The study on implications of integration of Hong Kong, Macau and southern China on entrepreneurship development in Hong Kong

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The study on implications of integration of Hong Kong, Macau and southern China on entrepreneurship development in Hong Kong

 

Author: Law, Wai-fai
Title: The study on implications of integration of Hong Kong, Macau and southern China on entrepreneurship development in Hong Kong
Year: 2004
Subject: Hong Kong Polytechnic University -- Dissertations
China -- Economic integration
Entrepreneurship -- China -- Hong Kong
Regional economics
Department: Graduate School of Business
Pages: iv, 43 leaves ; 30 cm
Language: English
InnoPac Record: http://library.polyu.edu.hk/record=b1781584
URI: http://theses.lib.polyu.edu.hk/handle/200/4499
Abstract: The Hong Kong's economic success is largely attributable to the contribution of entrepreneurship. Many studies argue that the majority of Hong Kong entrepreneurs is Austrian entrepreneurship, with features like adopting guerrilla and imitation strategy and arbitrageurship. However, following the economic reform and openness of China, Hong Kong faces direct competition from China, in addition to taking advantage of low cost workforce by relocation of the manufacturing base to China. On the other hand, Asian financial crises and SARS outbreak had hurt the economy of Hong Kong badly that unemployment and deflation cause economic recession. As from many studies and past experience of Hong Kong, entrepreneurship is a crucial factor in stimulating economic growth. Therefore, this paper study the impact of integration in the Pearl River Delta region, including the transportation, mobility of the people and talent and "Closer Economic Partnership Arrangement" on entrepreneurship development, on Hong Kong entrepreneurship which is crucial to resilience of weakened economy.

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