Manufacturing for a Post-Manufacturing City
Eric Thun
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Eric Thun: Oxford University
Chapter 8 in Innovation Policy and the Limits of Laissez-faire, 2010, pp 198-220 from Palgrave Macmillan
Abstract:
Abstract There was a time when Hong Kong was associated with cheap manufactured goods such as toys, low-end electronics, and garments, but this was well over two decades ago. In the last two decades, Hong Kong has undergone a remarkable transformation. The factories moved north when rising costs in Hong Kong made manufacturing uncompetitive, and the territory became a high-end service center dominated by gleaming office towers and shopping malls. Although the transformation of Hong Kong has been remarkably successful, the ever increasing capabilities within Mainland China create the potential that the competitive advantage of Hong Kong will decline over time.
Keywords: Pearl River Delta; Corporate Social Responsibility Activity; Producer Service; United Nations Industrial Development Organization; Foreign Customer (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-30411-6_9
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DOI: 10.1057/9780230304116_9
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