HKU Annual Report 2023

35 34 HKU ANNUAL REPORT 2023 ACHIEVING IMPACT The invention developed by Dr Wilton Fok’s team won two special grand prizes – the Invention & Innovation CAI Award (China Delegation) and the Prize of the Delegation of Malaysia – and a gold medal at the 48th Geneva International Exhibition of Inventions (see page 37). HKU research has brought substantial benefits to people’s lives – our world-leading contributions during the COVID-19 pandemic are but one example – and we are continuing to ramp up the translation of our research. In 2022–23, 90 new patents were granted and an income of HK$27.78 million was generated through commercialisation of existing IP rights. Recent years have also seen more than 280 HKU-affiliated start-ups launched, including two unicorns (Ecoflow and Aftership, both founded by HKU graduates and now valued at over US$1 billion each). Through the Techno-Entrepreneurship Core, HKU is also seeking to reconnect with all start-ups that were initially seeded at the University. The InnoValley: 2023 TRANSLATING HKU KNOW-HOW 19 AWARDS AT THE 48TH GENEVA INTERNATIONAL EXHIBITION OF INVENTIONS HKU Innovation and Entrepreneurship Challenge, launched nationwide in April, invites entries from all HKU-affiliated innovators and innovations across Mainland China. More than 200 applications have been received from six cities and they are being showcased around the country, building up to a grand finale at HKU in December 2023. HKU inventions also performed strongly at the 48th Geneva International Exhibition of Inventions held in April 2023. 19 awards were received for 17 inventions, including two special grand prizes, one gold medal with the Congratulations of the Jury, six gold medals, six silver medals and four bronze medals. 280+ START-UPS AFFILIATED WITH HKU 90 NEW PATENTS GRANTED IN 2022–23 2SPECIAL GRAND PRIZES 1GOLD MEDAL WITH THE CONGRATULATIONS OF THE JURY 6GOLD MEDALS 6 SILVER MEDALS 4 BRONZE MEDALS