Background Information

The Department of Business Administration of the Hong Kong Institute of Vocational Education (Tsing Yi) will, with grants from the Quality Education Fund (QEF), undertake the project of "The Development of a Hong Kong Network of Virtual Enterprises ". A Virtual Enterprise provides a learning environment, which enhance the development of business skills, technical skills and interpersonal skills. It is a simulated business that is set up and run by students with support from a teacher / facilitator and a real business. At present there are about 3,000 Virtual Enterprises throughout the world. The concept of Virtual Enterprises was endorsed by the 1996 APEC Forum. The project aims to develop a Network of Virtual Enterprises among secondary schools and colleges in Hong Kong, in three phases from June 1999 to July 2001.

What is Virtual Enterprise ?

The key focus of a Virtual Enterprise is to help its participants access employment while enhancing their professional knowledge and skills. A Virtual Enterprise functions like a real business, participants gain work experience and are kept current to business trends. If you are interested in learning about Virtual Enterprises, please use this site as a resource. Members of other Virtual Enterprises are invited to use our excellent online catalog for making product orders.

Objectives :

1. To introduce an innovative teaching and learning strategy with quality outcomes to business education
2. To develop a model to suit Hong Kong's education programmes, based on the methodology used in Australia
3. To motivate students to become life-long learners
4. To enhance students' employability
5. To broaden students' career opportunities and choices
6. To provide teachers with skills and knowledge of current business practices
7. To establish a Hong Kong Network of Virtual Enterprises with APEC and international affiliations