Title: Public policy and entrepreneurship: the case of Singapore

Authors: Chew Soon Beng, Rosalind Chew

Addresses: Nanyang Business School, Nanyang Technological University, S3, 01C-91, Nanyang Avenue, 639798, Singapore. Nanyang Business School, Nanyang Technological University, S3, 01C-91, Nanyang Avenue, 639798, Singapore

Abstract: The aim of this paper is to examine how various public policies that have evolved may have both hindered and encouraged entrepreneurship in Singapore. The main conclusion of the paper is that, in order to attain full employment with a high standard of living, Singapore has pursued policies which encourage workers to work hard and at the same time encourage foreign investors to set up plants in Singapore to provide employment opportunities. Under such a strong macro-economic environment, encouraging entrepreneurship is neither effective nor a priority choice.

Keywords: entrepreneurship; Singapore; foreign investment; labour market policies.

DOI: 10.1504/IJEIM.2001.000454

International Journal of Entrepreneurship and Innovation Management, 2001 Vol.1 No.2, pp.217-229

Published online: 16 Jul 2003 *

Full-text access for editors Full-text access for subscribers Purchase this article Comment on this article