Description
This book uses new institutional and Austrian theories advanced in recent decades to analyze Hong Kongs 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. So far, no similar work has been published. Part I is the theoretical framework which explores the role of entrepreneurship, small business and government in the economic development of a small open economy. Part II and III explain how entrepreneurship and Chinese family businesses transform the economy of Hong Kong. Part IV focuses on the coordinating function of the Hong Kong government. This book will be of special interest to scholars of entrepreneurship, Asian business systems and economic development. It will also be of use to policy makers in latecomer economies.
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