MAINLAND PLATFORMS AND STRATEGIC
          
        
        
          
            ALLIANCES
          
        
        
          The Un i ve r s i t y ha s s eve ra l r e s ea rch ba s e s i n
        
        
          Guangdong, namely the Fok Ying Tung Research
        
        
          Institute (FYTRI) in Nansha, the Shenzhen Research
        
        
          Institute and the Peking University-HKUST-Shenzhen
        
        
          Medical Center, and the HKUST LED-FPD Technology
        
        
          R&D Center at Foshan. In 2013-14, RMB44 million of
        
        
          grants was secured through these platforms.
        
        
          In strategic moves to increase impact, FYTRI was
        
        
          repositioned to lead HKUST technology transfer
        
        
          activities in Mainland China. The Shenzhen Research
        
        
          Institute launched an Innovation and Entrepreneurship
        
        
          Center to better support technology transfer and
        
        
          entrepreneurship activities while the Biopharmaceutical
        
        
          Research Center and RFID Center began operations.
        
        
          The HKUST LED-FPD Technology R&D Center at Foshan
        
        
          obtained certification from China National Accreditation
        
        
          Service to provide national-level third-party testing
        
        
          services. The Center will further develop its high value-
        
        
          added LED products and technical consultancy services
        
        
          to assist local and regional industry. In June 2014, the
        
        
          Center received funding of RMB3 million from the
        
        
          Nanhai Government in continued support for its work.
        
        
          On the international front, the University launched
        
        
          a seed-funding Sponsorship Scheme for Targeted
        
        
          Strategic Partnerships to build collaborative research
        
        
          initiatives with overseas strategic partners. Nineteen
        
        
          awards were made for partnerships, which involved
        
        
          École Normale Supérieure, the California Institute of
        
        
          Technology, the University of Southern California, École
        
        
          Polytechnique Fédérale de Lausanne, and Technische
        
        
          Uni ve r si t ät München, encompas sing s ci ence,
        
        
          engineering, business, humanities and social science,
        
        
          and interdisciplinary studies.
        
        
          HKUST is also participating in the €1.5 million Erasmus
        
        
          Mundi EURASICAT project on material science and
        
        
          catalysis, involving 11 universities and institutions in
        
        
          nine countries in Europe and Asia. Prof King Lun Yeung,
        
        
          Chemical and Biomolecular Engineering, is serving as
        
        
          the Asia coordinator.
        
        
          
            KNOWLEDGE GENERATION AND
          
        
        
          
            TRANSFER
          
        
        
          With the University’s rich research culture, 101
        
        
          inventions were recorded and 166 new patent
        
        
          applications filed. Three major technology patent
        
        
          portfolios were established, covering novel acoustic
        
        
          materials, aggregation-induced emission materials and
        
        
          their applications, and novel medical devices. With 68
        
        
          newly granted patents, the University’s total current IP
        
        
          portfolio, including satellite campuses, comprises 831
        
        
          active patents and patent applications. The Proof-of-
        
        
          Concept Fund continued to provide important gap-
        
        
          funding support for faculty members working toward
        
        
          technology commercialization with 9 new projects
        
        
          receiving the Fund during 2013-14.
        
        
          During 2013-14, the HKUST R and D Corporation
        
        
          (RDC), a separate not-for-profit legal vehicle wholly
        
        
          owned by the University, was engaged in 207 contract
        
        
          research and consultancy projects (154 contract
        
        
          research projects and 53 consultancies), amounting to
        
        
          $64.8 million received in total. RDC signed 134 new
        
        
          contract research and consultancy agreements, with a
        
        
          total value of $62.8 million. University research centers
        
        
          performed 524 analytical and testing jobs, generating a
        
        
          total of $2.6 million. RDC managed 41 active licensing
        
        
          agreements, with such commercialization generating
        
        
          $4.3 million in total.
        
        
          
            18
          
        
        
          RESEARCH DEVELOPMENT