Points:
Hong Kong's transition to a knowledge-based economy is necessary but not enough to compete with other Asian nations. - but: compared with other knowledge-based economies in Asia, Hong Kong has its unique advantage in connecting with the Chinese market (www.tdctrade.com)
 - because: with the growth of the Mainland economy, Hong Kong stands good chance to develop offshore wealth management, private banking business with Mainland's clients (Dunning (2002) )
- because: the Mainland offers vast opportunities for Hong Kong's knowledge-based services, which means an exponential growth of the sector in the future (Dunning (2002) )
- because: Hong Kong is uniquely placed to help China in intellectual property rights management and to make its transition into knowledge-based economy. (www.ikmagazine.com)
 - because: Hong Kong has abundant international networking experience, proven ability in modern management and in a legal system trusted by the international community (www.ikmagazine.com)
- but: Hong Kong's transition to a knowledge-based economy further extends its advantages over other Asian cities
- because: Hong Kong has unique location, well established networks well-developed infrastructures. making it a merchandising centre in Asia (www.tdctrade.com)
- because: Hong Kong's already-possessed advantage in productive services, with northward relocation of manufacturing activities, is expanded with the transition (www.tdctrade.com)
- because: compared to other Asian nations, Hong Kong's corporations are more conservative in their attitudes and reluctant to adopt knowledge management practices
 - because: for example, in contrast to Hong Kong, the Singaporean business community has been more whole-hearted in supporting knowledge management (Leung (2004) )
 - because: the Singaporean government has invested a lot of time and money in promoting the concept (www.tcf.or.jp)
- because: the Singaporean government heavily backs knowledge management initiatives, encouraging companies to adopt a more knowledge-based strategy (Toh (2002) )
- but: a knowledge-based economy does not require knowledge management, it only requres knowledge transfer (Wikipedia (2019))
- because: Hong Kong has limited attractions to high tech investments (e.g. electronics) comparing to other Asian cities, e.g. Shenzhen (Leung (2004) )
- but: Hong Kong's market can co-operate with its neighboring cities thus strengthens its own knowledge-based economy (www.tdctrade.com)
 - but: administrative restrictions have prevented more effective integration between Hong Kong and its neighboring Mainland cities (www.tdctrade.com)
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