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A Systems View Across Time and Space

Fig. 2 | Journal of Innovation and Entrepreneurship

Fig. 2

From: The role of innovation-led profits in the development of an international financial centre

Fig. 2

Source: Escalona and Litner (2015)

Showing that Shenzhen provides the brains and Hong Kong the Financial Brawn. The figure shows the Global Innovation Index for Shenzhen and Hong Kong in 2015. We use China’s data as a base for calculating Shenzhen’s Innovation sub-indices. We adjust Mainland innovation scores, as the dependent variable, from a regression which regresses Shenzhen’s GDP per capita and its proportion of GDP in industry with the innovation scores held by other countries with similar levels of these GDP per capitals and industrialisation. In practice, we only needed to modify two variables (knowledge creation and know ledge impact)

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