Corporate Innovation Index

Corporate Innovation Index 3.0: Advancing Hong Kong Corporate Innovation with Strategic Benchmarking and Best Practice

Corporate Innovation Index

An innovation management and assessment tool to promote corporates’ innovation culture and to enhance corporate innovation capabilities and achievements in both large and small corporates in Hong Kong.

In response to the SAR Government’s call for developing HK into an Innovation Hub of the Region, we propose to:

  • Establish a conceptual framework of corporate innovation that is suitable for HK in the digital age,
  • Develop a set of measurement matrices and recruit 100 corporates and 200 SMEs to participate in the Corporate Innovation Index ranking, and
  • For sustainability, (i) produce guidebooks and online, quick CII measurement tools; (ii) conduct workshops and training sessions for business leaders; (iii) repeat the ranking exercise.

This project is funded by the Innovation and Technology Commission (ITC) of the HKSAR, under the General Support Scheme (GSP).

This project aims to achieve the following seven objectives:

Update the framework and conduct assessments to recognize top-performing companies through an award ceremony.

Examine longitudinal data to identify trends among resources, enablers, and outcomes of corporate innovation for strategic insights.

Share best practices to help businesses assess performance and adopt effective innovation strategies.

Create tailored training programs for SMEs to address challenges and promote competitiveness.

Use analysis findings to offer evidence-based recommendations for public policies that foster innovation.

Encourage partnerships among corporates, SMEs, and innovation enablers through seminars, workshops, and online platforms.

Highlight Hong Kong’s innovative companies and foster an innovation culture to position it as a global leader in innovation.

  • Strengthen innovation awareness and innovation culture for the companies and people in Hong Kong
  • Highlight Hong Kong’s role as a global innovation hub to inspire broad societal participation in innovation
  • Develop tailored training programs addressing regional challenges to equip SMEs and corporates with practical innovation tools
  • Integrate an SME Innovation Toolkit to enhance innovation assessment and capability-building
  • Provide a reference for large corporates to make investment decisions on innovation & technologies
  • Provide investors with a reference on the innovation capabilities of their investing corporates
  • Provide objective and scientific analysis to formulate innovation and technology policies and schemes
  • Create a favourable, innovative business environment to attract innovative talent and foreign companies to Hong Kong
  • Strengthen start-ups’ understanding of innovation gaps within corporates and SMEs

Steering Committee

  • To advise the CII project on the direction, development and implementation of the project;
  • To monitor and review the overall progress of the CII project; and
  • To advise the CII project on the way forward including promoting and enhancing corporate innovation capabilities and achievements for both large and small corporates in Hong Kong.

Expert Panel

  • Provide advice on the composition of the Hong Kong Enterprise Innovation Index with reference to international trends and developments;
  • Review the methodology for the composition of the Enterprise Innovation Index;
  • Optimize the enterprise innovation index model; and
  • Develop and lead the calibration and ranking of the Enterprise Innovation Index

Support From Industry & Tech Ecosystems, Sponsor Companies & Organisations

Strategic Partner

The Hong Kong General Chamber of Commerce

Sponsors (in alphabetical order)

Airport Authority Hong Kong

Canossa Hospital (Caritas)

Frutodor Trading Limited

Hang Seng Bank Limited

Hong Kong Air Cargo Terminals Limited (Hactl)

Hong Kong Cyberport Management Company Limited

Hong Kong Science and Technology Parks Corporation

Joint Electronic Teller Services Limited

RaSpect Intelligence Inspection Limited

Ricoh Hong Kong Limited

S.F. Express (Hong Kong) Limited

The Bank of East Asia, Limited

The Hong Kong and China Gas Company Limited

Welab Bank Limited

*Disclaimer: Any opinions, findings, conclusions, or recommendations expressed in this material / event (or by members of the project team) do not reflect the views of the Government of the Hong Kong Special Administrative Region, the Innovation and Technology Commission, or the General Support Programme Vetting Committee of the Innovation and Technology Fund.

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