Analyses | Innovation and technology development | 2018-02-21 | HKET

Know thyself: Promoting innovation and technology in the right direction



The development of innovation and technology in Hong Kong has been criticised for lagging behind its neighbouring regions. The Government is determined to double the R&D expenditure as a percentage of the GDP from 0.73% to 1.5% by the end of the current term. While the achievements of the city in innovation and technology may have been underestimated, the key to success lies in the alignment between strategic positioning and execution of R&D.

The full version of the commentary is in Chinese only.