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Do active innovation policies matter? Findings from a survey on the Hong Kong electronics SMEs

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  • Liu, Wan-Hsin

Abstract

Since 1997 the Hong Kong (HK) government has markedly changed its role from being a mere institution provider to being an active innovation promoter. As such, it has actively implemented innovation policies that focus especially on creating new funding opportunities and establishing several R&D centres to facilitate information flow and innovation cooperation between universities and industries. One of the industries in which it has been especially active is the electronics industry. Thus this study looks at the electronics industry to examine, using data collected from a questionnaire survey on the HK electronics SMEs, whether these policies have positively affected innovation intensity in HK. The survey findings indicate that there has been an increase in innovation activities in HK, but also that neither the R&D centres nor the universities have played important roles as innovation sources or innovation partners for the HK electronics SMEs. Rather, the main way through which universities and R&D centres support the HK electronics SMEs' innovation activities seems to be the provision of a highly-qualified labour-force transmitting academic knowledge to companies.

Suggested Citation

  • Liu, Wan-Hsin, 2008. "Do active innovation policies matter? Findings from a survey on the Hong Kong electronics SMEs," Kiel Working Papers 1445, Kiel Institute for the World Economy (IfW Kiel).
  • Handle: RePEc:zbw:ifwkwp:1445
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    References listed on IDEAS

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    1. Michael Fritsch & Viktor Slavtchev, 2005. "The Role of Regional Knowledge for Innovation," ERSA conference papers ersa05p623, European Regional Science Association.
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    3. Luc Anselin & Attila Varga & Zoltan Acs, 2008. "Local Geographic Spillovers Between University Research and High Technology Innovations," Chapters, in: Entrepreneurship, Growth and Public Policy, chapter 9, pages 95-121, Edward Elgar Publishing.
    4. Jaffe, Adam B, 1989. "Real Effects of Academic Research," American Economic Review, American Economic Association, vol. 79(5), pages 957-970, December.
    5. Enright, Michael J. & Scott, Edith E. & Dodwell, David, 1997. "The Hong Kong Advantage," OUP Catalogue, Oxford University Press, number 9780195903225.
    6. Dorfman, Nancy S., 1983. "Route 128: The development of a regional high technology economy," Research Policy, Elsevier, vol. 12(6), pages 299-316, December.
    7. Ho‐Fuk Lau & Sebastian Green, 2001. "The Electronics Industry: Can Manufacturing Continue in Hong Kong?," The World Economy, Wiley Blackwell, vol. 24(8), pages 1075-1090, September.
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    Cited by:

    1. Behncke, Nadine, 2015. "Networks and product innovation across European SMEs," University of Göttingen Working Papers in Economics 229, University of Goettingen, Department of Economics.

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    More about this item

    Keywords

    Electronics; innovation; innovation policy; regional survey; Hong Kong; China;
    All these keywords.

    JEL classification:

    • D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
    • L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy
    • R10 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General
    • R28 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Government Policy

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