Competition for premium human resources: Cooperation and rivalry between Hong Kong and Shenzhen

Research output: Chapter in Book/Report/Conference proceedingChapters

Abstract

The GBA Plan removed barriers to enable Hong Kong and Shenzhen to implement cooperation in innovation, but the resulting free mobility of talented people has activated rivalry for premium human resources. This chapter assessed the competitiveness of economic and social systems in both Hong Kong and Shenzhen in attracting and retaining knowledgeable, creative, and young talented people. We quantified the sense of relative deprivation among the premium human resources in both cities and adopted it as an indirect indicator to predict the future competitiveness of the two cities. As our indicator is human capital oriented, it is particularly powerful in assessing the sustainability of the economic growth of a city in the innovation-and knowledge-driven economy. All of our findings consistently show that: 1) the economic environment of Hong Kong is more competitive than that of Shenzhen in retaining premium human resources; 2) the quality of life in neither Hong Kong nor Shenzhen is competitive in retaining premium human resources, with the situation in Hong Kong being worse. Copyright © 2022 The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd.
Original languageEnglish
Title of host publicationCities and social governance reforms: Greater Bay Area development experiences
EditorsKa Ho MOK
Place of PublicationSingapore
PublisherPalgrave Macmillan
Pages51-71
ISBN (Electronic)9789811695315
ISBN (Print)9789811695308
DOIs
Publication statusPublished - 2022

Citation

Zhu, A. Y. F. (2022). Competition for premium human resources: Cooperation and rivalry between Hong Kong and Shenzhen. In K. H. Mok (Ed.), Cities and social governance reforms: Greater Bay Area development experiences (pp. 51-71). Palgrave Macmillan. https://doi.org/10.1007/978-981-16-9531-5_4

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