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Written by: Chen Jiahui
2021-01-02 11:00
Last update date: 2021-01-02 11:00
"After reading management, do you manage a company?" said Li Zhiwei, the founder of the artificial intelligence technology company Apptech. Back then, when the university chose business management as a subject, it was opposed by his family.
This also reflects the general Hong Kong people’s impression of starting a business that they believe that starting a business is too risky and less secure than part-time work.
Li Zhiwei started his business in 2012. He is pleased to see that the local entrepreneurial atmosphere is becoming stronger today. The government has strongly supported the development of local innovation and technology in recent years. As a start-up company, it can still undertake projects from government departments and public institutions through the government innovation and technology platform, and through government innovation Branch promotes the venue to display products. He believes that the industry is currently at a "burst point," including funding and policies.
Regarding the local innovation and technology policy, Li Zhiwei, who is also the chairman of the "Technology Network", made suggestions to the government, including that the government and quasi-government organizations can increase or even preferentially adopt the products of local innovation and technology companies; update outdated laws to provide for the innovation and technology industry Space etc.
In recent years, the government has vigorously promoted the development of innovation and technology, including cultivating local technology companies through the Science Park and Cyberport.
Li Zhiwei, director and chief executive officer of Apptech, an artificial intelligence (AI) image analysis company, and chairman of Kepei Network, left the banking industry resolutely in 2012 to participate in the technology entrepreneurship cultivation program of the Hong Kong Science and Technology Park and start his own company.
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Li Zhiwei, the chairman of Kepei Network, participated in the Hong Kong Science and Technology Park's technology entrepreneurship cultivation program in 2012 and founded Apptech.
(Photo by Lu Yiming)
Yearning for American Business School with a strong entrepreneurial atmosphere, family members objected: "Do you manage this company?"
Li Zhiwei recalled that at that time, he had worked in many departments of the bank. He felt that high-level positions were limited and he had to wait for a long time if he wanted to be promoted. In comparison, he felt that starting a business was more challenging and he could achieve his career goals in a shorter time. , Suitable for their adventurous character.
While studying business administration at the University of Iowa in the United States, Li Zhiwei yearned for a strong entrepreneurial atmosphere on campus. Except for the college named after the graduate and entrepreneur Henry B. Tippie, each chair was written with a successful career. The school highly respects entrepreneurship.
He confessed that when he chose the subject, his family also opposed it and asked him "After studying management, do you manage a company?" Li Zhiwei believes that business management courses are rich in content, including law, information technology, and finance in addition to operations management. , Accounting, etc., to help him understand the operation of a company in many aspects.
There are many opportunities for improving laws and regulations in Hong Kong, and now it is the "burst point" of the innovation and technology industry
The family's opposition back then also reflects the general Hong Kong people’s impression of starting a business that the risk of starting a business is too great to be safe and secure.
And since they are all involved in the United States, why didn't they choose to start a business there?
He thinks that Hong Kong is a natural choice because the economic environment in Hong Kong is very lively, there are many business opportunities, and laws and regulations are also perfect, and it is more secure. In terms of financing, although it is not as prosperous as Silicon Valley, as long as there are good ideas, it will be big. Opportunities to obtain financing, and most importantly, "Hong Kong has always been a housing company, and it must be built."
Apptech undertakes projects from government departments and public organizations through government open platforms such as the "E&M InnoPortal" of the Electrical and Mechanical Services Department, and also showcases products through government innovation and technology promotion venues.
Li Zhiwei believes that the government has been vigorously supporting the development of local innovation and technology in recent years, and the industry is now at a "burst point". Funds and policies are all very favorable. He said with a smile that "it is inferior to entrepreneurs". There are more local people who are willing to start a business. "Social mindset changes."
Hebei government preferentially adopts local innovation and technology company products
The new policy address was published in November last year. As a student of the Science Park Cultivation Program and the chairman of the graduate company group "Kepei Network", Li Zhiwei hopes to make three proposals to the government on innovation and technology policy, including hope that the government and quasi-government organizations can Increase or even give priority to the use of products from local innovation and technology companies; and since the innovation and technology industry has always been relatively advanced, it is hoped that the government can embrace new things and update the law if feasible. For example, the government has relaxed the regulations earlier to allow electric scooters and electric scooters. Bicycles are used on cycle tracks; in addition, the government can communicate more closely than the industry, and at the same time communicate more with emerging industry groups.
Chief Executive Carrie Lam Cheng Yuet-ngor has repeatedly stated that one of the key points of this policy address will fall on the development of innovation and technology, and has repeatedly emphasized the need to seize opportunities in the Greater Bay Area.
Li Zhiwei also believes that Hong Kong and other cities in the Greater Bay Area can form a cooperative relationship of "shops in the front and living in the back". Hong Kong companies are familiar with foreign markets and can focus on the market, especially the fast-growing ASEAN countries, while other cities in the Greater Bay Area can provide Manufacturing site.
Don't worry about the importance of Hong Kong being diminished. The key market is Hong Kong
Regarding external concerns that the importance of Hong Kong will be diminished due to further integration, Li is not worried. He believes that the role will always be different. He also pointed out that the company does shopping mall traffic detection, and the key market is Hong Kong and other big cities.
For other innovation and technology industries, such as robotic arm technology, having cities in the Greater Bay Area as mass production and production bases is also very favorable for development.
However, the current international situation is turbulent and Hong Kong is at the forefront of Sino-US conflicts. How will this affect the innovation and technology industry?
Li said that his company has not been affected, but the company has adopted US chips. If Sino-US relations continue to deteriorate, it may have an impact.
He also heard that some technology companies facing the EU market have also observed that their customers are more nervous than before. At the beginning of the negotiation, they will ask if the company has a Chinese-funded background and need to explain to the guests.
He believes that everything depends on the government's attitude and hopes that things will become clear.
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