In view of China’s recent development strategy of the Belt and Road Initiative, the China Investment Forum was held in the Czech Republic in November to promote the economic development of the two places. My younger brother was fortunate to be invited to attend the “China Investment Forum” on behalf of Hong Kong’s IT sector, and he also saw some similarities between Czech IT development and Hong Kong, which I would like to share with you.
When it comes to the Czech IT industry, everyone may not be too familiar with it, but in fact, there are some well-known IT companies in the Czech Republic, such as Socialbakers, which makes Social Media Analytic, and AVG, which shows that the Czech Republic also has certain IT talents. But why don’t they have a place in the international IT community? This is due to the fact that they do not have a mature platform for talent exchange like Silicon Valley in the United States, and government agencies are not actively supporting IT development, so that the IT industry does not have sufficient support for development. In fact, Hong Kong also has a similar dilemma, with talent either outflow or working behind closed doors, not having many opportunities to communicate with other professionals, and insufficient resource cooperation. If you want to develop information technology, Israel is definitely a country worth emulating.
Israel, which spends the highest percentage of GDP on national R&D as a percentage of GDP, is actively developing technology exchange across industries, which is one of the most important elements of their success. They will freely transfer technology between the military, defense, medicine, and industrial fields, and apply what they have learned from professionals in different industries, and then invest them in their own industries. In addition, they are planned to be applied in cooperation with different enterprises at the stage of university research, and seek areas for improvement in commercial applications. Such multi-faceted exchanges and pre-generation trials of products have created many successful examples, such as “pill photography”, which allows patients to swallow small tablets with miniature cameras to help doctors obtain the whole situation in the body, replacing the trauma caused by traditional gastroscopy, which is an example of integrating military and defense rocket technology into medical technology. If Hong Kong wants to develop science and technology, it is necessary to strengthen the exchange of talents from all walks of life, so as to achieve an ideal development environment for talent exchange.