Human capital development in Shanghai: lessons and prospects
International Journal of Educational Development Volume 23, Number 4 ISSN 0738-0593 Publisher: Elsevier Ltd
This article reviews key findings of five sets of analyses, produced from a recent study of human capital development in Shanghai, China by the two authors. We were interested in the human capital development strategies that are utilized to cope with change. We analyze if such social infrastructure as government educational policies, provision of training and education, management in firms, promote and/or hinder human capital development in transition. In this study, economic development is viewed as a change process. We identify a set of key factors that determine on the operation of other variables. We found that economic transition has had an impact on strategies that firms and employees have adopted for their own survival and human capital development. Firms and workers in Shanghai have used continuing education as a major vehicle for compensating for the limitations of formal education and for the improvement of the quality of the workforce. However, government policies, relevance of education, and quality of training and education programs, the management in the workplace, as not appropriate and lagged, may impede efficacy of educational innovations.
Xiao, J. & Lo, L.N.K. Human capital development in Shanghai: lessons and prospects. International Journal of Educational Development, 23(4), 411-427. Elsevier Ltd.