Arbeitspapier

Singapore: The knowledge hub in the straits of Malacca

In the beginning of the 1990s, Singapore's government identified the local production of global knowledge as field of action that shall assure sustainable future economic and social development. This focus appears plausible when looking at the factors of production that - besides knowledge - Singapore can offer. As a small country with less than 4m inhabitants, little land and labour is available. Consequently, the Singaporean government decided to focus on knowledge and money as the factors of production that are increasingly regarded as responsible for the creation of wealth by members of the international scientific community. Besides others, the management guru Peter F. Drucker expressed this belief in the economic strength of knowledge by stating: 'the central wealth-creating activities will be neither the allocation of capital to productive uses, not 'labour'... Value is now created by 'productivity' and 'innovation' both applications of knowledge to work' (Drucker, 1994: 8). This paper attempts to outline this push towards knowledge production and the positioning of Singapore as a knowledge hub in the Straits of Malacca initiated by the Singaporean government. The paper is divided into, first, grasping the dominant definitions of knowledge in Singapore and second, redrawing the government activities towards increased knowledge production, which is hoped to ensure long-term economic stability and growth.

Sprache
Englisch

Erschienen in
Series: ZEF Working Paper Series ; No. 14

Klassifikation
Wirtschaft

Ereignis
Geistige Schöpfung
(wer)
Hornidge, Anna-Katharina
Ereignis
Veröffentlichung
(wer)
University of Bonn, Center for Development Research (ZEF)
(wo)
Bonn
(wann)
2006

Handle
URN
urn:nbn:de:0202-20080911147
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Hornidge, Anna-Katharina
  • University of Bonn, Center for Development Research (ZEF)

Entstanden

  • 2006

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