Use the principle of relatedness (shared capabilities) to consider opportunities for Hawaii to diversify its economy. You should present a brief case for each new or growth opportunity that answers the following questions.
1.How are these opportunities related to Hawaii’s existing strengths? 2.Why do you think these industries are currently too small or non-existent in Hawaii?
3.What capabilities could be missing? What specific market or government failures might be affecting these industries?
4.How could a county or state government address missing capabilities and failures, to get it started or growing?
5.Include graphs or charts to support your writing.