HK startups need a more coherent, radical subsidies policy
A few days ago, Science Park declared the foundation of the HKSTP Startups Alumni Association (SAA), which would kick off with 235 members. Yet these "business associations", as with much of their contemporary counterparts, are not in short supply today. To what extent can the insights and wisdom of the 'senior management' of HKSTP be replicated by their younger successors, remains a largely unknown delta. Unlike the public-private partnerships (albeit public-led at their core) – unique to the UK – that promulgated Oxford's new COVID-19 Vaccine (with a 70% efficacy), Hong Kong remains largely an underdeveloped backwater when it comes to nascent bio-technology. ...