Presentation to PolyU Executive Master in Digital Leadership 24-Sep 2016

1. Policies and Measures to
encourage Digital
Innovation in Hong Kong
PolyU's Executive Master in Digital Leadership 24 Sep 2016

2. 4 million searches
On Google
3 million posts
On Facebook
400 hours of video
On YouTube
Each minute of every day the following happens on the internet…
Source: Gwava (updated: 9/8/2016)

3. Data is the new oil?
No, data is the new soil.
David McCandless
British data-journalist
Founder of visual blog Information Is Beautiful

4. How global big companies drive
innovation
◇ collaborating with startups
◇ partnering with third parties e.g. tech
companies
◇ creating innovation from within.

5. Can Hong Kong
government do it?
Hong Kong’s ranking
of innovation has
been falling behind…
while Singapore
government is ever
more aggressive in
pushing innovation
from within the
bureaucracy.

6. Thoughts from my Singapore visit

7. What does the future hold?

8. Example: FinTech disrupting finance
◇Insurance done differently

9. Mobile-friendly, low cost robo-advisors
targeting millennials’ investment

10. What do these innovations
have in common?
• Intuitive & accessible (mobile) user
interfaces
• Consumer-friendly business models
• Greater transparency
• Data-driven insights

11. What are the
hurdles we face?

12. What has been
HK govt’s first
approach in
supporting
innovation and
technology?
Money.

13. But we need more than money!
Policy
Creating
market
demand
Talent
Building /
education
Making
Data
Work
User-centric
mindset
Innovation-
friendly
regulations
Infrastructure

14. Creating Better Prospects
for IT Professionals
Upgrade IT
Workforce Through
Skills Training
Create More
Quality IT Jobs
Professional
Recognition For IT
Workers

15. Spurring Growth and
Innovation in Technology
More Industry Policies
And KPIs
More Support For R&D
And Technology
Transfer
Make Hong Kong A
Global Talent Hub
Review Outdated Laws
To Foster Innovations

16. Support Local SMEs and
Startups
Revamp Government’s
“Lowest Price Wins”
Procurement Policy
Buy local and improve
Overall Support For
Startups
Tax incentives for angel
investors and venture
funds to ease funding
for startups

17. Education: Invest in Our
Future
Reform And Update
STEM Education
Coding For All In Basic
Education
Empower And Train ICT
Teachers
Equip Our Schools For
E-Learning

18. Building Top-notch Digital
Infrastructure
Strengthening Hong
Kong As A Data Centre
Hub
Improving Network
Connection In Rural
Areas
Better Public Wi-Fi
Quality And Coverage
Increase Supply Of
Spectrum
Closing The Digital
Divide

19. Open Government Through
Technology
Bottom-Up, Open
Participation In Smart
City
Better Use Of IT To
Monitor The
Environment And For
City Planning
Revamp Policies For
Smart Transport

20. Start
from
changing
mindset!

21. ANY QUESTIONS?
You can find me at
Facebook: Charles Mok 莫乃光
Twitter @charlesmok
charlesmok@charlesmok.hk
www.charlesmok.hk