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Boosting R&D in Hong Kong requires more than just funds, scientists say
HK$45 billion funding praised as ‘good start’ but call goes out to nurture talent and offer better career opportunities for young researchers
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Hong Kong scientists have cast doubt on the government’s vision for the city as an“international hub for scientific research” but claim its pledge to double spending on research and development is a step in the right direction.
They were responding to Chief Executive Carrie Lam Cheng Yuet-ngor’s maiden policy address earlier this month, when she announced a plan to double R&D spending to 1.5 per cent of GDP and encourage more local postgraduate and postdoctoral research.
This would contribute to the city’s efforts to boost innovation and entrepreneurship, she added.
Lam said the bigger budget for R&D would include at least HK$10 billion to fund university research, while HK$3 billion would go towards paying for more local students to participate in government- funded postgraduate research programmes in Hong Kong’s tertiary institutions.
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