I have an ACER Aspire 5742G so almost the same as you have. IEEE is a standardisation institute. HDMI is... don't you know what a hdmi cable is?
HDMI is mainly used to send video and sound to another device. For example a blue ray player can send video and sound to television using a HDMI cable. It transfers digital (not analog). HDMI 1.4 has more capabilities such as send a signal back. For example you switch the television to a new normal channel... blue ray switches off automatically. Buy the cheapest for about 4 dollar! There's no such thing a high quality cable! This is because it's all digital information with error checking. Only if cable is longer as 3 meters it can give to much errors and fails. Or if you bend it to much it can break. Otherwise...... buy a cheap one.
But as far as I know you want to send video to laptop and save it on harddisk(?)
So you want to input to laptop using HDMI. What graphics card is in machine (radeon HD 5400)? On that card specifications: Integrated HDMI 1.3 output with Deep Color, xvYCC wide gamut support, and high bit-rate audio Integrated HD audio controller
- Output protected high bit rate 7.1 channel surround sound over HDMI with no additional cables required
- Supports AC-3, AAC, Dolby TrueHD and DTS Master Audio formats
For example you can connect your laptop to television or audio amplifier using HDMI cable. It sends sound and video from laptop to device.
But that's not what you want(?)