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New Think Tank Launched to Address Talent Gap in Hong Kong Studies

2/16/2026, 4:30:00 AM

Core Initiative: Establishment of the Hong Kong Future Economy Institute

A new think tank, the Hong Kong Future Economy Institute, has been established by a coalition of scholars, professionals, and former government officials to address a perceived talent gap in the field of local studies in Hong Kong. The institute aims to conduct research on critical issues such as housing planning, population policy, and the impact of policymaking. Michael Bolin Wong, the founding director and an assistant professor at the University of Hong Kong’s business school, emphasized the need for this initiative due to a decline in local research interest among scholars at Hong Kong's universities.

Background: Declining Focus on Local Studies

Wong pointed out that as universities in Hong Kong increasingly prioritize international topics, there is a corresponding decrease in research focused on local issues. This shift has resulted in a shortage of talent in policy research relevant to Hong Kong, which he argues is essential for addressing the unique challenges faced by the city. He stated, “Hong Kong universities are continuing with internationalisation and so are their teachers. But when they increasingly focus on topics with more international attention, fewer people are researching Hong Kong.”

Key Objectives of the Institute

The Hong Kong Future Economy Institute plans to fill the research void by developing a new model for policy research tailored to the needs of Hong Kong. Wong highlighted the necessity for the government to create housing policies that are more supportive of young people, who he believes have received less assistance compared to previous generations. This focus on youth-friendly policies is part of the institute's broader agenda to enhance local studies and inform effective policymaking.

Criticism & Opposition: Concerns Over Research Priorities

While the establishment of the think tank has been met with support from some quarters, there are concerns regarding the prioritization of local studies over international research. Critics argue that a balanced approach is necessary, as global perspectives can also inform local policy decisions. The challenge remains to integrate local needs with broader international contexts in research agendas.

Official Statements & Responses

In a media briefing, Wong articulated the institute's mission, stating, “We need a new model to offer the policy research that Hong Kong requires.” This sentiment underscores the urgency felt by the institute's founders to address the gaps in local studies and policy research.

What's Next: Future Research Directions

The Hong Kong Future Economy Institute is expected to begin its research initiatives shortly, focusing on pressing issues such as housing and population policies. The outcomes of their studies may influence future government policies and contribute to a more informed public discourse on local challenges.

In summary, the establishment of the Hong Kong Future Economy Institute represents a strategic effort to revitalize local studies and address critical policy gaps in Hong Kong, particularly concerning the needs of its younger population.