ABSTRACT
As one of the four Asian dragons, Singapore has achieved remarkable economic growth and technological development over the last three decades. As in other Asian NIEs, a major contributing factor to Singapore's past economic success has been its strategic emphasis on, and effective policies for, the development of human resources and supporting infrastructures. Unlike Taiwan and especially Korea, however, Singapore's rapid technological development has, until recent years, been achieved largely through its ability to attract investments from multinational corporations (MNCs), which bring in increasingly sophisticated technologies and know-how, rather than through indigenous technological development efforts.
