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CityU has recorded its highest ever income from licensing, making some HK$19m for the academic year 2011–12, a threefold increase on 2010–11.
On 5 February, the University announced the winners of the Fourth Applied Research Excellence Awards Competition, organized every two years by the Technology Transfer Office, to foster applied research and to recognize staff that excel in this area. Four awards were granted to six CityU researchers in recognition of their significant contributions to the social, industrial, and economic development of Hong Kong.