Innovation and Technology |
| Date | Context | Summary of development | Action | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 27.3.98 | FC | FC approved the proposal for creation of a new capital account subhead titled "Applied Research Fund (ARF)" and a Government injection of $525 million for financing applied research and development projects under ARF. [Paper] | |||||||||||||
| 5.5.99 | CQ | Dr Hon LUI Ming-wah raised a question on processing of applications for ARF. [Hansard] | |||||||||||||
| 14.6.99 | TI | The Panel discussed the proposed framework for the establishment of the Innovation and Technology Fund (ITF) for promoting innovation and technology in the industrial and business sectors. [Paper]
The Administration would submit a funding proposal seeking FC's approval for an injection of $5 billion to ITF. | |||||||||||||
| 5.7.99 | TI | The Panel discussed the paper on the operation of ARF since its management was contracted out to three private sector venture capital firms during the period from 5 November 1998 to 30 April 1999. [Paper] | |||||||||||||
| 9.7.99 | FC | FC approved a Government injection of $5 billion for setting up ITF to promote innovation and technology development in Hong Kong. [Paper] | |||||||||||||
| 3.4.00 | TI | The Panel discussed the paper on the Administration's reorganization proposal of establishing an institutional framework for promoting innovation and technology, attracting external direct investment and providing support to industry and commerce. The proposal included the setting up of Innovation and Technology Commission to oversee the operation of ITF and ARF. [Paper] | |||||||||||||
| 9.5.00 | TI | The Panel discussed papers on the latest development of ITF and ARF since April 1999. [Paper on ARF] [Paper on ITF] | |||||||||||||
| 10.5.00 | ESC | ESC endorsed the Administration's proposal of establishing an institutional framework for promoting innovation and technology, attracting external direct investment and providing support to industry and commerce with effect from 1 July 2000. [Paper] | |||||||||||||
| 9.6.00 | FC | FC approved the staffing proposal endorsed by ESC on 10 May 2000. [Paper] | |||||||||||||
| 13.11.00 | CI | The Panel discussed paper on the latest development of ITF since May 2000. Members were concerned about the commercialization of ITF projects and the need to develop criteria for evaluating the effectiveness of ITF projects. Members also urged the Administration to take measures to safeguard against any abuse of the fund. [Paper] | |||||||||||||
| 11.12.00 | CI | The Panel discussed paper on applications and management of ARF since May 2000. [Paper]
The Adminstration also provided members with quarterly updates on financial position of ARF since December 2000. [1 June 2009 to 31 August 2009] [1 March 2009 to 31 May 2009] [1 December 2008 to 28 February 2009] [1 September 2008 to 30 November 2008] [1 June 2008 to 31 August 2008] [1 March 2008 to 31 May 2008] [1 December 2007 to 29 February 2008] [1 September 2007 to 30 November 2007] [1 June 2007 to 31 August 2007] [1 March 2007 to 31 May 2007] [1 December 2006 to 28 February 2007] [1 September 2006 to 30 November 2006] [1 June 2006 to 31 August 2006] [1 March 2006 to 31 May 2006] [1 December 2005 to 28 February 2006] [1 September 2005 to 30 November 2005] [1 June 2005 to 31 August 2005] [1 March 2005 to 31 May 2005] [1 December 2004 to 28 February 2005] [1 September 2004 to 30 November 2004] [1 June 2004 to 31 August 2004] [1 March 2004 to 31 May 2004] [1 December 2003 to 29 February 2004] [1 September 2003 to 30 November 2003] [1 June 2003 to 31 August 2003] [1 March 2003 to 31 May 2003] [1 December 2002 to 28 February 2003] [1 September 2002 to 30 November 2002] [1 June 2002 to 31 August 2002] [1 March 2002 to 31 May 2002] [July 2001 to February 2002] [April 2001 to June 2001] [December 2000 to March 2001] | |||||||||||||
| 25.4.01 | CQ | Dr Hon LUI Ming-wah raised a question concerning statistics on ITF [Hansard "page 41"] | |||||||||||||
| 16.5.01 | CQ | Hon Eric LI raised a question concerning the low level of funding approved under ITF. [Hansard "page 64"] | |||||||||||||
| 27.2.02 | CQ | Hon WONG Yung-kan raised a question on the criteria adopted for approving applications under ARF, the number of applications and level of grant approved under ARF since its establishment. [Hansard "page 55"] | |||||||||||||
| 11.3.02 | CI | The Panel discussed paper on the outcome of the review of ITF and urged the Administration to take measures to improve the operation of ITF. [Paper]
The Panel discussed the updated financial position of ARF since July 2001. Having regard to members' concern on the losses incurred in the ARF investments, the Administration had undertaken to ascertain whether ARF should be retained. [Paper] | |||||||||||||
| 5.6.02 | CQ | Hon Abraham SHEK raised a question concerning statistics on ITF. [Hansard "page 59"] | |||||||||||||
| 10.2.03 | CI | The Panel discussed the paper on the progress made by the Administration in developing a framework to evaluate the performance of projects funded by ITF. [Paper]
The Panel discussed the paper on the outcome of review on the role and future of ARF. [Paper] The Panel discussed the Administration's proposal to support the Hong Kong University of Science and Technology (HKUST), with a commitment of $56,911,000 under ITF, to explore and develop the application of nanotechnology. [Paper] | |||||||||||||
| 11.4.03 | FC | FC approved the creation of a new subhead "Development of functional nanomaterials and technologies by the Hong Kong University of Science and Technology" (HKSCIT) under ITF with a commitment of $56,911,000 to support a project from HKSCIT for developing functional nanomaterials and technologies through the establishment of the Institute of Nanomaterials and Nanotechnology. [Paper] | |||||||||||||
| 12.5.03 | CI | The Panel discussed paper on the Administration's proposal for the establishment of an integrated circuit (IC) centre by the Hong Kong Science and Technology Parks Corporation (HKSTPC) under ITF. [Paper] | |||||||||||||
| 13.6.03 | FC | FC approved the creation of a new subhead "Establishment of IC Development Support Centre by HKSTPC" under ITF with a commitment of $57,859,000 to strengthen Hong Kong's IC design capabilities. [Paper] | |||||||||||||
| 13.4.04 | CI | The Panel was briefed on the progress of the work of the Administration's innovation and technology programme, as well as its new strategic framework for innovation and technology development. [Paper]
The Administration undertook to conduct a detailed review on ITF and ARF having regard to members' concern on the cost-effectiveness of both schemes. At members' request, the Administration provided the Panel information on resources allocated by governments in other countries on research and development projects contributing to industrial development and the effectiveness of such projects. [Follow-up paper] | |||||||||||||
| 6.04 | PAC | Report of the Public Accounts Committee on Report No. 42 of the Director of Audit on the Results of Value for Money Audits and Supplemental Report of the Public Accounts Committee on Report No. 41 of the Director of Audit on the Results of Value for Money Audits tabled at Council meeting. [Report "page 28"]
In examining the Director of Audit's Report on the funding of projects under the ARF, PAC noted the Director of Audit's recommendation that the Secretary for Commerce, Industry and Technology should take the lead to critically review the role of the ARF having regard to the losses incurred. PAC agreed that the subject matter, in particular the feasibility of continuing the ARF, be referred to the Commerce and Industry Panel for further discussion. The Administration has advised that a comprehensive review on both ITF and ARF is now underway and the target date of completion of the review will be approximately October/November 2004. The Administration will report to the Panel the outcome of the review in due course. | |||||||||||||
| 12.7.04 | CI | Extract of the Director of Audit's Report and PAC's report on the "Costs and Achievements of the Applied Research Fund" circulated to members for information. [Paper] | |||||||||||||
| 20.10.04 | COU | Chief Secretary for Administration tabled the Government Minute in response to the Report No. 42 of the Public Accounts Committee dated June 2004 [Hansard "page 7"] | |||||||||||||
| 27.10.04 | CQ | Ir Hon Dr Raymond HO raised a question on "Promotion of scientific research pursuits".[Hansard "page 60"] | |||||||||||||
| 18.1.05 | CI | The Panel discussed paper on the new strategic framework for Innovation and Technology Development and review of the Applied Research Fund. [Paper]
Background brief prepared by the Secretariat [Background brief] [Follow-up paper] | |||||||||||||
| 17.5.05 | CI | The Panel considered the Administration's funding proposals to set up individual Research and Development centres and support the two projects under the ITF to pursue the focus themes of digital entertainment and mechanical watch movement. [Paper] [Background brief] | |||||||||||||
| 24.6.05 | FC | FC approved a commitment to
| |||||||||||||
| 21.11.06 | CI | The Panel discussed the following papers on:
| |||||||||||||
| 29.11.06 | CQ | Hon WONG Ting-wong raised a question on the nurturing of scientific and technological research talents. [Hansard "page 72"] | |||||||||||||
| 23.5.07 | CQ | Hon SIN Chung-kai raised a question on Internship Programme under ITF. [Hansard "page 86"] | |||||||||||||
| 17.7.07 | CI | The Administration reported to the Panel the progress achieved by the R&D Centres since their establishment in April 2006 to June 2007. [Paper] [Follow-up paper] | |||||||||||||
| 17.7.07 | CI | The Panel discussed with the Administration the proposals to improve the Small Entrepreneur Research Assistance Programme and the University-Industry Collaboration Programme (UICP) under ITF. [Paper] | |||||||||||||
| 19.12.07 | CQ | Hon Andrew LEUNG Kwan-yuen raised a question on boosting investments in scientific research, development and encouraging creativity. [Hansard "page 18"] | |||||||||||||
| 15.1.08 | CI | The Administration reported to the Panel on the outcome of the public consultation on the proposal to relax the geographical restrictions of the UICP under ITF. [Paper] | |||||||||||||
| 17.6.08 | CI | The Administration updated the Panel the progress of the R&D Centres for the period July 2007 to May 2008. [Paper] [Background brief] [Follow-up paper] | |||||||||||||
| 18.11.08 | CI | The Administration briefed the Panel on the latest position of the operation of the Digital Entertainment Incubation-cum-Training Centre. [Paper] [Background brief] | |||||||||||||
| 12.12.08 | FC | FC approved an increase in the commitment of Subhead 108 under Head 111 Innovation and Technology from $30.8 million by $25.2 million to $56 million and the retitling of this Subhead as Cyberport Digital Entertainment Incubation-cum-Training Programme. [Paper] | |||||||||||||
| 21.4.09 | CI | The Panel discussed the outcome of the mid-term review of the operation of the R&D Centres. [Paper] [Background brief] [Mid-term review reports of the five Research and Development Centres] | |||||||||||||
| 29.4.09 | CM | A motion moved by Hon Mrs Regina IP LAU Suk-yee on developing new economic strategies to meet economic challenges was passed. [Hansard "page 257"] | |||||||||||||
| 19.5.09 | CI | The Panel discussed the funding proposal to extend the operation of the R&D Centres up to 2013-2014. [Paper] [Background brief] | |||||||||||||
| 19.5.09 | CI | The Administration briefed the Panel on the work and activities conducted by the Hong Kong Design Centre's between April 2008 and March 2009. [Paper] [Background brief] | |||||||||||||
| 3.6.09 | CM | A motion moved by Dr Hon PAN Pey-chyou on promoting research and development was passed. [Hansard "page 203"] [Progress report] | |||||||||||||
| 16.6.09 | CI | The Administration briefed the Panel on collaboration underway between Hong Kong and the Mainland to promote technological development. [Paper] [Follow-up paper] | |||||||||||||
| 19.6.09 | FC | FC approved an increase in the commitment of the following Subheads under Head 111 Innovation and Technology and the retitling of the Subheads -
| |||||||||||||
| 15.12.09 | CI | The Administration briefed the Panel on the proposed implementation framework for the R&D Cash Rebate Scheme. [Paper] [Background brief] | |||||||||||||