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CONCLUSION: HUMAN CAPITAL FORMATION AND FOREIGN DIRECT INVESTMENT IN DEVELOPING COUNTRIES
The literature on human capital formation and FDI provides tentative answers to the five questions posed in the introduction of this paper.
Human Capital Formation by MNEs: Supporting Formal Education
While training is no doubt the major source of HRD activities undertaken by the MNEs, they can also contribute to the HRD of host developing countries by mobilising formal education. One of the MNEs that has invested substantially in formal education is Intel. They have invested in curriculum, educational equipment, infrastructure and technical support to almost all countries where they have production facilities, including Argentina, Brazil, Costa Rica, China, Malaysia, South Korea, India, Russia, Poland, Ireland and South Africa.
Attracting Service Sector MNEs
As shown in section II.2, services sector FDI has been a growing area in the past 15 years. Since the service sector FDI, in general, involves high value-added MNEs that possess knowledge and technology, host developing countries may want to mobilise their human resources so as to attract these types of MNEs. While not all servicesrelated MNEs require high-skilled workers, some of the growing services-related MNEs do actually require a high-skilled workforce. They include MNEs operating in the area of financial services, information technology, telecommunication, pharmaceutical, medical, as well as firms that locate regional headquarters in the host country.

Other tertiary education sector Related Articles

Ending poverty means abandoning charity and accepting reality
Benin Mwangi, who blogs about doing business in Africa, asked me recently: "should the discussion be about how to get the informal sector to become part of the formal sector or should it be how to cater to the informal sector?" This in an excursion into the morass of African poverty and development. The short answer is: neither; ending poverty has nothing to do with the informal sector.

2.2 Sectoral performance I: Economic Report on Africa 2007
African economies are experiencing a structural shift whereby the service sector is becoming an important driver of growth. In 2004, the service sector contributed 49 per cent of GDP growth compared to 36 per cent for industry (including mining and quarrying) and 15 per cent for agriculture. In 2004, all three sectors continued to grow, albeit at relatively low rates. The industrial sector had the highest growth rate at 9.05 per cent, although growth in the manufacturing sector fell by almost 3.8 per cent compared to 2003. Developments within each sector and for each subregion are discussed in more detail below.
10.2 Pre-start-up training: Support for Growth-oriented Women Entrepreneurs in Tanzania, 2005
Data from a 1997-98 training needs assessment of informal sector operators found that over 75 per cent of informal sector operators had primary education, while only seven per cent had attended vocational training courses. Most had acquired their skills in a variety of trades through apprenticeships or directly from their peers, but were unaware of the theoretical aspects (reported in Mlingi, 2000, p. 81). Only 5.3 per cent of the MSEs in the Swisscontact (2003) study had received any entrepreneurship training, and even fewer in new product technologies or costing and pricing. This suggests that most MSEs are “learning through trial and error” or from the practical know-how of other operators.
7.5.6 Women and disabled persons: Institutional design and capacity building
Increasing female enrolments in secondary and tertiary education is critically important, especially in subject areas that have been traditionally male dominated and where long-term occupational prospects are more promising.

SELL YOURSELF WELL
The most difficult CV’s to put together are those of people who have just left school, who perhaps didn’t complete school, have no tertiary education and little or no work experience. It might seem that they have very little to work from. But everyone has something about themselves which they can sell.

About.com’s Martin Murray’s post “Non-Profit Organization Suing ERP Supplier” A Sign of the Times?
In a white paper that I had written in 2007 titled “SAP Procurement for Public Sector” I had highlighted how the challenges with failed ERP-centric initiatives extended beyond the public sector to include the private sector. The difference as one senior Colgate-Palmolive executive told me shortly after scrapping a failed program was that “unlike the public sector in which a failed initiative becomes front page news, private sector company ERP failures rarely make a blip on the media’s collective radar screen.” The lack of media awareness notwithstanding, the frequency of failures in the private sector is comparable to the number of setbacks that occur in the public sector.
Young entrepreneurs – do you have what it takes?
The fact that the SME sector is a tough industry to break into does not seem to deter the average young entrepreneur. But are big ideas, determination, passion and the will to succeed enough to be a truly successful entrepreneur or could your age and a lack of higher education be your downfall.
Times Franchise Expo Review
Recently Times Franchise Expo, organised its 35th Franchise Exhibition in Mumbai. The exhibition was held for two days 4th and 5th September 2010. The exhibitors were mostly from the education sector. Most of the education companies were operating in the preschool space.
The Relevance & Reality of Education
We cannot deny that education is important and useful. A good education is critical for navigating through today’s, often times, confusing world. A better quality education may spell the difference between more opportunities and missed opportunities. Education arms us with the knowledge and know-how, married with the know-who we will build and develop. Education helps eradicate ignorance, and the prejudices and discrimination that it breeds.
Entrepreneurship
Entrepreneurship is the fastest growing field of study in tertiary education in North America and Europe - Gary brings the question to people in regards to starting of buying a business.

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