Letters to the Editor, September 1, 2013
I refer to the editorial ("Hong Kong must develop partnership between business and universities", August 27) regarding the positive impacts that would be brought by this.

Undoubtedly, putting more effort into developing new technology benefits society. From an economic perspective, as information technology has become a part of our lives and people have become more receptive to breakthroughs, developing innovative products can create trends and generate significant revenue.
These hi-tech products can bring convenience to the general public and further improve their living standards. However, when the universities invest their scope of knowledge for purely commercial purposes, it can backfire.
These days, especially after the release of Hong Kong Diploma of Secondary Education results, increasing numbers of citizens have expressed concerns that the universities have been commercialised.
Amid all these apprehensions, one of the most controversial topics is whether the research done by the universities should be market-oriented.
For instance, some universities will tend to satisfy market demand and investigate more on the financial front, undermining the importance of other subjects.