A workforce value chain analysis in high tech multinational corporations' electronics manufacturing in Penang

dc.contributor.authorLay Hoon, See
dc.date.accessioned2015-05-06T07:48:50Z
dc.date.available2015-05-06T07:48:50Z
dc.date.issued2010
dc.description.abstractPenang has been a hub for multinational companies (MNCs') in Asia since the 1970s (Malaysian Business, 2004). High-technology companies quickly recognised Penang as the hotbed for their offshore investment due to the vast pool of technical talents and low-cost structures, and thus provides an excellent environment for illl1ovation. Penang, as the thriving technology hub for more than 30 years, is highly aware that the workforce dependency to foreign direct investment (FDI) is tremendous. Since the beginning of January 2009, many foreign owned MNCs' had laid off their workers due to the economic recession, which hit the American economy badly. The escalated unemployment rate is a lagging indicator, which often starts to rise only after economic trouble starts mounting. As such, how can we possibly stabilise the employment rate and the workforce in totality without fully depending upon the FDI host countries' economic fluctuation? KMPG Business Advisor, Woon Tai, and the Malaysian American Electronics Industry's chairman, Datuk Wong Siew Hai echoed that the employment stability in FDI especially the electronics and electrical (E&E) companies are expected to expand and move up the workforce value chain. The present research aims to explore the depth in the pioneer MNC investment company and to investigate on workforce value chain for sustainability and survival. Influence from the MNCs' investment is analysed, and evaluated if it exert strong economic and political push for a workforce structural reform. Another exploratory area is on whether the externalities generated by the FDI have positive effects to create enough urgency to the Malaysia government for human capital policy change either in education or in others.en_US
dc.identifier.urihttp://hdl.handle.net/123456789/616
dc.language.isoenen_US
dc.titleA workforce value chain analysis in high tech multinational corporations' electronics manufacturing in Penangen_US
dc.typeThesisen_US
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