Hong Kong and Singapore governments have taken some action to create high-tech start-up commons.
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TCHO, a small company based in a warehouse in San Francisco, sounds like a typical high-tech start-up.
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In fact, despite efforts, neither Singapore nor Hong Kong has much to show for their efforts to create high-tech start-up commons.
And in Hong Kong the view seems to be that buying stock in a high-tech start-up is akin to purchasing a lottery ticket.
U.S. unemployment remains stubbornly high and start-up costs are rising, while high-tech exports are in decline.
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High-tech workers in America, who forgo big salaries to work at a start-up, gain precious experience as well as options.
ECONOMIST: The tiger and the tech
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