Cyberport Speaker Series 2009.03.11

Charles MokInternet Society Hong Kong

2009.03.11

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

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

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

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

Local policy perspectives

Creative industry development CreateHK – dedicated coordinating office Earmarked funding -- $300M for three years

Change can happen

You either bring about change, or you are changed.

The key questions...

• What is innovation? How to innovate?

• How to protect your innovation and intellectual asset?

Thank you

莫乃光 Charles Mok

[email protected]

http://www.charlesmok.hk