Entrepreneurship Education in Singapore: Is There A Growing Crisis

Woo, Wen Yeou (2006) Entrepreneurship Education in Singapore: Is There A Growing Crisis. [Dissertation (University of Nottingham only)] (Unpublished)

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In its transition from a developing country to a newly industrialised and commercialised economy, Singapore has benefited tremendously from international investments and trade. Investments from MNCs have provided the capital and technical know-how in contributing to the economic development of Singapore. For the past forty years, Singapore has been enjoying economic growth owing much of its success to a strong government intervention.

Singapore envisages a new wave of globalisation, one that is characterised by a more integrated world, high mobility of factors of production coupled with the rapid and inexpensive transmission, and innovation driven economic growth. The implication is that new skills and competencies are necessary to adapt to these changes. As human capital is Singapore���¢��������s sole resource, the education system focuses in training today���¢��������s students to be equipped with the know-how to succeed in the competitive global environment.

In a recent speech delivered by the Prime Minister of Singapore, opportunities are created through investments and jobs, encouraging entrepreneurship and ensuring many avenues to success. This means creating opportunities for Singaporeans, attracting investments, creating new jobs, encouraging entrepreneurship, and getting people to venture, take risk, and start new businesses.

With the challenges of globalisation in mind, the education system aims to promote entrepreneurship and risk taking, encouraging creativity and innovation, and encourage diverse talents. In order to help in the development of a strong and dynamic entrepreneurial base, it calls for a stock checking on the performance of local entrepreneurship. There is no better alternative than drawing out the innate abilities of Singapore���¢��������s very own resource, which is human talent through entrepreneurship education and training both at the academic and business level. The dissertation will serve as a catalyst in infusing entrepreneurial knowledge and skills. It will shed light to overcome the impediments in the encouragement of entrepreneurship in Singapore.

Item Type: Dissertation (University of Nottingham only)
Depositing User: EP, Services
Date Deposited: 31 Jul 2006
Last Modified: 12 May 2016 14:52
URI: http://eprints.nottingham.ac.uk/id/eprint/20170

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