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Others: The Effect of Qianhai Cooperation on Innovation-Led Profits in the Hong Kong-Shenzhen Region
Title | The Effect of Qianhai Cooperation on Innovation-Led Profits in the Hong Kong-Shenzhen Region |
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Authors | |
Keywords | Qianhai Cross-border economic zones Innovation Special economic zones |
Issue Date | 2020 |
Citation | Michael, Bryane, The Effect of Qianhai Cooperation on Innovation-Led Profits in the Hong Kong-Shenzhen Region (November 4, 2020). Available at SSRN: https://ssrn.com/abstract=3724913 How to Cite? |
Abstract | How many innovation-led profits could Qianhai – an innovation park in Shenzhen – generate for Hong Kong, Shenzhen and in the ‘Qianhai region’? In this paper, we develop a model of profit-led innovation, and use it to deduce how many profits Qianhai could help foster. We find that such a zone would increase innovation-led profits in the logistics, IT, and other Qianhai-targeted sectors by a factor of four (4) in the short-run and a factor of ten (10) in the longer run. However, such profits depend on deep, fundamental changes in the regulations governing Qianhai - and by implication, Hong Kong and Shenzhen. The current design seems unlikely to produce any benefits. |
Description | Working Paper |
Persistent Identifier | http://hdl.handle.net/10722/295208 |
SSRN |
DC Field | Value | Language |
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dc.contributor.author | Michael, B | - |
dc.date.accessioned | 2021-01-07T03:15:48Z | - |
dc.date.available | 2021-01-07T03:15:48Z | - |
dc.date.issued | 2020 | - |
dc.identifier.citation | Michael, Bryane, The Effect of Qianhai Cooperation on Innovation-Led Profits in the Hong Kong-Shenzhen Region (November 4, 2020). Available at SSRN: https://ssrn.com/abstract=3724913 | - |
dc.identifier.uri | http://hdl.handle.net/10722/295208 | - |
dc.description | Working Paper | - |
dc.description.abstract | How many innovation-led profits could Qianhai – an innovation park in Shenzhen – generate for Hong Kong, Shenzhen and in the ‘Qianhai region’? In this paper, we develop a model of profit-led innovation, and use it to deduce how many profits Qianhai could help foster. We find that such a zone would increase innovation-led profits in the logistics, IT, and other Qianhai-targeted sectors by a factor of four (4) in the short-run and a factor of ten (10) in the longer run. However, such profits depend on deep, fundamental changes in the regulations governing Qianhai - and by implication, Hong Kong and Shenzhen. The current design seems unlikely to produce any benefits. | - |
dc.language | eng | - |
dc.subject | Qianhai | - |
dc.subject | Cross-border economic zones | - |
dc.subject | Innovation | - |
dc.subject | Special economic zones | - |
dc.title | The Effect of Qianhai Cooperation on Innovation-Led Profits in the Hong Kong-Shenzhen Region | - |
dc.type | Others | - |
dc.description.nature | published_or_final_version | - |
dc.identifier.doi | 10.2139/ssrn.3724913 | - |
dc.identifier.hkuros | 700003919 | - |
dc.identifier.ssrn | 3724913 | - |
dc.identifier.hkulrp | 2020/070 | - |