ABSTRACT
Hong Kong, as one of the largest international finance centres and trading entities in the world, provides a natural platform for the blend of Chinese and Western cultures. Research and development (R&D) investments, in creating an education hub and providing a bond between institutional collaborations and economic development, play an important role in the growth of Hong Kong as an international metropolis. The Research Grants Council (RGC), established by the Government of Hong Kong in 1991 as a subsidiary under the University Grants Committee (UGC), focused on meeting the academic research needs of the tertiary institutions. The Innovation and Technology Fund (ITF), which is managed by the Innovation and Technology Commission, aims to increase the added value, efficiency and competitiveness of national economic activities in Hong Kong. In Hong Kong, there is a subject discipline named civil engineering surveying, building and construction (CESBC) subsidised by RGC under the Panel of Engineering.
