From trade hub to innovation hub: the role of Hong Kong's innovation system in linking China to global markets.(economic development)

From: Innovation: Management, Policy, & Practice | Date: July 1, 2006| Author: | Copyright information

SUMMARY

Hong Kong has achieved a remarkable rate of economic growth in the last half of the twentieth century, and is widely acknowledged as an important driver of development in South China. The territory occupies a unique position as an international trade and financial hub on the Chinese border, in which capacity it has been well served by the entrepreneurial drive and resilience of its population. Extensive exploitation of technology and innovation in the organization of international production networks have fueled Hong Kong's economic success--but the risks associated ...

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