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Management article
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Reference no. 92311
Published by: Harvard Business Publishing
Published in: "Harvard Business Review", 1992

Abstract

Singapore is well on the way to becoming the first fully networked society, in which all homes, schools, businesses, and government agencies will be interconnected to an electronic grid. Through development of a superior infrastructure and world-class transportation and materials- handling facilities, Singapore has created an extremely attractive environment for multinational business on all levels. The ability of any country with few natural advantages to bring itself to the forefront of technological and economic competitiveness holds important lessons for other countries and organizations. However, Singapore''s astounding achievement is due in large part to governmental control.

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Abstract

Singapore is well on the way to becoming the first fully networked society, in which all homes, schools, businesses, and government agencies will be interconnected to an electronic grid. Through development of a superior infrastructure and world-class transportation and materials- handling facilities, Singapore has created an extremely attractive environment for multinational business on all levels. The ability of any country with few natural advantages to bring itself to the forefront of technological and economic competitiveness holds important lessons for other countries and organizations. However, Singapore''s astounding achievement is due in large part to governmental control.

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