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The emerging external labor market and the impact on enterprise's human resource development in China
Author(s) -
Benson John,
Zhu Ying
Publication year - 2002
Publication title -
human resource development quarterly
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.756
H-Index - 65
eISSN - 1532-1096
pISSN - 1044-8004
DOI - 10.1002/hrdq.1043
Subject(s) - restructuring , china , human resources , beijing , human resource policies , competition (biology) , resource (disambiguation) , business , human resource management , emerging markets , labor relations , economic growth , economics , market economy , political science , labour economics , management , finance , ecology , computer network , computer science , law , biology
China has undergone substantial restructuring at both the macroeconomic and the enterprise level, and itsadmission into the World Trade Organization in 2001 provided further impetus to the reform process. Globalcompetition and a reconsideration of national human resource policies have underpinned much of this reform andhave led to an emerging external labor market. Little research, however, has been undertaken on this labormarket and its impact on human resource development. This study examines human resource development choices torecruit externally or train internally. This “buy or make” decision is explored in businesses inBeijing and Shanghai, cities that represent the more developed regions of China and provide an indication offuture trends. The article concludes with a discussion of the policy implications of the research andsuggestions for future research.