Innovation Policy and the Limits of Laissez-faire
Hong Kong's Policy in Comparative Perspective| By: | D. Fuller |
| Publisher: | Springer Nature |
| Print ISBN: | 9780230273368 |
| eText ISBN: | 9780230304116 |
| Edition: | 0 |
| Copyright: | 2010 |
| Format: | Page Fidelity |
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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.