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Productivity still a concept for the Productivity Council

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Jake Van Der Kamp

With a HK$10 million grant from the Innovation and Technology Fund, the Productivity Council wants to turn the city into a major producer of airplane seats. Council researchers have just reverse-engineered an economy class seat for the Airbus A340, based on local airlines' discards.

SCMP, December 6

The first thing you have to understand about the Productivity Council, a government dinosaur so old and decrepit that any zoo would consign it straight to the mortuary, is that it does not even know what productivity is.

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From its website - 'Productivity is the effective use of innovation and resources to increase the value-added content of products and services.'

From the Concise Oxford Dictionary - 'Productivity n. capacity to produce; quality or state of being productive; production per unit of effort; effectiveness of productive effort, esp. in industry.'

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As is perfectly apparent to the editors of the Oxford Dictionary, the essential meaning of the word lies in getting more production for the effort put into it, whether that effort is in labour or capital.

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