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Article
Publication date: 12 October 2012

Alan Lung Ka‐Lun

The purpose of this paper is to examine Hong Kong's future economic diversification prospects to become a high value‐added knowledge‐based economy.

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Abstract

Purpose

The purpose of this paper is to examine Hong Kong's future economic diversification prospects to become a high value‐added knowledge‐based economy.

Design/methodology/approach

This paper is a view of the knowledge‐based economic development of Hong Kong and its potential future prospects since its re‐unification with China. It is important to have a good understanding of the past before trying to predict the future.

Findings

The key message is that Hong Kong now needs a “horizontal” support structure, a good understanding of how things work in a globalized knowledge economy, continuation of the “free market” structure and a lightweight facilitation system that supports all high‐value added economic activities in Hong Kong.

Originality/value

The papers provides an original viewpoint on the potential for Hong Kong's knowledge‐based economic development, in line with the rise of China as a global economic power.

Details

Asian Education and Development Studies, vol. 1 no. 3
Type: Research Article
ISSN: 2046-3162

Keywords

Article
Publication date: 1 June 1998

David Floyd

The recent handing over of Hong Kong to China was an important landmark in British history. One might question, however, whether Hong Kong is still going to be of great…

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Abstract

The recent handing over of Hong Kong to China was an important landmark in British history. One might question, however, whether Hong Kong is still going to be of great significance to Britain and Europe in future years and whether future business and trade will remain important. The key to the question is very much now linked to Europe. Britain’s foreign and even domestic policies are increasingly linked to our continental European partners; at the same time Europe is beginning to see Hong Kong as one of the increasingly important East Asian economies, and European businesses are starting to pay more attention to focusing on new opportunities in rapidly expanding South‐East Asian markets and indeed China. Hong Kong now with its attachments to China will be focusing more on Europe as a whole and trying to gain access to the single European market for enhanced prosperity. The recent inclusion of China in the GATT talks and the collapse of communism have made way for increased opportunity for business in the global economy. This article questions the future importance of Hong Kong for Britain and Europe and assesses whether trade links and business opportunities are likely to be greater in the future for Hong Kong and Europe. It puts specific emphasis on the more recent change in role for Hong Kong and Europe.

Details

European Business Review, vol. 98 no. 3
Type: Research Article
ISSN: 0955-534X

Keywords

Article
Publication date: 1 June 1984

Suk‐ching Ho

Introduction Hong Kong has reached a turning point in its history during the past two years. The issue which dominated the city and caught the limelight of the world was Hong Kong

Abstract

Introduction Hong Kong has reached a turning point in its history during the past two years. The issue which dominated the city and caught the limelight of the world was Hong Kong's political future after 1997. The question of what will happen in less than 15 years is now the subject of the Sino‐British negotiations in Beijing.

Details

Management Decision, vol. 22 no. 6
Type: Research Article
ISSN: 0025-1747

Article
Publication date: 1 June 2001

Catherine Cheung and Rob Law

This paper reports on a study about applying regression techniques to identify the determinants and functional forms of tourism hotel expenditure in Hong Kong. Annual time series…

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Abstract

This paper reports on a study about applying regression techniques to identify the determinants and functional forms of tourism hotel expenditure in Hong Kong. Annual time series data from 1983 to 1997 of average room rate, the number of visitor arrivals, the service price index, and hotel accommodation rates were hypothesised to affect tourism hotel expenditure. Seven exogenous variables were selected for regression model development in both linear and log‐linear forms. In view of the potential problems of multicollinearity between the independent variables, and therefore the associated instability of the regression coefficients, stepwise regression analyses were employed to improve the initial model. Final empirical results showed that the hotel expenditure in Hong Kong could be explained by four of the seven exogenous variables. A log‐linear form of the regression model appeared to slightly outperform the linear form.

Details

International Journal of Contemporary Hospitality Management, vol. 13 no. 3
Type: Research Article
ISSN: 0959-6119

Keywords

Article
Publication date: 1 December 1996

Graeme Newell and Kwong Wing Chau

Assesses the relationship between Hong Kong property company and commercial property market performance over 1984‐94. Finds that property companies provide a useful source of…

14189

Abstract

Assesses the relationship between Hong Kong property company and commercial property market performance over 1984‐94. Finds that property companies provide a useful source of transaction‐based information about changing property market fundamentals. The unique property market characteristics in Hong Kong mean that information is impounded into direct property series quickly, within one quarter of being impounded into indirect property company stock prices. Finds a common “pure” property element that influences both property company and property market returns. This results in investors capturing some portion of Hong Kong property market returns by investing in property companies, as well as achieving liquidity and portfolio diversification.

Details

Journal of Property Finance, vol. 7 no. 4
Type: Research Article
ISSN: 0958-868X

Keywords

Article
Publication date: 1 March 1993

Jan Selmer and Corinna T. de Leon

To make comparisons between ethnic Chinese in different countries, the work‐related values of middle managers from Hong Kong, Singapore, and Thailand were compared. Hong Kong and…

Abstract

To make comparisons between ethnic Chinese in different countries, the work‐related values of middle managers from Hong Kong, Singapore, and Thailand were compared. Hong Kong and Singapore are characterized by a large Chinese majority and a dominant Chinese culture; whereas, in Thailand, the Chinese comprise a small minority, well integrated into Thai society. Therefore, the study hypothesized that similarities between the work values in Hong Kong and Singapore would be greater than between Hong Kong and Thailand or Singapore and Thailand. The findings, however, showed that there were twice as many significant differences in work values between Hong Kong and Singapore. Generally, however, Chinese work values were found to be quite consistent across the three societies.

Details

International Journal of Commerce and Management, vol. 3 no. 3/4
Type: Research Article
ISSN: 1056-9219

Open Access
Article
Publication date: 15 October 2021

Siu-kai Lau

The purpose of this paper is to identify the major political and social effects of the Hong Kong National Security Law on Hong Kong. It is argued that the enactment of this Law…

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Abstract

Purpose

The purpose of this paper is to identify the major political and social effects of the Hong Kong National Security Law on Hong Kong. It is argued that the enactment of this Law allows Hong Kong not only to end its protracted political turmoil since its return to China in 1997, but also will generate the favorable conditions for long-term stability and effective governance in the territory.

Design/methodology/approach

This paper is based on the author’s close observation of what had happened in Hong Kong in the year since the Hong Kong National Security Law came into effect on 1 July 2020.

Findings

The Hong Kong National Security Law has brought about significant changes in the political psychology of Hongkongers, the balance of power among different political forces, the ability of external forces to interfere in Hong Kong politics, the way Hong Kong is governed, the relationship between the government and the legislature, the activities in the educational and cultural sectors, and the behavior of the judiciary.

Originality/value

This paper would be of interest to scholars and people who are interested in the implementation of “One Country, Two Systems” in the Hong Kong Special Administrative Region (SAR) as well as Beijing’s new policy towards Hong Kong in the aftermath of Hong Kong’s unprecedented riots and violence.

Details

Public Administration and Policy, vol. 24 no. 3
Type: Research Article
ISSN: 1727-2645

Keywords

Article
Publication date: 17 July 2009

Tawit Sudsakorn and Fredric William Swierczek

The purpose of this paper is to investigate the management competencies required by a Master of Business Administration (MBA) graduate to succeed as a global business manager in…

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Abstract

Purpose

The purpose of this paper is to investigate the management competencies required by a Master of Business Administration (MBA) graduate to succeed as a global business manager in an increasingly competitive business environment in Asia.

Design/methodology/approach

This paper analyzes the differences in management competencies of nearly 600 MBA students from 13 universities in Thailand and Hong Kong. In the questionnaire, the MBA students are asked to indicate the levels of the management competencies which they have gained from studying the MBA program.

Findings

The findings indicate that the work competency of the Hong Kong MBA students is significantly higher than the Thai MBA students. The levels of interpersonal competency do not, however, differ significantly between the Thai and Hong Kong students. The findings also show that there are significant relationships between the background variables, e.g. job title and cultural values – namely individual success and social power – and work and interpersonal competencies.

Practical implications

To improve the value of the MBA programs in Thailand, business schools will need to put more emphasis on the work competencies in their curricula. More workshops that actively stimulate work competencies must be emphasized in the Thai MBA programs.

Originality/value

The study of management competencies in Asia representing Thailand and Hong Kong is rare. New management development approaches are proposed for business schools to train their business students to become world‐class global managers.

Details

Journal of Management Development, vol. 28 no. 7
Type: Research Article
ISSN: 0262-1711

Keywords

Article
Publication date: 1 August 1993

John K.S. Chong, Marcia Wright Kassner and Ta‐Lang Shih

Makes recommendations, based on a 1991 study of Hong Kong ExecutiveMBA students, for management education and development programmes forthe development of Hong Kong managers, in…

Abstract

Makes recommendations, based on a 1991 study of Hong Kong Executive MBA students, for management education and development programmes for the development of Hong Kong managers, in anticipation of the changes that will occur when control of Hong Kong is transferred from Britain to mainland China in 1997. Finds that Hong Kong managers expect changes in many parts of their lives – political, social, personal property rights and moral beliefs. Therefore, recommends that management development prepare Hong Kong managers to meet this multitude of changes.

Details

Journal of Management Development, vol. 12 no. 8
Type: Research Article
ISSN: 0262-1711

Keywords

Article
Publication date: 1 October 1994

Irene Chow and Lane Kelley

While many of the major economies of the world such as Japan, the United States, England, and Germany are caught in the jaws of a major recession and large international…

Abstract

While many of the major economies of the world such as Japan, the United States, England, and Germany are caught in the jaws of a major recession and large international corporations from industry after industry are going through a period of not just low profits but operating at significant losses, the Hong Kong economy is on a roll. It is being driven by its important symbiotic relationship to the 1990's economic miracle, the People's Republic of China which has experienced a GDP increase of 12.8% last year and 14.1% in the first quarter this year, 1993; which has grown rapidly to be the largest exporter to the US market for twelve different products and is now the US's number two deficit in imports versus exports. Hong Kong is playing a major role in that growth; Hong Kong employers now employ more than 3,000,000 employees in the PRC which interestingly, is more than they employ in Hong Kong. Little Hong Kong, with a population of just over 5.5 million, is the biggest player of the foreign direct investors in China today, larger than even Japan or the US. Hong Kong's GDP/Capita surpassed that of Great Britain this year and its government just announced as this is being written salary increases for the next fiscal year of 10.66% surely one of the highest in the world in this time of economic recession throughout most of the developed economies; the index of its stock market, the Hang Sang Index, has increased in value in the first half of this year nearly 40%. Hong Kong is definitely on a roll but it also has serious problems especially in terms of the topic of this article, Management Development. Week after week, there are over 100 pages of employment ads in its major newspaper, The South China Morning Post. The purpose of this article is to describe the unique features and problems in Hong Kong's development of its executive pool.

Details

Management Research News, vol. 17 no. 10/11
Type: Research Article
ISSN: 0140-9174

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