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Promoting technological capability in the capital goods sector: the case of singapore
Authors:Martin Fransman
Institution:Department of Economics, University of Edinburgh, Edinburgh, UK
Abstract:This paper contributes to the new interest in technological change in semi-industrial countries by examining technological capability in the machine-producing sector in Singapore. The difficulties involved in conceptualizing and measuring technological capability in less developed countries are discussed and the case study material is then presented. Particular attention is paid to the role of government promotion in the development of technological capability. In this connection the present study provides a useful contrast with the position in Hong Kong studied in an earlier paper. While both Singapore and Hong Kong have instituted a near-free-trade regime, there is a far greater degree of government intervention in the former than in the latter case. By contrast the governments of both South Korea and Taiwan have granted selective protection in order to encourage some kinds of domestic machine production. The paper ends with some critical comments regarding the Singapore government's policy towards the machine-producing sector.
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