FAST FACTS (2021-22)

DEFINITIONS

Invention Disclosures

This refers to the number of invention disclosures and patents filed, granted, and used by the CWB campus and Mainland platforms.   

New Patent Applications Filed & Granted 

The numbers are counted based on the definition laid down by the University Grants Committee (UGC) under the Common Data Collection Format (CDCF) according to (1) the number of countries where patents are filed and (2) the number of patent types, defined in accordance with the international patent classification (i.e., technology area) of the patents. The numbers contributed by Mainland Platforms are also included. 

Cumulative Active Pending Patent 

This refers to the cumulative number of active patent applications and patents granted contributed by the CWB campus and Mainland platforms.   

Active IP / License Agreement 

This refers to the number of new IP/license agreements signed, total active IP/license agreements signed, and income thereby generated by the CWB campus and Mainland platforms. 

IP Income Generated 

This includes licensing income from patents via RDC and Mainland platforms as well as copyright of courseware via the University. The reporting period for the copyright of courseware via the University is 1 April to 31 March of the respective financial year. 

Active Start-up Companies Incubated 

This refers to the economically active start-up and spin-off companies being funded or incubated by HKUST entrepreneurship programs at the Clear Water Bay campus and via Mainland platforms. Programs include: the HKUST Entrepreneurship Program (EP), Technology Start-up Support Scheme for University (TSSSU) Program, U*STAR Award, Yeung Wing Yee Entrepreneurs Fund (YWYEF), HKUST Entrepreneurship Acceleration Fund (EAF), Alumni Endowment Fund (AEF) Student Start-up Grants, HKUST-SINO One-Million-Dollar Entrepreneurship Competition (regional competitions inclusive), MentorHUB, HKUST Dream Builder Incubation Program, Entrepreneurship Development Fund, HKUST Greater Bay Area Youth Entrepreneurship Fund, other entrepreneurship programs such as HackUST, Tech-Ship Program, The BASE facility user, HKUST Entrepreneurship Fund (E-Fund), companies under InnoHK; programs under the Blue Bay Incubator, Blue Bay X of HKUST R and D Corporation (Shenzhen) Limited (RDCSZ) and HKUST Shenzhen – Hong Kong Collaborative Innovation Research Institute (SHCIRI) in Shenzhen; programs under Guangzhou HKUST Fok Ying Tung Research Institute (FYTRI) in Nansha; and programs under HKUST LED-FPD Technology R&D Center at Foshan (FSC) in Foshan. Companies funded or incubated by more than one program or with offices in more than one location are only counted once. The reporting period for this figure is 1 January to 31 December of the calendar year, as per UGC under the CDCF requirement. 

Contract Research & Income Generated 

This refers to the number of contract researches (other than those included in “collaborative researches”) and income thereby generated by the CWB campus and Mainland platforms. 

Consultancy Projects & Income Generated 

This refers to the number of consultancies, equipment, and facilities service agreements and income thereby generated by the CWB campus and Mainland platforms.