Advertisement

Case Study: Singapore

  • Waqas NawazEmail author
  • Muammer Koç
Chapter
Part of the Management and Industrial Engineering book series (MINEN)

Abstract

Singapore is a rapidly developing country with a diverse population sitting on one of the most strategic locations in the world—Strait of Malacca, which transports more than 50% of world’s commercial goods. Over the past fifty years, the country has transformed itself from a technology user to a technology developer. The main source of human and financial capital in the country is the foreign talent and direct investment. The government has established various agencies and institutions, such as Agency for Science, Technology and Research, to propel domestic innovation in collaboration with MNCs. Most importantly, the government has maintained a liberal immigration policy to attract the overseas talent. Moreover, the IP Act and Competition Act balance each other to promote competition between low-tech and high-tech enterprises but at the same time these regulations ensure a level playing field for all actors in the innovation system of Singapore. Similar to other innovation-driven countries, Singapore has also developed public research institutions, clusters, and science parks. In parallel to the institutional and infrastructure development, there has been an equal emphasis on training and development of human capital. On other hand, a host of public-private partnership programs, such as Technopreneurship21 and GET-UP, ensures collaboration between industries, universities and government at all levels.

References

  1. ACCM. (2017). https://accm.a-star.edu.sg. Accessed September 12, 2017.
  2. Ascendas-Singbridge. (2017). http://www.ascendas-singbridge.com/en/our-properties/singapore. Accessed September 12, 2017.
  3. ASTAR. (2011). STEP 2015: Science, technology & enterprise plan 2015. Singapore: Planning and Policy Department, ASTAR.Google Scholar
  4. ASTAR. (2015a). National Survey of Research and Development Singapore 2015. ASTAR December 2016.Google Scholar
  5. ASTAR. (2015b). A*STAR deepens technology adoption for SMEs through new initiatives. ASTAR, April 16, 2015.Google Scholar
  6. Block71. (2017). http://www.blk71.com/. Accessed September 12, 2017.
  7. CCS. (2017). https://www.ccs.gov.sg/legislation/competition-act. Accessed September 11, 2017.
  8. Cornell University, INSEAD, WIPO. (2017). The Global Innovation Index 2017—Innovation Feeding the World. Ithaca, Fontainebleau, and Geneva.Google Scholar
  9. CREATE. (2017). https://www.create.edu.sg/about-create. Accessed September 12, 2017.
  10. Economic Review Committee. (2003). Restructuring the tax system for growth and job creation. In Report of the Economic Review Committee.Google Scholar
  11. Ho, Y.-P., Hang, C.-C., Ruan, Y., Wong, P.-K. (2015). Transferring knowledge from PRIs to SMEs via manpower secondment: The case of Singapore’s GET-UP program. In XIII Triple Helix International Conference, Beijing, August 21–23, 2015.Google Scholar
  12. Hu, A. G., & Shin, J.-S. (2002). Climbing the technology ladder. In A. T. Koh, K. L. Lim, W. T. Hui, B. Rao, & M. K. Chng (Eds.), Singapore economy in the 21st century. Singapore: McGraw Hill.Google Scholar
  13. IRAS. (2015). IRAS e-tax guide: Research and development tax measures. IRAS.Google Scholar
  14. Kaya, I. H., & Bozdoğanoğlu, B. (2016). Research and Development (R&D) tax incentives in Singapore. International Journal of Humanities and Management Sciences, 4(2), 181–183.Google Scholar
  15. Koh, F. C. C., Koh, W. T. H., & Tschang, F. T. (2005). An analytical framework for Science Parks and Technology Districts with an application to Singapore. Journal of Business Venturing, 20(2), 217–239.CrossRefGoogle Scholar
  16. Lim. (2014). Linkage and collaboration between universities and industries in Singapore. In SEAMEO RIHED regional seminar on linkage and collaboration between the higher education institutions and industries.  https://doi.org/10.13140/2.1.3840.6402.
  17. MSRDP. (2017). http://www.msrdp.sg/. Accessed September 12, 2017.
  18. Neubauer, D., Shin, J. C., & Hawkins, J. N. (2013). The dynamics of higher education development in East Asia: Asian cultural heritage, western dominance, economic development, and globalization. New York: Palgrave Macmillan.CrossRefGoogle Scholar
  19. NRF. (2017a). https://www.nrf.gov.sg/programmes. Accessed September 12, 2017.
  20. NRF. (2017b). https://www.nrf.gov.sg/funding-grants. Accessed September 20, 2017.
  21. OECD. (2013). OECD reviews of innovation policy: Innovation in Southeast Asia. Paris: OECD Publishing.CrossRefGoogle Scholar
  22. SPRING Singapore. (2015). Factsheet for collaborative industry projects. Posted online on 21 May 2015.Google Scholar
  23. SPRING Singapore. (2017b). Enhanced Partnerships for Capability Transformation (PACT) to Drive Government Lead Demand (Gov-PACT): Factsheet. SPRING Singapore, 3 March 2017.Google Scholar
  24. SSO. (2017). http://statutes.agc.gov.sg. Accessed September 11, 2017.
  25. The World Bank. (2017). https://data.worldbank.org/. Accessed December 17, 2017.
  26. Wong, P.-K. (1999a). National innovation systems for rapid technological catch-up: An analytical framework and a comparative analysis of Korea, Taiwan and Singapore. In DRUID Summer Conference on National Innovation Systems, Industrial Dynamics and Innovation Policy, Rebuild, Denmark, June 9–12, 1999.Google Scholar
  27. Wong, P.-K. (1999b). University-industry technological collaboration in Singapore: Emerging patterns and industry concerns. International Journal of Technology Management, 18(3/4), 270–285.CrossRefGoogle Scholar
  28. Wong, P.-K. (2003). From using to creating technology: The evolution of Singapore’s national innovation system and the changing role of public policy. In S. Lall & S. Urata (Eds.), Foreign direct investment, technology development and competitiveness in East Asia. UK: Edward Elgar Publishing.Google Scholar
  29. Wong, P.-K. (2011). Overview of angel investing in Singapore. Available at https://www.techinasia.com/overview-of-angel-investing-in-singapore.
  30. Wong, P.-K., Ho, Y.-P., & Singh, A. (2010). Industrial cluster development and innovation in Singapore. In A. Kuchiki & M. Tsuji (Eds.), From agglomeration to innovation. London: Palgrave Macmillan.Google Scholar

Copyright information

© Springer Nature Switzerland AG 2020

Authors and Affiliations

  1. 1.Sustainable Development DivisionHamad Bin Khalifa UniversityDohaQatar

Personalised recommendations