PUBLIC POLICY AND ENTREPRENEURSHIP DEVELOPMENT - SINGAPORE STYLE

Mark Goh and Irene Chew
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Mark Goh: Faculty of Business Administration, National University of Singapore, Singapore
Irene Chew: School of Accountancy & Business, Nanyang Technological University, Singapore

Journal of Enterprising Culture (JEC), 1996, vol. 04, issue 01, 79-93

Abstract: In the recent attempt to add an external wing to its economy, Singapore has been using its various agencies and instruments to promote the growth of micro enterprises and other types of Small and Medium-sized Enterprises (SMEs). Recognising the potential contribution by entrepreneurs to help sustain economic growth for the country, the Singapore government is now embarking on a proactive public policy to motivate new business entrepreneurship.This paper shows how the government has worked with industry to encourage entrepreneurship development. Particular attention is paid to the activities of various government agencies in relation to new business entrepreneurship and to the barriers of this activity in Singapore. The Singapore experience and programme offer useful insights for policy development and management by other countries in the region.

Date: 1996
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DOI: 10.1142/S021849589600006X

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