ABSTRACT

This chapter argues that entrepreneurship plays a critical role in the management of crisis by Chinese business firms from Singapore, many of whom are engaged in transnational operations. It is concerned with three strategies of crisis management by Chinese business firms from Singapore. The chapter attempts to map out this complex reconfiguration of Chinese business firms and their networks in an era of financial volatility and economic crisis. It focuses on three specific strategies of globalisation by some leading Chinese business firms from Singapore: In both ex ante and ex post ways, these globalisation strategies have helped these Chinese business firms to weather the negative impact of the Asian economic crisis. In the case of Chinese business firms from Singapore, going global did not receive much attention from the Singapore government until very recently when the Asian economic crisis had shown that going regional is simply insufficient to ensure Singapore's future growth.