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Public Policy Bulletin Series

HKUST Public Policy Bulletin Issue No.1

Innovation policy in the Greater Bay Area: Hong Kong and Shenzhen

Naubahar Sharif and Kevin Chandra

This study systematically compares the innovation policy frameworks in Hong Kong and Shenzhen. We find that innovation policies in Hong Kong are fragmented, overlapping, and lacking in coordination, while innovation policies in Shenzhen are driven by a focused top-down policy framework with a clear division of duties. In addition, there are considerable institutional and cultural gaps hindering the two cities from establishing an integrated regional innovation hub...... 

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