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ChinaÕs Human Resources Development: Recent Evolution and Implications for the Global Market

Listed author(s):
  • Andrea Pontiggia

    ()

    (Dept. of Management, Università Ca' Foscari Venice)

  • Lala Hu

    ()

    (Dept. of Management, Università Ca' Foscari Venice)

  • Marco Savorgnan

    ()

    (Polins Center for Innovation Studies)

Our purpose in this article is to develop a framework for studying organizational arrangements used by Chinese Global firms in allocating work and managing human resources in the international context. Our framework based on human capital theory, transaction cost economics, and resource-based view of the firm investigate four factors: institutional, demographic, legislative, and educational changes in China, drawing some of the main challenges in Human Resources Management (HRM) for both Chinese and foreign firms. The paper contains a brief review of literature concerning the role of human capital in economic growth, then it focuses on the recent evolution of the Chinese labor market, and finally, it draws some implications for human capital management in China from global point of view. Our general framework contribute: first, to the formulation of research hypothesis of convergence (or divergence) of HRM practices in global markets, second, it emphasizes the relationship between the institutional and country's specificities of labor market and the HRM, and last it shows some effects of institutional policies and reforms on the quality and the availability of human capital China. These three points seem to support a broad idea of competitiveness based on labor market efficiency and how the internationalization strategies depend on the sources of human capital.

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File URL: http://virgo.unive.it/wpideas/storage/2013wp29.pdf
File Function: First version, 2013
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Paper provided by Department of Management, Università Ca' Foscari Venezia in its series Working Papers with number 29.

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Length: 13 pages
Date of creation: Dec 2013
Handle: RePEc:vnm:wpdman:65
Contact details of provider: Postal:
San Giobbe, Cannaregio 873, 30121 Venezia

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Web page: http://www.unive.it/dip.management
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  1. Fleisher, Belton & Li, Haizheng & Zhao, Min Qiang, 2010. "Human capital, economic growth, and regional inequality in China," Journal of Development Economics, Elsevier, vol. 92(2), pages 215-231, July.
  2. Heckman, James J., 2005. "China's human capital investment," China Economic Review, Elsevier, vol. 16(1), pages 50-70.
  3. N. Gregory Mankiw & David Romer & David N. Weil, 1992. "A Contribution to the Empirics of Economic Growth," The Quarterly Journal of Economics, Oxford University Press, vol. 107(2), pages 407-437.
  4. K S Law & D K Tse & N Zhou, 2003. "Does human resource management matter in a transitional economy? China as an example," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 34(3), pages 255-265, May.
  5. Wang, Yan & Yao, Yudong, 2003. "Sources of China's economic growth 1952-1999: incorporating human capital accumulation," China Economic Review, Elsevier, vol. 14(1), pages 32-52.
  6. Lucas, Robert Jr., 1988. "On the mechanics of economic development," Journal of Monetary Economics, Elsevier, vol. 22(1), pages 3-42, July.
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