06 Sep '13, 1am

Want a top-notch startup sector? Reform the Singapore Armed Forces

Want a top-notch startup sector? Reform the Singapore Armed Forces

Want a top-notch startup sector? Reform the Singapore Armed Forces September 6, 2013 by Guest Contributor By Yap Shiwen. A version of this article was published on The Online Citizen . Republished with author’s permission. Image: Naval Surface Warriors While funding, talent, and business environment contribute to startup success, there are many intangibles that have a role to play as well. One factor is culture capital, which are non-financial social assets that promote social mobility and entrepreneurship. Examples of this can include education, intellect, style of speech, dress, cultural literacy or physical appearance. To compare the significance of cultural capital, let’s look at Singapore and Israel. Both are similar in that they share a conscription-based military and exist amidst majority-Muslim states that have been at odds with them at one point or another through...

Full article: http://sgentrepreneurs.com/2013/09/06/singapore-israel-an...

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