20
HKUST 2014-2015
Annual Report
RESEARCH DEVELOPMENT
is our strict adherence to a code of professional conduct.
In 2014-15, the University developed a Policy on Research
Conduct and Integrity. Together with the Framework on
Academic Integrity, they underpin the institution’s ethos and
guide the faculty, students and researchers at all levels of our
research enterprise, recognizing that professional conduct
is fundamental to building trust between colleagues,
collaborators, sponsors and the society at large.
KNOWLEDGE TRANSFER
The University further enhanced related systems, policies,
and processes in 2014-15. The Knowledge Transfer and
Entrepreneurship Task Force, chaired by Professor Emeritus
Prof Ping Ko and comprising external members, was formed in
late 2014 to advise the University on advancing its knowledge
transfer and entrepreneurship capacities. A two-day task force
meeting took place in November 2014 with representatives of
each School and key members of relevant offices to discuss
long-term strategic planning and framework.
The University started a review of IP policies and technology
transfer practices, with the help of the professional IP
consultant, to fortify and enhance current procedures.
A concurrent effort to streamline invention disclosure and
review processes is also underway. Overall, in 2014-15,
139 inventions were disclosed and 199 new patent
applications filed. With 73 newly granted patents, the
University’s current IP portfolio contains 940 active patents
and patent applications.
In 2014-15, HKUST R and D Corporation Limited (RDC) signed
124 new contract research and consultancy agreements
worth a combined $83 million. In addition, 495 analytical
and testing jobs performed by University research centers
brought total cash receipts of $2.2 million. Total cash
receipts generated through intellectual property licensing
and assignment agreements signed or managed by RDC
was $3.3 million. Activities related to MOOC courseware
distribution gained momentum, with licensing revenue of
$2.2 million.
