The introduction of entrepreneurship education to school leavers in a vocational institute

In this fast-changing society, the youth unemployment rate is high and the knowledge learnt in schools is inadequate to equip students to compete in the competitive marketplace. For many school leavers who do not have the marks to go to university, a vocational institute is an obvious choice for them to continue their studies. In this situation, would it be possible for the institutes to provide entrepreneurship training programs for this group of young people? Do these students have the right kind of education credentials to increase their employability or to start their own business? This study attempts to investigate whether Entrepreneurship Education should be provided to business students in a vocational institute as part of their study program. The results suggest that Entrepreneurship Education would have a positive impact on the strength of the students’ entrepreneurial spirit in terms of starting-up a new business, and a high percentage of students acknowledged that the entrepreneurial knowledge they had acquired would be useful to them.published_or_final_versio

G1 checkpoint establishment in vivo during embryonic liver development

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Smad inhibitor induces CSC differentiation for effective chemosensitization in cyclin D1- and TGF-β/Smad-regulated liver cancer stem cell-like cells

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Final report of the Construction Industry Institute, Hong Kong research project on reinventing the Hong Kong construction industry for its sustainable development

Author name used in this publication: Andrew N. BaldwinAuthor name used in this publication: Y. H. ChiangAuthor name used in this publication: Joyce W. S. CheungAuthor name used in this publication: Joanne W. S. NgConstruction Industry Institute-Hong Kong Report, no. 132008-2009 > Academic research: not refereed > Research book or monograph (author)Other Versio

The impact of housing status on labor market performance

In the past, urban planning has often favored strict zoning, segregating residential areas from commercial-industrial areas. One unanticipated negative consequence of this strategy is a possible link between unemployment and housing status, suggested by Oswald in an important and controversial 1997 paper. He believes that home ownership reduces labor mobility, thereby creating disequilibrium and unemployment in regional labor markets. Compared with European countries and the United States-- the focuses of most empirical studies on the topic-- Hong Kong is decidedly more compact. Much of the city is covered by a rather efficient transportation system, making it unlikely as a choice for testing the Oswald hypothesis. However, over the years, a combination of factors, including escalating property prices in the congested urban core and restrictive zoning, have led to the development of new satellite towns in outlying areas, with subsequent negative impacts on the mobility of workers. This is exacerbated by the structure of the public housing system that currently accommodates almost half of the population in Hong Kong. Program requirements effectively prohibit households from changing their assigned units so that residents in the public housing system face more severe limits on their access to economic and employment opportunities than those living in private housing. In this study, we use Hong Kong census data to analyze the impact of public housing tenancy on labor market outcomes. It is found that public renters indeed show higher unemployment and lower labor force participation than their counterparts in private households. These findings can have important implications for a coherent long-term development strategy on housing, transportation and labor resources in Hong Kong

Do public housing tenants fare worse in the Labor Market?

Session - Business & Economics (2): no. ICBASS-8063Urban housing development is one of the most important issues in economic development. The migration of population from rural areas to urban centers is an inevitable consequence of industrialization, putting pressure on housing. How society chooses to supply housing to meet the needs of urban dwellers (both existing residents and new migrants) has enormous long-term consequences that impact every facet of economic, social and political life. Hong Kong’s primary response has been the development of a public housing program over the past decades. Today, almost half of the population of Hong Kong live in publicly provided housing, making the program one of the largest in the world. However, because of rigidity in program requirements, Hong Kong public housing residents are likely to stay in the same unit permanently -- even when moving out at some point makes better sense, for example, to capture more favorable labour market opportunities in another district. Public housing residents are therefore far less mobile than private renters. This study tries to identify and quantify the impact of public housing tenancy on labor force participation and unemployment. Using long data series from both census and General Household Survey over the past decades, we found that male heads of households who are public renters indeed show higher unemployment and lower labor force participation than their counterparts in private households, even when the comparison is restricted to those for whom housing status is relatively exogenous. This shows that even in “the best city in the world for commuters,” geographic immobility can have significant negative impact on labor market performance

The Impact of Housing Status on Labour Market Performance

Conference Theme: Individual, Community & Society: Conflict, Resolution & SynergySession III: ECPEL – Economics: Interdisciplinary PerspectivesIn the past, urban planning has often favored strict zoning, segregating residential areas from commercial-industrial areas. One unanticipated negative consequence of this strategy is a possible link between unemployment and home ownership, suggested by Oswald in an important and controversial 1997 paper. He believes that home ownership reduces labor mobility, thereby creating disequilibrium and unemployment in regional labor markets. Compared with European countries and the United States-- the focuses of most empirical studies on the topic-- Hong Kong is decidedly more compact. Much of the city is covered by a rather efficient transportation system, making it unlikely as a choice for testing the Oswald hypothesis. However, over the years, a combination of factors, including escalating property prices in the congested urban core and restrictive zoning, have led to the development of new satellite towns in outlying areas, with subsequent negative impacts on the mobility of workers. This is exacerbated by the structure of the public housing system that currently accommodates almost half of the population in Hong Kong. Program requirements effectively prohibit households from changing their assigned units so that residents in the public housing system face more severe limits on their access to economic and employment opportunities than those living in private housing. In this study, we use Hong Kong census data to analyze the impact of public housing tenancy on labor market outcomes. It is found that public renters indeed show higher unemployment and lower labor force participation than their counterparts in private households. These findings can have important implications for a coherent long-term development strategy on housing, transportation and labor resources in Hong Kong

An Economic Study of Hong Kong's Producer Service Sector and Its Role in Supporting Manufacturing

Funded by Industrial Support Fund, May