Objective and policies for the economy--potential growth and innovative activities
HRS §226-10
in effect226-10. Objective and policies for the economy--potential growth and innovative activities
(a) Planning for the State's economy with regard to potential growth and innovative activities shall be directed towards achievement of the objective of development and expansion of potential growth and innovative activities that serve to increase and diversify Hawaii's economic base.
(b) To achieve the potential growth and
innovative activity objective, it shall be the policy of this State to:
(1) Facilitate investment and employment growth in
economic activities that have the potential to expand and diversify Hawaii's
economy, including but not limited to diversified agriculture, aquaculture,
renewable energy development, creative media, health care, and science and
technology-based sectors;
(2) Facilitate investment in innovative activity that
may pose risks or be less labor-intensive than other traditional business
activity, but if successful, will generate revenue in Hawaii through the export
of services or products or substitution of imported services or products;
(3) Encourage entrepreneurship in innovative activity
by academic researchers and instructors who may not have the background, skill,
or initial inclination to commercially exploit their discoveries or
achievements;
(4) Recognize that innovative activity is not
exclusively dependent upon individuals with advanced formal education, but that
many self-taught, motivated individuals are able, willing, sufficiently
knowledgeable, and equipped with the attitude necessary to undertake innovative
activity;
(5) Increase the opportunities for investors in
innovative activity and talent engaged in innovative activity to personally
meet and interact at cultural, art, entertainment, culinary, athletic, or
visitor-oriented events without a business focus;
(6) Expand Hawaii's capacity to attract and service
international programs and activities that generate employment for Hawaii's
people;
(7) Enhance and promote Hawaii's role as a center for
international relations, trade, finance, services, technology, education,
culture, and the arts;
(8) Accelerate research and development of new
energy-related industries based on wind, solar, ocean, underground resources,
and solid waste;
(9) Promote Hawaii's geographic, environmental,
social, and technological advantages to attract new or innovative economic
activities into the State;
(10) Provide public incentives and encourage private
initiative to attract new or innovative industries that best support Hawaii's
social, economic, physical, and environmental objectives;
(11) Increase research and the development of
ocean-related economic activities such as mining, food production, and
scientific research;
(12) Develop, promote, and support research and
educational and training programs that will enhance Hawaii's ability to attract
and develop economic activities of benefit to Hawaii;
(13) Foster a broader public recognition and
understanding of the potential benefits of new or innovative growth-oriented
industry in Hawaii;
(14) Encourage the development and implementation of
joint federal and state initiatives to attract federal programs and projects
that will support Hawaii's social, economic, physical, and environmental
objectives;
(15) Increase research and development of businesses
and services in the telecommunications and information industries;
(16) Foster the research and development of nonfossil
fuel and energy efficient modes of transportation; and
(17) Recognize and promote health care and health care
information technology as growth industries.
[L 1978, c 100, pt of §2; am L
1986, c 276, §9; am L 1988, c 70, §6; am L Sp 1988, c 1, §5; am L 2009, c 156,
§2 and c 167, §6; am L 2014, c 133, §3]
Source: Hawaii State Legislature (capitol.hawaii.gov), via Internet Archive capturesURL: http://www.capitol.hawaii.gov/hrscurrent/Vol04_Ch0201-0257/HRS0226/HRS_0226-0010.htmFetched: 11/10/2026