Coefficient and the proportion of scientific research investment are no different from Africa. . Hong Kong society has gradually realized that the breakthrough lies in technological innovation. Wang Lingyi, a researcher at the Shanghai Center for phone database International Economic Exchanges, said in an article that after communicating with researchers from many international think tanks, they reached a consensus that in the future of Hong Kong, in addition to the two wheels of an international financial center and an international shipping center, the northern metropolis should also be used as a strategic economic hinterland. , and the establishment of an international innovation and technology center as a strategic breakthrough, "
like the close cooperation between the four wheels of a car". Hong Kong's resource curse In 1999, Hong Kong established a HK$5 billion "Innovation and Technology Fund". However, the pace was not big. It was not until 2015 that the Innovation and Technology Bureau was established to be responsible for formulating comprehensive science and technology policies. However, the annual investment of the above-mentioned funds has been sluggish for a long time, at around 700 million yuan. 4.8 billion Hong Kong dollars. In contrast, “Shenzhen Venture Capital” (Shenzhen Innovation Investment Group),
which was also established in 1999, has developed rapidly. In the first half of this year alone, it has invested in 1,463 projects with a cumulative investment of about 85.9 billion yuan. speaks at the 2022 Incubation Graduation Ceremony at Hong Kong Science Park One reason for Hong Kong's early start and small pace may be observed by applying the theory of "resource curse" - this concept was proposed by British economist Richard Auty to describe a certain country or region Possessing a large amount of certain non-renewable natural resources will instead lead to a long-term low level of industrialization, difficult transformation and upgrading of the industrial