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9 Top Universities to Tap Technology Market in Ningbo

Recently, officials from 9 top universities--Harbin Institute of Technology (HIT), Northwestern Polytechnical University and Beijing Institute of Technology--gathered at HIT’s incubation base at Ningbo to exchange views on establishing a coordinated innovation platform. Experts discussed about how to develop a private technology market that radiates to the Yangtze River Delta in Ningbo, thereby achieving the commercialization of research outcomes.

The nine institutions of higher education are directly subordinate to Ministry of Industry and Information Technology of the PRC and Ministry of Education of the PRC, including other six members as Chongqing University, Dalian University of Technology, Southeast University, South China University of Technology, Tianjin University and Tongji University.

Ningbo currently is committed to building itself into a demonstration zone of “Made in China 2025” initiative. Many enterprises of the city are confronted with inadequate scientific and technological talents and weak capability of research and development when pursuing innovation-driven development and transformation and upgrading, which, as a result, triggered a strong demand for scientific and research resources. Meanwhile, a great number of research institutions, including the universities, are seeking to build synergy among businesses and markets when their research results are being put into practice.

It is reported that technologies and talents of the nine universities will play a big part in catering to the industrial transformation and upgrading of Ningbo after the establishment of the coordinated innovation platform. Moreover, a synergy of universities, companies and government will boost the cooperation between technology and angel invest, industry capital and science and technology finance, and help to establish a distinctive hi-tech industrialization park, promote the commercialization of research outcomes, and eventually, build an industrial highland. The platform plans to develop 30 to 50 industrialization projects in a year or two and foster more than 20 technology start-ups

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