Sunday, May 16, 2010

Tiger Becoming Scientist

Providing an unprecedented conditions for attracting capital, China is making the next step - the export of technology. This takes industrial parks, which are developed in two forms: in Hong Kong, where the work can be any, including foreign companies and Zhong-Huan-Chun, created by the Academy of Sciences. The project cost is $ 1.5 billion. The aim is to create a platform for the development of innovative products targeting huge production and consumption potential in China. The main challenge is to make a technology park as attractive to the leaders of high-tech industries as to young developers of future technologies.

“Every, even a foreign company, can come here” - said Joseph Liu, marketing manager at Hong Kong Science & Technology Parks Corporation . “We have already half of our workforce come abroad. The main condition - the company must have an interesting research project. We accept those who have not less than 60% of the budget for research”.

Although the park is already populated, construction will be completed in 2011. By this time here to build research centers for the four main areas: electronics, biotech, precision mechanics, IT and telecommunications.

The body of scientific research park is built equipment, worth hundreds of millions of dollars. The unique complex offers residents of the Science park based on the hourly rental fees. Therefore, the smallest company, just a group of enthusiasts can take advantage of them.

The scheme is as follows: an initiative group with the idea, records in Hong Kong, creates venture, finds an “angel”, who provides funding for initial development. Then the project is accepted in the “family” and gets access to all amenities.

“Engineers are working very hard”, - said the marketing manager of the park, Joseph Liu. Apparently, the “angels” as always have not enough money, and need to achieve results as soon as possible.

To such enthusiasts the technopark provides everything from rest rooms to dorms and hostel, a room in which stands a third of the rental cost of a city apartment. Private apartment in the park will cost already $2 thousand per month. “Soon we will build another 330 thousand square meters, meters of housing, which is planning to take on $10 per square meter” - commented Liu .- “When the construction is completed, the Science Park will run 23 thousand people”.

To support companies in the Technology Park, it offers several types of financial aid: government grants, business incubator program and funded technology parks.

Incubation Program is designed to help technology startups in the beginning. In addition to funding, and participants receive scientific expertise (universities), training and education (forums and seminars), as well as marketing support (product launches, exhibitions, etc.).

The typical recipient of an incubator - a team of three or four engineers with an ingenious idea. If their technology is really promising, in the first year they will be exempt from rent, and for the second year it will be 50%.

In addition, from $150 million industrial park that annually allocates the purchase of new equipment and the costs associated with research they can count on a certain budget to be offset bills for rent and research equipment.

“Since we produce most talented company to the point where it can be shown venture investor” - said Joseph Liu . “In this note, we are not asking for a share in its capital”.

The second contender for the title of Silicon Valley - Zhong-Huan-Chun Street in Beijing. Here are the Chinese Academy of Sciences, Pekin University, Polytechnic Institute of Zhong-Huan University and other famous universities. Here is the most vibrant economy in China. Several new concepts - the economy of knowledge, the Internet economy authoritatively explained there. The average age is younger than 30 years!

Over the years of reforms and openness in the economic development in China were different hot spots: in the 80 years ahead was Shenzhen. In the 21 century, Zhong-Huan-Chun, as the representative of the new businesses and high technology, is becoming the leading force in the development of Chinese economy.

As an American "Silicone Valley of Zhong-Huan-Chun passed his way. Initial development and increase capacity is dependent on the market economy. More than 20 years ago, China decided to deploy the wheel of economic development, since the country began the current reform.

October 23, 1980 Researcher of the Academy of Sciences of China Chen Chunsyan first opened on the street Zhong-Huan-Chun private item of equipment at the Beijing Society of plasma.By the end of 1986 in the Zhong-Huan-Chun were discovered about 100 companies develop, gradually formed “electronic street”, where the private company is developing electronic equipment and markets.

Based on 20 years of development with the popularization of computer and Internet technology Zhong-Huan-Chunbegan to take a new technical effect. In June 1999, under the slogan “to develop science and technology in nation-building” was officially opened by district development of science and technology, Zhong-Huan-Chun, China's first area of development of science and technology of national importance.

Currently, the “Silicon Valley of China” is attracting more and more young professionals who have received higher education abroad. Each working day they are creating an average of 1-2 companies.

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