Hong Kong to boost IP economy with new academy, patent evaluation support

Hong Kong’s finance chief will unveil new measures in his budget to strengthen the city’s growing intellectual property (IP) economy, focusing on nurturing top-tier talent and helping local tech firms evaluate their patents, the South China Morning Post has learned. The initiatives, expected to be announced on Wednesday, come as Financial Secretary Paul Chan Mo-po faces mounting expectations to make strategic use of the city’s earlier-than-expected operating surplus while investing in long-te...

By Olga Wong