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The Case of Singapore

  • Pang Eng Fong
  • Annukka Paloheimo

Abstract

Despite their growing importance in world trade and investment, Small and Medium Sized Enterprises (SMEs) have not received the research attention they deserve. In particular, not much is known about their performance and technology transfer experiences in developing countries. This chapter analyses the technology transfer experiences of a small number of Singapore firms that are subsidiaries or licensees of SMEs from industrial countries.1 It is based largely on information collected in an interview-based survey carried out in May-June 1988. The survey covers 16 manufacturing firms in key industries, enough to provide a first look at the ways SMEs (defined as parent companies with less than 1000 employees) have transferred technology to Singapore, a newly-industrialising city-economy with a long-standing policy of openly welcoming foreign investment and technology. Foreign investors of many nationalities are represented in the sample. The sample firms account for around 15 per cent of the foreign manufacturing firms in Singapore whose parents fall within the definition used here for a SME.2 Though small in number, the sample firms reveal an instructive range of experiences on technology transfer. Their experiences have, however, to be placed in a historical and policy context, namely that of a rapidly-industrialising, open city economy that imposes few restrictions on foreign investments.3

Keywords

Technology Transfer Foreign Investment Foreign Firm Parent Company Sample Firm 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Peter J. Buckley, Jaime Campos, Hafiz Mirza and the estate of Eduardo White 1997

Authors and Affiliations

  • Pang Eng Fong
  • Annukka Paloheimo

There are no affiliations available

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