The Case of Singapore as a Knowledge-Based City
Singapore makes for an interesting case study for a knowledge-based city because of its paradigm shift from a city-state with an image of conservative ideology and strict censorship toward a free-spirited dynamic creative hub in the making. It also displays many characteristics typical of a KBE, such that people, their ideas, and capabilities are the key sources of wealth and opportunities (Chia, 2000). The many international accolades achieved in the first five years of the millennium account for the
dynamic business environment that has spawned a well-established IT and telecommunications infrastructure serviced by over 6000 multinational companies (MNCs) and over 100,000 local enterprises comprising small and medium-sized enterprises (SMEs) and large local corporations (EDB Singapore, 2003).