South China Morning Post: To promote smart cities, governments should get out of the way: SCMP Game Changers Forum

by Media and Press |

By James Griffiths

Government can promote and foster innovation, but it must recognise that it can also be a major hurdle to advancement, attendees at the third South China Morning Post Game Changers Forum heard on Tuesday.



On another panel at the event, Douglas Young, the co-founder and chief executive of lifestyle brand Goods of Desire (GOD) said that Hong Kong can be a very good place to raise capital, but fails at nurturing creativity. 

"Hong Kong people generally want tried-and-tested things ... I think our leaders in government are so risk averse. That's why our society is stagnating," he said. 

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