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Environmental Technology: Hong Kong’s Innovation System

In: Innovation Policy and the Limits of Laissez-faire

Author

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  • Atsushi Sunami

    (National Graduate Institute for Policy Studies)

Abstract

Hong Kong is going through an era of rapid transformation as it tries to remain as one of the leading metropolitan centers of Asia at least for the next several decades. While China’s economy is expanding rapidly, Hong Kong has served the role of the gateway for channeling foreign investment to Mainland China. As Hong Kong competes with the major cities in the coastal area of the Mainland, it needs to transform itself from a global financial service center as well as a trade support center for Asia, to an important access point in the global innovation network. In today’s global network for knowledge creation, Hong Kong can play an important role in trading and importing technology and jointly developing technology for the local Chinese market. Especially, the collaboration with Guangzhou and Shenzhen will be the essential aspect of Hong Kong’s future economic development.

Suggested Citation

  • Atsushi Sunami, 2010. "Environmental Technology: Hong Kong’s Innovation System," Palgrave Macmillan Books, in: Douglas B. Fuller (ed.), Innovation Policy and the Limits of Laissez-faire, chapter 12, pages 301-323, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-30411-6_13
    DOI: 10.1057/9780230304116_13
    as

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