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WeLab Bank, HSBC and Hang Seng Bank are the top three companies
Hong Kong Special Administrative Region – media outreach – 23 November 2022 – The Corporate Innovation Index (CII) Awards Presentation Ceremony and Forum 2022 today announced Cheng of the Chinese University of Hong Kong (CUHK) to recognize the top ranked innovative companies and SMEs in 2022. It was held at the Yu Tung Building.
Innovation and Technology Honorary Commissioner Rebecca Pun Ting-ting (second from left) and Legislative Council Member Hon Duncan Chiu (right from right) with CUHK Vice-Chairman at the CII Awards 2022 awards ceremony 2nd) -Professor Rocky S. Tuan, President and Chancellor (3rd from left) and Prof. Lin Zhou, Dean of CUHK Business School (3rd from right), Prof. Chun Waiman, Executive Director of APIB (from left) 1st), and Mr. Patrick Lee Convener of Smart Cities Working Group, HKGCC (1st from right). 
Innovation and Technology Commissioner Rebecca Pung Ting-Ting and Legislative Council Member (Technology Innovation Constituency) Hong Duncan Chiu were invited as guests to conduct the award ceremony and CUHK He was commended with the Vice President and the President Professor. Rocky S. Tuan and his Professor Zhou Lin, Dean of CUHK Business School.
Representatives of the top 20 CII constituent companies presented the CII Awards 2022 Certificate. 
Responding to the Hong Kong government’s mandate to develop Hong Kong into an innovation hub, the Asia Pacific Business Institute (APIB), the executive education arm of CUHK Business School, launched CII with the Hong Kong General Chamber of Commerce in April 2021 . Commerce (HKGCC) as a strategic partner. The project was initiated by his Professor Cheung Waiman, Executive Director of APIB and funded by his Innovation and Technology Commission (ITC) of the Government of Hong Kong under the General Support Program (GSP).
Aimed at revitalizing Hong Kong’s economy with innovation in the digital age, CII is an innovation management initiative that helps promote an innovation culture, enhance innovation capacity, and assess the success of technology adoption in Hong Kong’s large and small enterprises. and is designed to provide assessment tools.
We recruited over 200 companies to conduct the CII 2022 research questionnaire and explored their innovation performance in 2021. Companies come from a wide range of industries including retail, trade and logistics, manufacturing, tourism and hospitality, business and professional services. Financial Services & Fintech, Real Estate, Construction & Proptech, Information, Technology & Communications, Healthcare & Biotechnology.
At the award ceremony, Professor Rocky S. Tuan said: We aim to be an agent of positive change in knowledge, attitudes and practices in relation to innovative and sustainable development in Hong Kong and the rest of the world, with universities working with industry and government. We believe there is plenty of room and opportunity to do so. Today we are pleased to launch the first-ever Hong Kong Business Innovation Index to celebrate the performance of top-ranked companies. It also informs policy makers about current trends in innovation in Hong Kong’s corporate environment and promotes Hong Kong’s innovation and technology ecosystem. ”
Congratulating APIB on the success of its first CII, Rebecca Pang said: We will further strengthen the I&T ecosystem and re-industrialization. In particular, during the next fiscal year, we will introduce a new funding scheme called the “Research, Academic, and Industry One Plus Scheme,” or the “RAISe+ Scheme,” for short, which provides funding to university research teams on a matching basis. It is likely to become an I&T start-up, promoting cooperation between industry, academia and research departments, promoting the “1 to N” transformation of outstanding R&D achievements and the development of the technology industry. ”
Hon Duncan Chiu added: It fosters expertise in the application of technology and recognizes the company’s achievement of excellence and innovation. ”
“By introducing Hong Kong’s first Enterprise Innovation Index, we hope to extend the culture of innovation to the wider community and build a network of cross-sectoral experts in business innovation,” said Professor Chow Ling. ‘ said.
The ceremony honored the top 20 CII constituent companies and 25 Star Award SMEs for 2022. WeLab Bank, HSBC and Hang Seng Bank were named among the top three innovative companies with the highest scores in the CII 2022 survey. [For the CII 2022 top-ranked constituent companies and star award SMEs, please refer to appendix 2.]
The forum is divided into two sessions, one for corporations and one for SMEs. Lessons learned from building an innovative company When SMEs Enabling Innovation Key Success Factors and Overcoming Challenges in Hong KongProf. Toa Charm, Associate Professor of Management Practice and Dominic Chan, Associate Professor of Entrepreneurship Practice, CUHK Business School; Patrick Lee co-moderated. forum. “We have embarked on an important journey to identify the success factors for innovation in companies large and small,” said Patrick Lee in his speech at the forum.
A CII online assessment tool, guidebook, and series of seminars and workshops are now available to help companies improve their innovation practices. Meanwhile, CII has launched his 2023 investigation. We are already looking for participants. For more information, please visit https://exed.bschool.cuhk.edu.hk/join-cii/.
appendix
Corporate Innovation Index 2022 Ranking
Corporate Innovation Index 2021-2022 CII constituent companies:
WeLab Bank (1st place)
• The Hongkong and Shanghai Banking Corporation Limited (2nd)
• Hang Seng Bank (3rd)
• Amazon Web Services Hong Kong Limited (4th)
• YOOV Internet Technology (HK) Limited (5th place)
• Prenetics Global Limited (6th)
• Tricor Hong Kong (7th)
• Esquel Group (8th)
• Arup (9th)
•Midland Holdings (10th)
(Companies ranked 11-20 alphabetically)
• China State Construction Engineering (Hong Kong) Limited
• FUJIFILM Business Innovation Hong Kong Limited
• Gammon Construction Limited
• Limited to Hong Kong Air Cargo Terminal
• Hutchison Telecommunications Hong Kong Holdings Limited
• Laramauve
• MTR Corporation
• New World Development Company Limited
• Sensetime Group Limited
• The Hongkong Electric Co., Ltd.
appendix
CII 2022 SME Star Rankings:
Three Star Award SMEs: (7) – Alphabetical order
• Asia Top Loyalty Limited
• beNovelty Limited
• Biomed Technology Holdings Limited
• Carbon World Limited
• Provista Technology Limited
• RaSpect Intelligence Inspection Limited
• ShipAny Limited
2-Star Small Business: (6) – Alphabetical order
• Furtodor Limited
• iASPEC Technologies Limited
• Cologne 3D Technology (Medical) Limited
• Royal Learning Group Limited
• Venture Global Limited
• Wizpresso Limited
One Star Award SMEs: (12) – Alphabetical order
• Animae Technologies Limited
• Digital Oasis Limited
• Eco Enrich Company Limited
• Forsee Information Technology Co. Limited
•HAIKAN LIFE CORPORATION LIMITED
• Hong Kong Virtual Asset Exchange
• Toyo Machine Tool Co., Ltd.
• Rice Robotics Limited
• Exclusive to SyZyGy
• TESS Asia Limited
• Ubizens Limited
• Wessen Group Limited
Hashtag: #CUHKBusinessSchool
About the Corporate Innovation Index
In response to the Hong Kong government’s call to develop Hong Kong into a regional innovation hub, CUHK Business School’s APIB has established a conceptual framework for Hong Kong’s corporate innovation in the digital age and developed a set of measurement matrices called corporate innovation. Did. Index (CII). Each year he recruits hundreds of large and small businesses to participate in his CII rankings. CII aims to promote the awareness and importance of innovation in Hong Kong businesses in the rapidly changing digital age. It recognizes top-ranked innovative companies and helps participating companies benchmark and learn from industry leaders. Strengthen the innovation capacity of Hong Kong companies and business leaders through education and training. It informs policy makers about the state of and current trends in corporate innovation in Hong Kong to facilitate the formulation of public policies that promote the sustainability, competitiveness and reputation of Hong Kong businesses at home and abroad. CII is funded by the Innovative Technology Commission (ITC) of HKSAR under the General Support Scheme (GSP).
See below for more information. 
https://exed.bschool.cuhk.edu.hk/zh/corporate-innovation-index/
About CUHK Business School
CUHK Business School consists of two schools, Accounting and Hotel and Tourism Management, and four departments: Decision Science and Business Economics, Finance, Management and Marketing. Founded in Hong Kong in 1963, it is the first business school in Asia to offer his BBA, MBA and Executive MBA programs. Currently, CUHK Business School offers 10 undergraduate programs and 20 postgraduate programs including MBA, EMBA, MAcc, MSc, MPhil, DBA and PhD. Currently, the school has over 4,600 undergraduate and graduate students from over 20 countries and regions.
in the financial times Executive MBA Rankings 2022, CUHK’s EMBA ranked 24th in the world.of financial times Global MBA Ranking 2022, CUHK’s MBA ranked 50th. CUHK Business School has the largest number of business graduates (over 40,000) among Hong Kong’s universities and business schools, many of whom are business leaders. www.bschool.cuhk.edu.hk
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