What is the impact of human resources in the success of the Taiwanese high-tech industry?

Résumé du document

The Taiwanese economy has always remained strong in the Asia Pacific region, despite the Asian Financial Crisis in 1997. The high-tech industry in particular has not only survived, but also prospered during the Asian crisis. The economy has also to face a lot of constraints like the shortage of natural resources, the shortage of skilled workers in many industries, a small domestic market… This is why we can ask: How is Taiwan doing to remain such a strong economy able to face all these constraints? We can especially focus on the high-tech industry study: this industry is a pillar of the Taiwanese economy and is very successful.

One of the many reasons why the high-tech industry is so successful in Taiwan is because for the quality of its workforce. It could be first explained because of the good level of education in the country and the major role of the government in this sector.

We can define the human resources development as what the employers provide to their employees as well as organizational development for corporate.

Firstly, government can provide education, and companies can maintain human resources managements. Finally, the government plays an important role because it helps companies to acquire the skills they require.

Extraits

[...] The government plays also a major role in the human resources development in Taiwan thanks to the Industrial park it creates. The first industrial park was the Hsinchu Science based industrial park. The government realized that the major factors for developing high-tech industries were workers highly trained in science and advanced technology, and the swift acquisition and absorption of information. This is the reason why Hsinchu was chosen as a site for its science-based park: academic and research organizations, such as National Chiao Tung University, National Tsing Hua University, and the Industrial Technology Research Institute (ITRI) that are close from the park were supposed to provide the required human resources for high-tech companies. [...]

[...] Currently skilled workers are missing to face the need of the companies of the high-tech industry. This is why Taiwan is promoting the employment of foreign workers in the high-tech field to face this shortage. The ministry of economic affaires that is in charge of the opening to foreign talents revises the current legal and policy framework. The goal is to attract international talents and make it easier for them to come to work in Taiwan. This is why the government wants to improve free mobility of advanced talents. [...]

[...] What is the impact of Human Resources in the success of the Taiwanese High- Tech Industry? Introduction The Taiwanese economy has remained one of the strongest in the Asia Pacific region, despite the Asian Financial Crisis in 1997. The high-tech industry in particular has not only survived, but also prospered during the Asian crisis. The economy has also to face a lot of constraints like the shortage of natural resources, the shortage of skilled workers in many industries, a small domestic market This is why we can ask: How is Taiwan doing to remain such a strong economy able to face all these constraints? [...]

[...] Now more than 60% of them have a junior degree or above and more and more have a master degree, while at the opening only half of the employees had a high-school education. This rise in education can explain the higher productivity of the park over the years. The productivity grew from NT$ 2.06 Million to NT$ 7.86 Million in 1999. This represents an average annual growth rate of from 1981 to 1999. Taiwanese government encourages foreign talented workers to settle in Taiwan to compensate the domestic shortage of qualified workers. [...]

[...] As a conclusion we can say that the combined efforts of the government and companies have played a major role in the rapid expansion of the High-tech industry. Sources - Enhancing the role of universities in Building National Innovative Capacity in Asia: The case of Taiwan. John A. Mathews and Mei-Chih Hu - Asian Survey April/march 2002, Tsang Ke. Economic globalization and IT talents flows across the Taiwan strait - Business and Investment environment in Taiwan and Mainland China: a focus on the IT and High-tech Electronics Industry by Chen-Min Hsu Wei Guo Zhang and Leslie Lok Published by World Scientific ISBN - HR and Recruiting Trends in Taiwan by Ames Gross August 2007 Published in SHRM Global Forum. [...]