Chapter 5 Conclusions
5.3 Research Suggestions
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even many SJTU EMBA students are from other provinces and countries. After graduation, these students will not necessarily stay in Shanghai for contributing their expertise. In other words, the career goals and motivations of SJTU EMBA students may not necessarily consistent with the education targets of SJTU EMBA for Shanghai's regional economic development.
The conclusion of this study is limited by the design of interview questions and research framework, and the research orientation initially focuses on Shanghai regional economic development, so we did not investigate and analyze the motivations of EMBA students. This is the main limitation of this study.
5.3 Research Suggestions
This study is a qualitative research using case study and in-depth interview.
The subject is the EMBA of Shanghai Jiao Tong University. We recommend that researchers can apply our approach to study other famous international EMBAs in Shanghai to identify their characteristics and special relevance to Shanghai’s future development.
Secondly, given the State Council of China has issued four plans for China Pilot Free Trade Zones: Shanghai, Guangdong, Tianjin, and Fujian. And on April 20, 2015, Further Deepening the Chinese Shanghai Pilot Free Trade Zone Reform Scheme. The required industry management talents for the development of these areas should have a considerable degree of relationship with local EMBA and universities. Therefore, we suggest the follow-up researchers can
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replicate our research model of Shanghai to conduct different free trade zone research. Different regions may have different development characteristics and strategies, it may also affect the management talent cultivating strategy of local academic institutions.
Thirdly, the development of Taiwan's industry is facing significant challenges and our industrial structure is also facing transition pressures.
Regardless of efforts delivered by the global resource integrator and/or industrial technology leader, the most important key is the mastery of various kinds of talent. About the new demand of talents for different industries, the government needs to facilitate to recruit worldwide high-quality talents, and not just limits to local workforce. So, how to attract domestic and foreign top talents to enhance Taiwan's overall industrial value is a critical issue which our industries, government, and academic circles must actively face. On the other hand, EMBA is one of the strategies to foster industry management talents. Currently, it still needs more people to involve in the study of the relationship of regional developments and local EMBA in Taiwan.
Finally, on 22 August 2013, the State Council approved the establishment of SFTZ (Shanghai Free-Trade Zone). It is the first free-trade zone in mainland China and covers an area of 120.72 square kilometers and integrates four existing bonded zones in the district of Pudong- Waigaoqiao Free Trade Zone,Waigaoqiao Free Trade Logistics Park, Yangshan Free Trade Port Area and Pudong Airport Comprehensive Free Trade Zone. The zone is being used as a testing ground for a number of economic and social reforms. According to the main policy objectives of Framework Plan for China (Shanghai) Pilot Free
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Trade Zone, China hopes to accelerate the transformation of government functions through two to three years reform, and promote the opening of the service sector and reform of foreign investment management system in order to build up a free trade zone with convenient trading investment, free currency exchange, efficient and convenient supervision, and legal norms in line with international standards. This subject is worth to study for the future reform and opening up of Shanghai and China. However, due to the constraints of time and cost, our study did not explore the relationship between SFTZ requirements and the development of local EMBA. We suggest the following researchers can incorporate SFTZ to systematically study Shanghai EMBA features and strategies.
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