On Reform of Hong Kong’s Public Research Funding System

Chintay Shih and Shin-Horng Chen
Additional contact information
Chintay Shih: Tsinghua University
Shin-Horng Chen: Chung-Hua Institution for Economic Research

Chapter 5 in Innovation Policy and the Limits of Laissez-faire, 2010, pp 114-144 from Palgrave Macmillan

Abstract: Abstract The Hong Kong government used to adopt a laissez-faire policy to promote economic development in Hong Kong, but since 1997 promotion of R&D and innovation has been given high priority on the policy agenda (ITC, 2004; Liu, 2008). In order to come to terms with the rising economic strength of Mainland China, some in Hong Kong, from both the private and public sectors, feel that Hong Kong needs to develop its own innovation and technology capabilities in a few fields in order to become an “innovation hub” in the region (Baark and Sharif, 2006; Hills et al., 2004; Sharif and Baark, 2008). In so doing, Hong Kong may be able to capitalise on the manufacturing muscle in the Mainland, the Pearl River Delta (PRD) in particular.

Keywords: Open Innovation; Pearl River Delta; Business Sector; Service Innovation; Funding Scheme (search for similar items in EconPapers)
Date: 2010
References: Add references at CitEc
Citations: View citations in EconPapers (1)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-30411-6_6

Ordering information: This item can be ordered from
http://www.palgrave.com/9780230304116

DOI: 10.1057/9780230304116_6

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().