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This is the first systematic economic study of the nature, operation and contribution of entrepreneurship to the growth of Hong Kong. The author argues that the success of Hong Kong is due to adaptive entrepreneurship.
Using institutional and Austrian theories, this book analyzes Hong Kong's economic transformation. It focuses on knowledge and coordination problems and examines the role of entrepreneurship, small Chinese family enterprises and government policies in the economic development of Hong Kong.
Hong Kong faces a new, or renewed, set of challenges linked to the up-grading of human resources, shifts in industrial structure, and emerging market demands. The contributors examine and analyse aspects of business and management in Hong Kong.
Serving up fresh insights on Hong Kong's economic growth, this book investigates issues such as housing, immigration, monetary and financial systems, the business environment, and international trade and finance to provide a coherent and comprehensive overview of Hong Kong’s position in the global economy.
A practical guide for executives and a comprehensive resource for management courses, based on hands-on, problem-solving experiences in successful Hong Kong companies. Small and medium companies are the prime engine for economic growth in Hong Kong and to a large extent, in southern China. So-called "SMEs" account for 95 percent of companies in Hong Kong and employ about two-thirds of the workforce. The managers and entrepreneurs behind these companies contribute to all aspects of Hong Kong's development. Yet it is interesting to note that the management of small businesses is significantly different from that of multinational companies. Management experiences vary widely on account of the different skills, resources and environmental pressures that SMEs face. There is no doubt that the various facets of SME management warrant deeper study. The University of Hong Kong's Asia Case Research Centre (ACRC) - with the backing of the Trade and Industry Department of the Hong Kong Government - has undertaken the development of a series of case studies to showcase the challenges facing small businesses and entrepreneurs in Hong Kong, and some innovative approaches they adopted. The case studies are topically diverse, and span a range of managerial functions and sectors. This casebook is an anthology of 28 cases from the series. The cases are written with a strong management perspective to offer a practical and interesting look at how successful entrepreneur-managers in Hong Kong systematically generate innovations in the shape of successful new products, services, processes and technologies when faced with various organizational and environmental challenges. They constitute a comprehensive self-contained course of study; each case can also be considered on its own.
This is the first systematic study of the nature, operation and contribution of entrepreneurship to the growth of Hong Kong. From a new entrepreneurial perspective of economic development, the author argues that the success of Hong Kong is attributable principally to adaptive entrepreneurship: product imitation; small scale enterprise; subcontracti
After more than 30 years of reformations in agriculture, manufacturing and trade and industry, China’s economy has grown to become the second largest in the world. This book examines the contributions of dynamic entrepreneurs to the economic development of mainland China and Hong Kong – an analysis that is largely lacking in existing studies China’s economic stronghold. This book adopts theories of entrepreneurship and market processes as major analytical frameworks to conclude that entrepreneurship is the true engine of growth in mainland China and Hong Kong. Chinese Entrepreneurship focuses on the knowledge drivers and systemic challenges of these businesses to examine how entrepreneurs under uncertainty identify and pursue profit opportunities, and how their efforts have enhanced China’s economic dynamics. This book offers vital insight to students, teachers and researchers of Chinese business and economics, along with Chinese culture and expanding economies.