Guangdong-Hong Kong-Macao Greater Bay Area among world’s bay areas: How to build an international science and technology innovation center that leads country to overcome middle technology trap

Authors

Yongnian ZHENG, The Institute for International Affairs, Qianhai, the Chinese University of Hongkong, Shenzhen, Shenzhen 518172, ChinaFollow
Dongni HE, The Guangzhou Institute of the Greater Bay Area, Guangzhou 510700, China

Keywords

world-class bay area; Guangdong-Hong Kong-Macao Greater Bay Area; middle technology trap; international science and technology innovation center

Document Type

General Theory

Abstract

From the perspective of the global economic and technological landscape, the bay area is not just a concept of geographical space, some world-class bay areas have become or are becoming scientific and technological innovation hubs and economic hubs with global influence, leading the country as a whole in the direction and process of overcoming the middle technological trap. If a region wants to build an international science and technology innovation center that can lead the country to overcome the middle technology trap, it needs three basic elements of basic research, application transformation, and financial support. The Guangdong-Hong Kong-Macao Greater Bay Area has a sound foundation and advantageous conditions to build such an international science and technology innovation center. In particular, with the Pearl River Delta’s basic R&D and manufacturing capabilities and Hong Kong’s status as an international financial center, it has certain advantages in the technology application transformation and financial support. However, if it wants to lead the country crosses the middle technology trap successfully, the Greater Bay Area still needs to complete the major tasks of effectively improving its original innovation capabilities, accumulating world-class enterprises with strong R&D and application transformation capabilities, forming a reasonable division of labor among cities, promoting the coordinative effect between scientific and technological innovation and industrial innovation, enhancing financial support for scientific and technological innovation, as well as promoting the docking of science and technology innovation rules and standards.

First page

1508

Last Page

1523

Language

Chinese

Publisher

Bulletin of Chinese Academy of Sciences

References

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Recommended Citation

ZHENG, Yongnian and HE, Dongni (2024) "Guangdong-Hong Kong-Macao Greater Bay Area among world’s bay areas: How to build an international science and technology innovation center that leads country to overcome middle technology trap," Bulletin of Chinese Academy of Sciences (Chinese Version): Vol. 39 : Iss. 9 , Article 3.
DOI: https://doi.org/10.16418/j.issn.1000-3045.20240813004
Available at: https://bulletinofcas.researchcommons.org/journal/vol39/iss9/3