Tuesday, November 28, 2006

HK's Cyberport Becomes IP Training Centre

Hong Kong's Cyberport finally seems to get a new destination as an IP capital centre, where companies can get training and information about how to manage their IPRs.

Initially, in 2000 the plan was that Cyberport would be a place with a campus where science and entrepreneurs in new technology/IT interact and flourish, to no avail.

The plan started on the wrong foot. The former HK Chief Executive, Tung Chee-Hwa was alleged to have favoured Li Ka-Shing's son Richard, see an article in the HK Standard about it here. The investment in the project by the HK government was criticised and in the press the project was often called a white elephant. With an occupancy rate of only 42 per cent in 2005 it was about time the place found a new desination.

"Alan Lung of ABCM Consulting at a seminar on managing intellectual assets held in Hong Kong last week. Other centres are proposed for the mainland Chinese cities of Hangzhou and Guangzhou. A government decision on funding for the Hong Kong centre is expected in December." See Peter Ollier's article for Managing IP here.

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