The research aims to tackle the issue of the interaction between the labor market activities and high-technology development in the Hsinchu Science-based Industrial Park (HSIP). By use of questionnaire and in-depth interview, a configuration of a fluid labor market is painted. Under the circumstance of agglomerated vertically-disintegrated industrial system, the intensive social networks constructed by employee's boundaryless career will render the embodied technology diffusion easy. The fluidity, on the one hand, helps solve bottleneck in the production process, and more importantly, on the other, help integrate the division of labor among the cooperating firms, and thus enhance the flexibility of the industrial system. However, some contradictions co-exist with the fluid labor market. One of them is the concern of the obsolete technology lock-in of the system. Thanks to the innovations transferred by Silicon Valley returnees, the industrial system is able to escape from the trap of close system. Finally, a brief comparison between the labor market activities in the HSIP and those in Silicon Valley is raised. By doing so, it illustrates the possibility of cooperation between the two high-technology regions.