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Exporting Expertise: A Note On Singapore's Gambit In Bangalore, India, Caroline Yeoh, Amrit Vaidyanath, Siang Yeung Wong Sep 2013

Exporting Expertise: A Note On Singapore's Gambit In Bangalore, India, Caroline Yeoh, Amrit Vaidyanath, Siang Yeung Wong

Caroline Yeoh

Infrastructure can be unreliable and administration subject to corruption in Asia’s rapidly emerging economies. This context presented Singapore with unique opportunities to export its ‘positive reputation’ to locations where these attributes are less certain, through the provision of superior infrastructure, the ability to negotiate investment concessions and, where existing, through the links to influential business groups in the investment location. This strategic initiative is premised on the perception that Singapore’s good relations with multinationals, as well as “connections” with Asian business networks, will give the industrial-township projects a marketing advantage. To complement the extensive literature on Singapore’s ...


The Internationalization Of Singapore's State Enterprise Network In The Context Of Asia's Transborder Industrialization: New Evidence From Indonesia, Vietnam And China, Caroline Yeoh, Victor Sim, Genrong Meng Sep 2013

The Internationalization Of Singapore's State Enterprise Network In The Context Of Asia's Transborder Industrialization: New Evidence From Indonesia, Vietnam And China, Caroline Yeoh, Victor Sim, Genrong Meng

Caroline Yeoh

State-led, market-driven interventions have been the hallmark of the Singapore `success story’. This paper revisits Singapore’s state-enterprise strategy, in the context of the city-state’s determined efforts at internationalization, and takes a closer look at the portability of this strategy, in the framework of Regionalization21, a series of transborder industrialization experiments in Indonesia, Vietnam and China. These state-engineered projects, orchestrated to encapsulate economic space for Singapore-based firms to expand into the region, remains controversial. This strategic initiative is promulgated on the exportability of Singapore’s state credibility, systemic and operational efficiencies as well as technological competencies, to locations where ...


Embedded Co-Operation In The Context Of Singapore's Regionalization Program: The Batamindo Experiment Revisited, Caroline Yeoh, Adeline Kwan, Siang Yeung Wong Sep 2013

Embedded Co-Operation In The Context Of Singapore's Regionalization Program: The Batamindo Experiment Revisited, Caroline Yeoh, Adeline Kwan, Siang Yeung Wong

Caroline Yeoh

The development of Singapore-styled industrial parks has resided on the country’s ability to negotiate investment concessions at inter-government level, to provide superior infrastructure, and where existing, through the links to influential business groups in the investment location. Singapore’s first transborder industrialization project in Batam (Indonesia) reflects this stratagem. This paper revisits the debate on the attractiveness of the low-cost investment enclaves for multinational investments, with insights from Batamindo Industrial Park. Through evidence from on-site interviews and case studies, this paper concludes that while the project’s progress to date has been largely overshadowed by socio-political uncertainties in the ...


Competition, Competitiveness And 'Created' Competitive Advantages: Re-Positioning The Singapore 'Advantage' In China, India, Vietnam And Indonesia, Caroline Yeoh Aug 2013

Competition, Competitiveness And 'Created' Competitive Advantages: Re-Positioning The Singapore 'Advantage' In China, India, Vietnam And Indonesia, Caroline Yeoh

Caroline Yeoh

No abstract provided.


Regionalisation And Singapore's Transborder Industrialisation: A New Perspective On Suzhou Industrial Park, Xun Cai, Lu Gao, Caroline Yeoh Aug 2013

Regionalisation And Singapore's Transborder Industrialisation: A New Perspective On Suzhou Industrial Park, Xun Cai, Lu Gao, Caroline Yeoh

Caroline Yeoh

The dynamics of international economic competition have prompted governments to re-examine accustomed policies, and search for alternative strategies, in order to re-position their economies for the future. This paper takes a look at Singapore’s search for a competitive positioning in the global marketplace, and focuses on the city-state’s much-publicized, and controversial, flagship project in China, viz, the Suzhou Industrial Park (SIP). This strategic initiative is premised on the perceptions that Singapore’s positive reputation with multinational corporations, and ‘guanxi’ (or connections) with regional governments, will give the regional sites a strategic advantage in the competition for foreign investments ...


Embedded Co-Operation In The Context Of Singapore's Regionalization Program: The Batamindo Experiment Revisited, Caroline Yeoh, Adeline Kwan, Siang Yeung Wong Aug 2013

Embedded Co-Operation In The Context Of Singapore's Regionalization Program: The Batamindo Experiment Revisited, Caroline Yeoh, Adeline Kwan, Siang Yeung Wong

Caroline Yeoh

The development of Singapore-styled industrial parks has resided on the country’s ability to negotiate investment concessions at inter-government level, to provide superior infrastructure, and where existing, through the links to influential business groups in the investment location. Singapore’s first transborder industrialization project in Batam (Indonesia) reflects this stratagem. This paper revisits the debate on the attractiveness of the low-cost investment enclaves for multinational investments, with insights from Batamindo Industrial Park. Through evidence from on-site interviews and case studies, this paper concludes that while the project’s progress to date has been largely overshadowed by socio-political uncertainties in the ...


Singapore's Regionalization Blueprint: The Empirics Of The Case For Selective Intervention, Caroline Yeoh, Siang Yeung Wong Aug 2013

Singapore's Regionalization Blueprint: The Empirics Of The Case For Selective Intervention, Caroline Yeoh, Siang Yeung Wong

Caroline Yeoh

No abstract provided.


Singapore's Foray Into Bangalore, India: An Empirical Review, Amrit Vaidyanath, Caroline Yeoh, Siang Yeung Wong Aug 2013

Singapore's Foray Into Bangalore, India: An Empirical Review, Amrit Vaidyanath, Caroline Yeoh, Siang Yeung Wong

Caroline Yeoh

Singapore’s regionalization stratagem led to the establishment of industrial parks in China, India and several South-East Asian countries. The strategic intent behind these overseas projects was two-fold: exporting Singapore’s competencies such as management know-how, technological capabilities and corrupt-free administration to regions where such positive factors were lacking and secondly, exploiting comparative advantages that each region had to offer. This paper investigates Singapore’s foray into India, through the technology park in Bangalore. It evaluates the location specific benefits of the site, primarily in terms of abundant and low-cost labor resources. Accompanied by empirical findings, this study finds that ...


Staying Ahead Of The Competition: Insights From Singapore's Manufacturing Enclave In Vietnam, Caroline Yeoh, Di Kun Goh, Wilfred Pow Ngee How Aug 2013

Staying Ahead Of The Competition: Insights From Singapore's Manufacturing Enclave In Vietnam, Caroline Yeoh, Di Kun Goh, Wilfred Pow Ngee How

Caroline Yeoh

The apparent success of Singapore-styled industrial parks in attracting foreign investments into the emerging Asian economies to capitalize on cheap and abundant resources has led, pari passu, to a mushrooming of similarly-patterned competitor parks in close proximity to the flagship projects. Many of the competitor parks offer either similar or comparable facilities, lower rates, or, in some cases, both. The ensuing dynamic competitive interactions between the competitor parks and the Singapore-styled parks have forced a re-examination of the viability of the Singapore advantage in navigating the economics of competition, and in sustaining competitive advantage. The Vietnam-Singapore Industrial Park (VSIP), unsurprisingly ...


Integrating Business Opportunities In Contiguous Economies: Perspectives From Singapore's Gambit In Indonesia, Caroline Yeoh, Sang M Lee, W. Ra Jang Aug 2013

Integrating Business Opportunities In Contiguous Economies: Perspectives From Singapore's Gambit In Indonesia, Caroline Yeoh, Sang M Lee, W. Ra Jang

Caroline Yeoh

No abstract provided.


The Singapore "Advantage" In India: A Perception Or A Premium?, Alexandra Si-Lan Wee, Ai Lin Leong, Caroline Yeoh Aug 2013

The Singapore "Advantage" In India: A Perception Or A Premium?, Alexandra Si-Lan Wee, Ai Lin Leong, Caroline Yeoh

Caroline Yeoh

Singapore’s regionalisation strategy has been applied in various countries, such as China, Vietnam and India, through the establishment of industrial parks. The parks are marketed as a winning combination of the host country’s unique location advantages and Singapore style efficiency and management know-how. Singapore’s foray into India was marked by the setting up of the ITPL in Bangalore, and furthered by its venture into a future phase of HITEC City, based on her success in Bangalore. However, with global businesses shifting interests towards India, and competing industrial parks emerging to meet the increasing demand, ITPL is faced ...


Strategic Management For Economic Development: Remaking The Singapore 'Model', Caroline Yeoh, Wilfred Pow Ngee How Aug 2013

Strategic Management For Economic Development: Remaking The Singapore 'Model', Caroline Yeoh, Wilfred Pow Ngee How

Caroline Yeoh

The dynamics of international economic competition have far-reaching policy implications for both developing and developed countries. Established industrial and trade policy regimes in most countries are under tremendous strain, and this applies even to the dynamic Newly Industrialising Economies (NIEs). The outward-oriented development strategies of the Asian NIEs, which once seemed unbeatable, have run up against protectionist barriers in the developed countries, and increasingly, against competitive pressures from other up and coming developing countries. Governments in these NIEs have had to re-examine accustomed policies and strategies, and search for alternative strategies and programs, in order to re-position their economies for ...


Local Knowledge Going Global: Singapore's Exported Expertise In Indonesia, Vietnam And China, Wilfred Pow Ngee How, Caroline Yeoh Aug 2013

Local Knowledge Going Global: Singapore's Exported Expertise In Indonesia, Vietnam And China, Wilfred Pow Ngee How, Caroline Yeoh

Caroline Yeoh

No abstract provided.


Singapore Business And The Gulf: Un Tour D’Horizon, Caroline Yeoh, Wilfred How Aug 2013

Singapore Business And The Gulf: Un Tour D’Horizon, Caroline Yeoh, Wilfred How

Caroline Yeoh

Never more newsworthy in business circles has been the Gulf Region than in recent decades; from the region's vast economic strength and meteoric development, to the events of the financial crisis and the ongoing 'Arab spring'. A rich environment in every way – business, cultural, and socio-political – the countries of the Gulf Co-operation Council (GCC) provide a fascinating subject for academic study from a wealth of perspectives. Some of these perspectives are well-explored; others, markedly less so, the business dimension of this unique and complicated market regrettably among them. While a favored subject of our own research, the comparative dearth ...


Economics Of Competition': A Study Of Low-Cost Manufacturing Enclaves In Batam Island, Indonesia, Caroline Yeoh, Feng Hao Chua, Sylvie Tan Aug 2013

Economics Of Competition': A Study Of Low-Cost Manufacturing Enclaves In Batam Island, Indonesia, Caroline Yeoh, Feng Hao Chua, Sylvie Tan

Caroline Yeoh

Singapore’s transborder industrialization projects in China and India have received much attention. This regionalization initiative was intended to set in place a strategic configuration for the city-state to restructure its domestic industries and, pari passu, retain important linkages with contiguous, low-cost environments. Our study reports on Singapore’s pioneering, albeit lesser-known, project - Batamindo Industrial Park – in neighboring Batam Island, Indonesia, and finds that the strategic intent of this policy gambit remains stymied by non-economic, socio-political complexities in the host environment, and the economics of competition from other industrial estates in the vicinity of this prototype, remains to be addressed.


Role Of Government In Attracting And Inviting Investment From The Private Sector: Extrapolations From The Singapore Experience, Caroline Yeoh, Siang Yeung Wong, Adeline Li Feng Kwan Aug 2013

Role Of Government In Attracting And Inviting Investment From The Private Sector: Extrapolations From The Singapore Experience, Caroline Yeoh, Siang Yeung Wong, Adeline Li Feng Kwan

Caroline Yeoh

No abstract provided.


Singapore's Regionalization Blueprint: A Case For Transnational State Enterprise Networks?, Caroline Yeoh, Victor Sim, Louisa Zhang Aug 2013

Singapore's Regionalization Blueprint: A Case For Transnational State Enterprise Networks?, Caroline Yeoh, Victor Sim, Louisa Zhang

Caroline Yeoh

No abstract provided.


Exporting Expertise: Singapore’S Gambits In The Middle East, Caroline Yeoh, Wilfred Pow Ngee How Aug 2013

Exporting Expertise: Singapore’S Gambits In The Middle East, Caroline Yeoh, Wilfred Pow Ngee How

Caroline Yeoh

Singapore’s regionalization stratagem points increasingly towards the influence of both the sociopolitical environment and the economics of competition, in a business environment with an ever-growing number of competitors; to the extent that other forces, particularly political ones, are often sidelined. A more in-depth study of the above two influences is best performed in a context comparatively free of the implicit complex political facets but with sufficiently rich environments to challenge internationalizing firms, and distinct influences to draw pertinent conclusions from. For this purpose, the continually expanding business environments and the unique cultures of the Middle East provide the perfect ...


A New Frontier In Internationalization: Singapore's Gambits In The Middle East, Wilfred Pow Ngee How, Caroline Yeoh Aug 2013

A New Frontier In Internationalization: Singapore's Gambits In The Middle East, Wilfred Pow Ngee How, Caroline Yeoh

Caroline Yeoh

No abstract provided.


Re-Engineering Economic Space: The Case Of Singapore's Transborder Industrialization 'Experiments' In Asia, Caroline Yeoh, Wilfred Pow Ngee How, Di Kun Goh Aug 2013

Re-Engineering Economic Space: The Case Of Singapore's Transborder Industrialization 'Experiments' In Asia, Caroline Yeoh, Wilfred Pow Ngee How, Di Kun Goh

Caroline Yeoh

No abstract provided.


Exporting Expertise: The Singapore Experience In Vietnam, Caroline Yeoh, Siang Yeung Wong, Amrit Vaidyanath Aug 2013

Exporting Expertise: The Singapore Experience In Vietnam, Caroline Yeoh, Siang Yeung Wong, Amrit Vaidyanath

Caroline Yeoh

Infrastructure can be unreliable and administration subject to corruption in Asia’s rapidly emerging economies. This context presented Singapore with unique opportunities to export its ‘positive reputation’ to locations where these attributes are less certain. The strategic initiative is premised on the perception that Singapore’s good relations with multinationals, as well as ‘guanxi’, or connections, with Asian business networks, will give the industrial-township projects a marketing advantage. To complement the extensive literature on Singapore’s flagship projects in Indonesia and China, this paper takes a closer look at Singapore’s lesser-known project in Vietnam. Evidence from on-site surveys is ...


Internationalization Into The Gcc: Singapore In Retrospect, Caroline Yeoh, Wilfred Pow Ngee How, Hong Hao Chong Aug 2013

Internationalization Into The Gcc: Singapore In Retrospect, Caroline Yeoh, Wilfred Pow Ngee How, Hong Hao Chong

Caroline Yeoh

As internationalization becomes, increasingly, the chosen method of (ironically) competing for competitiveness among firms, new and rich frontiers for business come into ever-expanding demand. Among the foremost of these frontiers, the countries of the GCC represent both fertile ground and uncharted waters for internationalizing firms, with cultures as rich as their markets and sometimes byzantine yet fascinating socio-political forces presenting a plethora of challenges to erstwhile investing firms. As a culmination of our research into this region over past years, then, we examine in this paper, as a case study of sorts, the experiences of Singapore firms in the various ...


The Singapore Experience In The Gcc: Notes From Singapore Inc, Caroline Yeoh, Wilfred Pow Ngee How Aug 2013

The Singapore Experience In The Gcc: Notes From Singapore Inc, Caroline Yeoh, Wilfred Pow Ngee How

Caroline Yeoh

The city-state of Singapore's roadmap for internationalization of local companies into the GCC region has, arguably, made its mark; recently crossing the milestone of 100 local companies that have, to date, found business opportunities in this foreign and exotic land. Actually taking these opportunities, however, has proven more complicated, with cultural differences and highly dynamic local business environments posing unforeseen challenges to Singapore companies – producing a test of adaptability that has returned rather mixed results. Of particular interest are government-linked companies (GLCs), among the largest and the first of Singapore's entrants into the region; perceived as more structurally ...


Creating An Environment For Enterprise: The Singapore Experience In East Asia, Caroline Yeoh, Charmaine Jialing Cai, Chee Sin Koh Aug 2013

Creating An Environment For Enterprise: The Singapore Experience In East Asia, Caroline Yeoh, Charmaine Jialing Cai, Chee Sin Koh

Caroline Yeoh

No abstract provided.


The Singapore-India Connection: A Tale Of Two Industrial Parks, Caroline Yeoh, Wongso Kevin, Wee Tan Aug 2013

The Singapore-India Connection: A Tale Of Two Industrial Parks, Caroline Yeoh, Wongso Kevin, Wee Tan

Caroline Yeoh

In recent times, Singapore has, as part of its regionalisation strategy, established industrial parks in various countries, including China, Vietnam, and India. The parks are marketed as a winning combination of the host country’s unique location advantages and Singapore-style efficiency and management know-how. Singapore’s foray into India, in particular, was marked by the setting up of the ITPL in Bangalore; a development that met with great success. However, with global businesses shifting interests towards India, and competing industrial parks emerging to meet the increasing demand, ITPL is faced with stiff competition from other industrial parks; and Singapore has ...


Creating Competitive Advantage In The Global Marketplace: The Singapore Experiment In East Asia, Caroline Yeoh, Julian Ching Wei Wee, James Chan Aug 2013

Creating Competitive Advantage In The Global Marketplace: The Singapore Experiment In East Asia, Caroline Yeoh, Julian Ching Wei Wee, James Chan

Caroline Yeoh

No abstract provided.


Exporting Expertise: Singapore's Gambit In Vietnam Revisited, Caroline Yeoh, Ai Lin Leong, Xun Cai Aug 2013

Exporting Expertise: Singapore's Gambit In Vietnam Revisited, Caroline Yeoh, Ai Lin Leong, Xun Cai

Caroline Yeoh

Infrastructure can be unreliable and administration subject to corruption in Asia’s rapidly emerging economies. This context presented Singapore with unique opportunities to export its expertise to locations where these attributes are less certain, through the provision of superior infrastructure, the ability to negotiate investment concessions and, where existing, through the links to influential business groups in the investment location. This strategic initiative is further premised on the perception that Singapore’s positive reputation with multinationals, as well as ‘guanxi’, or connections, with Asian business networks, will give the industrial-township projects a marketing advantage. Their progress is a litmus test ...


State-Led Transborder Industrialization In Asia: A Note On Singapore's Manufacturing Enclaves In Vietnam And China, Caroline Yeoh, Wilfred Pow Ngee How Aug 2013

State-Led Transborder Industrialization In Asia: A Note On Singapore's Manufacturing Enclaves In Vietnam And China, Caroline Yeoh, Wilfred Pow Ngee How

Caroline Yeoh

State-led, market-driven interventions have been the hallmark of the Singapore `success storyÆ. This paper revisits SingaporeÆs state-enterprise strategy and takes a closer look at the portability of this strategy, in the framework of Regionalization21, a series of transborder industrialization experiments in Indonesia, Vietnam and China. These state-engineered projects, orchestrated to encapsulate economic space for Singapore-based firms to expand into the region, remain controversial. This strategic initiative is promulgated on the exportability of SingaporeÆs state credibility, systemic and operational efficiencies as well as technological competencies, to locations where these attributes are less distinct. We present evidence culled from surveys and interviews ...


Singapore's Regionalization Gambit: Insights Form The Suzhou-Wuxi Experiment, Caroline Yeoh, Jerel Chye Hock Lee, Clare Yenping Lee Aug 2013

Singapore's Regionalization Gambit: Insights Form The Suzhou-Wuxi Experiment, Caroline Yeoh, Jerel Chye Hock Lee, Clare Yenping Lee

Caroline Yeoh

No abstract provided.


Transborder Industrialization: A Comparative Study Of The Measured Success Of Singapore's Industrial Parks In Vietnam And India, Kevin Wongso, Caroline Yeoh, David, David, Aug 2013

Transborder Industrialization: A Comparative Study Of The Measured Success Of Singapore's Industrial Parks In Vietnam And India, Kevin Wongso, Caroline Yeoh, David, David,

Caroline Yeoh

No abstract provided.