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“Don’t know”
                                   Gaps                    Significantly   Slightly   No change  Slightly   Significantly   or   Final score
                                                           worsened   worsened            improved   improved   “no opinion”
                                                                 (2) Applied research stage

                 6   The Hong Kong society lacks the R&D
                     personnel in gerontech. STEM programmes
                                                               1          9        14        1          0           7
                     failed to attract the highest caliber of students.                                                        0.09
                                                             (2.5%)    (22.5%)    (35%)     (2.5%)     (0%)       (17.5%)
                     Furthermore, STEM programme graduates rarely
                     opt for a career in innovation and technology.

                 7   The University Grant Committee assessment
                     criteria neglects the impact of knowledge
                                                               3          6        6         3          2           9
                     transfer, causing academics to focus on                                                                   -0.06
                                                             (7.5%)     (15%)     (15%)     (7.5%)     (5%)       (22.5%)
                     academic publications. This negatively impacts
                     the commercialisation of gerontech.
                                                                   (3) Prototype stage


                 8   The time required for universities to license
                                                               0          4        15        7          2           12
                     intellectual property for spin-offs is too long,                                                          0.25
                                                              (0%)      (10%)    (37.5%)   (17.5%)     (5%)        (30%)
                     hindering the technology transfer of gerontech.


                 9   Gerontech start-ups encounter funding gaps
                     throughout the latter stages of prototyping
                     and product enhancement. They also lack   0          6        11        15         1           7          0.33
                     government support, channels to obtain   (0%)      (15%)    (27.5%)   (37.5%)    (2.5%)      (17.5%)
                     guidance, and opportunities to network with
                     other firms.

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