What I have attempted with my research into our startup ecosystem can be thus summarized:
“In Singapore, when the plan is a circle and you want to implement a square, it is less work simply to turn down the proposal rather than think of how to make it work, figuratively to ‘square a circle’. Yet in Hong Kong, if you seek to square this circle, the regulator will sit down with you and seek to make it possible. We should learn from these positive examples.”
http://ink.library.smu.edu.sg/cgi/viewcontent.cgi...
Change is needed simply because the 21st century is just too different but “The most difficult subjects can be explained to the most slow-witted man if he has not formed any idea of them already; but the simplest thing cannot be made clear to the most intelligent man if he is firmly persuaded that he knows already, without a shadow of doubt, what is laid before him.” Leo Tolstoy