medical and health sensors and systems technology, smart living, and so on. New model includes collaboration with companies, major universities, and research institutions, set up R&D center themes, joint laboratory & alliance. Take advantage of this platform for information exchanges, mutual complementarily, and promote innovative technologies, personnel training. Integration of internal organizational structure; develop RD strategies; streamline procedures as well as market-oriented R&D to improve efficiency. 11

12 Disclaimer The information contained in this presentation is intended solely for your reference and may be subject to change without further notice. Such information's truthfulness, accuracy or completeness is not guaranteed and it may not contain all the material information concerning Hong Kong Applied Science and Technology Research Institute Company Limited and/or its affiliates (collectively, "ASTRI"). ASTRI makes no representation or warranty regarding, and assumes no responsibility or liability for, the truthfulness, accuracy or completeness of any information contained herein. In addition, the information may contain projections and forward-looking statements that may reflect ASTRI s current views with respect to future events and financial performance. These views are based on current assumptions which may change over time. ASTRI makes no assurance that such future events will occur, that such projections will be achieved, or that ASTRI s assumptions are correct. Lastly, this presentation does not constitute an offer made by ASTRI whatsoever (including an offer relating to ASTRI's technologies and/or services). 12

13 End of Presentation Thank you. Questions are welcome. Corporate website: Contact: Jack Lau 13

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