Australia has been known as the 'lucky country'. But capturing a slice of local markets also requires the attribute of a 'clever country' and the Business Innovation Award is in recognition for those who have made a 'significant business breakthrough' over the past year.
As such, the judges will face a conundrum selecting the winner from this year's finalists, who have all made special headway in their sectors.
Roofing specialists Chadwick Technology have only been in Hong Kong for five years - and on the mainland since last year - but have chalked up some prestigious projects, ranging from new airport terminals in the SAR and Kuala Lumpur to the Jin Mao building in Shanghai and Singapore's Expo railway station.
In its export effort, the company has also helped other Australian manufacturers find new markets, most notably The Townsend Group, Teasco and Simplex Ceilings.
CSI Pacific is another company exporting hi-tech solutions by creating 'intelligent buildings'.
Biggest recent successes in Hong Kong include a $50 million contract to upgrade security and access at the Mass Transit Railway Corporation's maintenance facilities.
The company is also designing and implementing part of the MTR's new smart-card system, while extending its reach through the region with similar state-of-the-art projects on the Guangzhou Metro as well as Beijing, Shenzhen, Shanghai, Tianjin, Nanjing and Xian.