Tony Fu-Lai Yu Libri

Focusing on the role of entrepreneurship in Hong Kong's economic growth, this study highlights adaptive entrepreneurship as a key factor in the region's success. The author examines practices such as product imitation, small-scale enterprises, subcontracting, and spatial arbitrage, illustrating how these strategies have shaped Hong Kong's unique economic landscape. This systematic analysis offers fresh insights into the dynamics of entrepreneurship and its contributions to development.

Taiwan’s economic success is well known and considered to be one of the “East Asian Miracles” by the World Bank. This book examines the contributions of dynamic entrepreneurs to the economic development of Taiwan. It adopts Austrian theories of entrepreneurship and market process as a major analytical framework. Specifically, it focuses on knowledge and coordination problems. It examines how entrepreneurs identify and pursue profit opportunities, and how their efforts have enhanced Taiwan’s economic dynamics. This book sheds new light on the economic development of Taiwan.