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The Choice of Technology and Employment

In: Multinational Corporations, Technology and Employment

Author

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  • Edward K. Y. Chen

    (University of Hong Kong)

Abstract

In the last two chapters, we have observed that the major manufacturing industries in Hong Kong have enjoyed relatively high rates of technical progress. To a large extent, the rate of technical progress is related to the extent of foreign investment. Foreign firms in general act as important agents of technology transfer and their presence has facilitated the rate of diffusion among firms as well. However, in the last two chapters, we have not touched upon the question of technology appropriateness. In terms of output objectives, the presence of foreign firms has undoubtedly contributed to the promotion of productivity growth and thus output growth. But there are evidently other important objectives of technology choice. In a labour-abundant economy, employment generation is definitely an equally, if not more, important objective of technology choice.1 It is the purpose of this chapter to examine the employment implications of the choice of technology in the presence of foreign firms in the Hong Kong manufacturing sector.

Suggested Citation

  • Edward K. Y. Chen, 1983. "The Choice of Technology and Employment," Palgrave Macmillan Books, in: Multinational Corporations, Technology and Employment, chapter 5, pages 94-120, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-06106-8_5
    DOI: 10.1007/978-1-349-06106-8_5
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    Cited by:

    1. Ugur, Mehmet & Mitra, Arup, 2017. "Technology Adoption and Employment in Less Developed Countries: A Mixed-Method Systematic Review," World Development, Elsevier, vol. 96(C), pages 1-18.
    2. Wright DL., 1990. "A study of the employment effects and other benefits of collaboration between multinational enterprises and small-scale enterprises," ILO Working Papers 992765473402676, International Labour Organization.
    3. repec:ilo:ilowps:276547 is not listed on IDEAS

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