(1) Explain the Chinese/Indian human capital investment plan and technological development and its contribution towards Chinese/Indian economic growth. (2) Will business sustainability hinder or enhance technological developments in China/India? Use a case study of Chinese manufacturing business (Indian IT sourcing business) to support your argument. 1. A clear definition and explanation of Human Capital Investment . Critical analysis of the human capital investment plan with specific theoretical approaches with inference towards the emerging countries. 2. Link point 2 with the Chinese/Indian economic growth model with the incorporation of empirical and theoretical concepts demonstrating one’s understanding. 3. For part 2 of q3, collect and analyse your chosen case study. 4. Provide a critical analysis of the relationship between business sustainability and technological development in China/India, and use your case study to support your argument. 5. Use Rostow development model as a key point These references have to part of the essay Heckman, J. J. (2005). China’s human capital investment. China Economic Review, 16(1), 50-70. Yan, W., & Yudong, Y. (2003). Sources of China’s economic growth 19521999: incorporating human capital accumulation. China Economic Review,14(1), 32-52. Liu, X., & White, S. (2001). Comparing innovation systems: a framework and application to Chinas transitional context. Research policy, 30(7), 1091-1114. Fleisher, B., Li, H., & Zhao, M. Q. (2010). Human capital, economic growth, and regional inequality in China. Journal of development economics, 92(2), 215-231.
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