Technology exports from a small, very open NIC: The case of Singapore

Abstract

This paper examines the nature, composition and determinants of Singapore's "early stage" technology exports. The pattern of these exports reflects the quite unique mix of policy and institutional features in Singapore's environment - remarkably high growth, very open economy, rapid structural change, particularly intense economic relations with neighboring Southeast Asian nations, and a pervasive and paternalistic state role. The bases of Singapore's comparative advantage in these service exports are identified, and some general implications from its experience are analyzed. © 1991.