How we work

How we work

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    • Our Vision

    To be a world-class technology developer and an enabler to enrich lives.

    Our Mission

    To enhance Hong Kong’s competitiveness through applied research.

    Our Goals

    • To perform innovative R&D for greater technological applications in industries
    • To nurture technology entrepreneurs and talents
    • To promote collaborations among universities, R&D institutions and industries to achieve win-win results.

    Our Values

    Innovation

    We innovate to achieve betterment for Hong Kong, the nation and the world.

    Accountablility

    We work in an ethical, honest, open and fair manner and are responsible for our actions.

    Service

    We deliver timely and world-class services to our stakeholders.

    Tenacity

    We strive to overcome all challenges.

    Respect

    We give due respect to self and others to establish and support an environment of teamwork and growth.

     

    What We Offer

    As a Hong Kong R&D centre, one of ASTRI’s important goals is to help customers harness business opportunities from the thriving technology market and increase their competitive strengths. Customers and partners can improve their efficacy by drawing on ASTRI’s expertise and research achievements.

    Technology Transfers

    ASTRI has a rich portfolio of commercially viable technologies readily available for market deployment. The number of technology transfers conducted through research contract, technology licensing and other forms of partnership has exceeded 700, generating a total of over HK$450 million income received from industry.

    R&D Professionals

    ASTRI has teams of brilliant researchers led by competent professionals, many of whom are prominent technologists in their respective fields. ASTRI has about 400 R&D personnel, with 27% holding PhD degrees and more than 50% holding Master’s degrees.

    Intellectual Properties

    ASTRI has produced a volume of home-grown and patent-protected technologies. Since its establishment, the institute has filed more than 970 patents 690 of which have already been granted.

     

    Ways of Collaboration

    ITF-fundeed Platform Project

    Projects that are mainly funded by ITC with indus-try contribution of at least 10% of the total project costs. ASTRI owns all IP rights but industry part-ners can license the IP non-exclusively.

    10%
    Industry contribution
    Industry Collaborative Project

    Both ASTRI and partners contribute fund and other resources

    For industry contribution:

    over 30%
    		 Industry partner can exclusively license the foreground IP for a period.
    over 50%
    		 Industry partner can own the foreground IP.
    Contract Research

    Industry is responsible for 100%of R&D project costs. The R&D projects are customized according to industry partners’ requests. Industry partner can own the foreground IP.

    100%
    from Industry
    ITF-funded Seed Projects

    Projects that are forward-looking or exploratory work, providing foundation work for future projects.
    Spin Off

    Industry partner / investor acquires the technology and related support with solid business initiatives for downstream commercialization.

     

    Please contact us at [email protected] if you are interested in our technologies and projects, or want to discuss potential business opportunities.