19 Aug '11, 10pm

Creating environment for entrepreneurship - Straits Times

MR PATRICK Tan asks the Government about steps taken to give Singaporeans a leg up for top management jobs ("PM praised, questions raised"; Tuesday). We should really ask what steps are being taken to provide the environment for Singapore to churn out more entrepreneurs. It has been observed that because of our structured education and career systems, Singapore churns out graduates who are ready to climb the routine career ladder, and aspire to management positions eventually. On the other hand, in places such as Hong Kong and Taiwan, because their society and education system do not have that same structure, their graduates know they have to fend for themselves and hence, they have a spirit of entrepreneurship, and are ready to accept both challenges and failures. That is why these places have many brand-name multinational companies of their own. Singapore produces good m...

Full article: http://www.straitstimes.com/STForum/OnlineStory/STIStory_...

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