Public policy and entrepreneurship: the case of Singapore Online publication date: Wed, 16-Jul-2003
by Chew Soon Beng, Rosalind Chew
International Journal of Entrepreneurship and Innovation Management (IJEIM), Vol. 1, No. 2, 2001
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.
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