Innovation Policy and the Limits of Laissez-faire: Hong Kong's Policy in Comparative Perspective PDF
341 Pages·2010·2.195 MB·English
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Preview Innovation Policy and the Limits of Laissez-faire: Hong Kong's Policy in Comparative Perspective
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Hong Kong’s laissez-faire tradition has crippled attempts to transform it into a more knowledge-intensive economy and this is a lesson with wide applicability. Many emerging economies face innovation bottlenecks, but even some more advanced economies face similar constraints and may benefit from the lessons of its negative example.
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