cyberport speaker series 2009.03.11
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Cyberport Speaker Series Make Big Money From Innovation Monetizing and Managing Your Intellectual Property 2009.03.11TRANSCRIPT
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Charles MokInternet Society Hong Kong
2009.03.11
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Under the financial tsunami
Recession economy with uncertain recovery path Cash crunch and gloomy
investment atmosphere Unemployment Reduced expectations? Continue to innovate? The end of the tunnel
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Today's environment Web 2.0
– Interactive, sharing, open Key issues
– Open everything
– Intellectual property protection vs. opening sharing?
– Social networks Security and privacy
– Building security into business process Innovation in tough economic times
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The Best of Times, The Worst of Times
Some of the best companies are started during the worst times: Apple, General Electric, IBM, Microsoft, McDonald's, Walt Disney, Electronic Arts etc.
Best innovations comeduring toughest economic times: IBM PCs, Apple's iPod, Campbell's condensed soup
Source: Scott Anthony, Innosight, 2009
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Regional policy perspectives
China's National Development & Reform Commission: "Outline of the Plan for the Reform & Development of the Pearl River Delta" (Jan 2009) Hong Kong as a financial, trading and service hub Roles of Guangzhou, Shenzhen, etc. Opportunities in ICT services, telecom and cultural/
creative industry
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Local policy perspectives
Creative industry development CreateHK – dedicated coordinating office Earmarked funding -- $300M for three years
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Change can happen
You either bring about change, or you are changed.
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The key questions...
• What is innovation? How to innovate?
• How to protect your innovation and intellectual asset?