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Journal Article

Missing Transformational Place Leadership — Why High-Tech Industries Are Not Developed in Hong Kong

MPS-Authors
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Baark,  Erik       
Lise Meitner Research Group China in the Global System of Science, Max Planck Institute for the History of Science, Max Planck Society;

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https://ojs.wiserpub.com/index.php/REDR/article/view/4215/2091
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document.pdf
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Citation

Sun, Y., & Baark, E. (2024). Missing Transformational Place Leadership — Why High-Tech Industries Are Not Developed in Hong Kong. Regional Economic Development Research, 5(1), 17-31. doi:10.37256/redr.5120244215.


Cite as: https://hdl.handle.net/21.11116/0000-000F-36ED-A
Abstract
This paper adopts a place leadership perspective to examine the failed efforts of developing high-tech industries in Hong Kong. It demonstrates that it is challenging to change from transactional to transformational leadership and argues that the failure of developing high-tech industries in Hong Kong is partially attributable to the lack of transformational political and business leaderships. The political leaders' ineffectiveness in developing hightech industries in Hong Kong is also attributable to the regional/national/international institutional structural forces that have created both opportunities and challenges. This study contributes to the discussion on the critical value of transformational place leadership for creating new local/regional economic growth path and the embeddedness of place leadership in local/regional/national political and economic institutions.