The role of vocational education and training in attracting foreign investment from multinational companies
Authors:
Phillip Toner
Publication date:
12 August 2004
Publication type:
Research report
Theme:
VET in context > International aspects of VET > Globalisation
ISBN:
1 920895 83 3 print; 1 920895 84 1 web
Multinational corporations are significant in the global economy, and increasingly important to national economies. Based on a literature review and 12 case studies of multinational corporations operating in Australia, the study finds the quality of the domestic VET-skilled workforce is ranked equal third in importance, out of fifteen factors, when deciding to invest in Australia. To make the VET system more attractive to foreign investment, the multinational corporations in the case studies recommended better overseas publicity of the training system, and improvements to literacy, numeracy and production knowledge of lower-level workers in manufacturing.
PDF, 585 KB
Word, 1.8 MB
Order hard copy $22.00
