A joint study done by Google and CUHK’s Center for Entrepreneurship shows that Hong Kong’s startup scene has grown almost 300% since 2009.
The study surveyed over 600 young entrepreneurs, interviewed a panel of 12 local experts (whose names were not revealed) and took into account analysis from international databases and reports.
Appearing to be a more local vs. expat focused report, the snapshot of the ‘typical Hong Kong entrepreneur’ is male (72%), between ages 21 – 25 years old (38%), holds a B.A (58%) and has graduated from a local university (83%).
The study indicates that these Hong Kong entrepreneurs were more ‘ideas people’ or ‘biz dev’ types, citing major strengths in business management in presentation skills. Fundraising, coding and actual experience in doing a startup were some of their weak points.