ABSTRACT

Chapter 1 opens with a brief economic description of the Singaporean context from the mid-2000s to the beginning of the study in 2013. There follows a statement of the objective and aims of the study as follows:

Objective:

To characterise industry performance in areas of innovation and productivity through the establishment of top 5 to 8 indicators in operational performance and building a good benchmarking database of 200 local SME manufacturing and engineering companies.

The online benchmarking analytics portal serves as a platform for individual companies to input their company data based on the productivity indicators and observe their competitiveness in terms of innovation and productivity.

Aims: