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support universities to transfer their research outputs into
real socio-economic benefits for the industries/businesses and
the community?
How does the UGC support universities to transfer their research outputs into real socio-economic benefits for the industries/businesses and the community?
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The UGC recognises the importance of sharing knowledge with
society in bringing about socio-economic benefits and impact
to the community and businesses, as well as to cultivate
public appreciation for the valuable contributions of the
higher education sector to society as a whole. To promote
the sharing of knowledge between universities and society,
the UGC has been providing recurrent grants to
funded-universities to strengthen and expand related
initiatives starting from 2009/10. In general, universities
mainly utilise the additional funding to strengthen its
support for knowledge exchange, such as staff training,
internal promotion, organising public events like lectures
and exhibitions, covering operational expenses of dedicated
support units, and financing patent-related costs.
- Since the 2009/10 academic year, universities have been required to provide annual reports on the utilisation of recurrent funding related to knowledge transfer. These reports have been uploaded to the UGC website: http://www.ugc.edu.hk/eng/ugc/activity/knowledge.html. The UGC is satisfied with the development of universities in knowledge transfer and is pleased to see universities being recognised with numerous international awards for their knowledge transfer projects, showcasing their global excellence.