Forbes article: Singapore's success lies in its history

[steffychun]

http://www.forbes.com/sites/forbesa...nlikely-economic-success-lies-in-its-history/

Nearly a quarter of Singaporeans between 35 and 44 say they have plans to start their own business, and one in six already has. As these young people achieve success, and a generation of Singaporean Mark Zuckerbergs and Larry Pages inspire the public imagination, Singapore’s burgeoning culture of entrepreneurship––augmented by geographical advantage, and decades of careful government planning in the making––will only continue to surpass expectations.

What do you think?

 

[scroobal]

Really poor article from an Ang Mo who thinks he worked it out after 4 years here. Singapore has poured millions in R&D since the early 90s. First it was the superconductor, then pharmaceuticals, then bioscience, then the centre for cartoons, then a flurry of patents filed and yet nothing to show for it.

The modern young entrepreneurs are those that are starting food outlets and food blogs.

I am not sure if these will actually translate into the manufacturing successes that we had in the 80s.

 

[sochi2014]

Not possible entrepreneurs profits will be siphoned away by GICs.

 

[Dragonhead]

Really poor article from an Ang Mo who thinks he worked it out after 4 years here. Singapore has poured millions in R&D since the early 90s. First it was the superconductor, then pharmaceuticals, then bioscience, then the centre for cartoons, then a flurry of patents filed and yet nothing to show for it.

The modern young entrepreneurs are those that are starting food outlets and food blogs.

I am not sure if these will actually translate into the manufacturing successes that we had in the 80s.

This foreigner came to the wrong conclusion. These are not entrepreneurs, they are just the retailers, running the wine and grill kind of retailing business or the online sale of garments, shoes, etc. The real entrepreneurs are those guys branching out into the world markets, promoting products or services from Sinkapoo, earning hard currencies to keep healthy trade balance for the country