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|Title:||A STUDY ON THE ENVIRONMENTAL TECHNOLOGY INDUSTRY IN SINGAPORE||Authors:||CHIA YOONG LEONG, JOSEPH||Issue Date:||1994||Citation:||CHIA YOONG LEONG, JOSEPH (1994). A STUDY ON THE ENVIRONMENTAL TECHNOLOGY INDUSTRY IN SINGAPORE. ScholarBank@NUS Repository.||Abstract:||The 1992 United Nations Earth Summit in Rio de Janeiro, Brazil can be seen as a major indication of the commitment the international community has placed upon achieving sustainable development - meaning to balance environmental protection and economic development. Among other ways to achieve this goal is through the employment of environment technology, a means to rectify environmental damages and the prevention of more damages by use of technology. The environmental technology industry in Singapore is in its emergence stage. This has been brought about by the rapid changes in the business environment. This includes the Singapore government's plans to establish the country as a regional centre for environmental management and technology, the increase in research and development efforts in the country, the tremendous potential for exporting environmental products and services into the region, and the proactive approach taken by an increasing number of businesses. An elaboration of these factors is included in this exercise. The environmental technology industry structure is analysed by using Van de Ven and Garhud's (1989) framework for understanding an emerging industry. This industry has been in existence in Singapore since the 1960s, but the rapid changes recently in the business environment have brought about a redefined industry that faces similar problems and strategic decisions as that of an emerging industry. Even though this exercise finds that the industry exhibits several characteristics congruent to that of an emerging industry, there are peculiarities, which are different. Emerging characteristics include confusion among clients as to the suitable products and services they should use, technology uncertainties and that work roles in these firms are usually indivisible and not clearly defined. Peculiarities of this industry, which differ from typical characteristics of an emerging industry, include the use of subcontracting and the influence of similar industry in developed countries on the types of regulations in Singapore. These findings are discussed in more details in this exercise. On a whole, this exercise seeks to present an overview to the industry structure and the factors influencing this growing and potentially lucrative industry.||URI:||https://scholarbank.nus.edu.sg/handle/10635/170385|
|Appears in Collections:||Bachelor's Theses|
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