Publication Type
Journal Article
Version
submittedVersion
Publication Date
10-2012
Abstract
Internationalization efforts into the GCC as a national initiative tend to be spearheaded by a vanguard of government-linked companies (GLCs), usually assisted in their entry through various connections, political or otherwise. As large companies with the presumed reliability of government backing, these GLCs tend to be involved in larger-scale, more critical, and more iconic projects. It is a matter of fact, however, that while internationalization may be led by large-scale and attention-grabbing GLCs, the vast majority of FDI and economic activity is, in the long term, entrenched in the activities of private companies. As such, it must logically follow that the study of these companies and their experiences in the Middle East must be of paramount relevance to assessing the state of internationalization into the region. In this paper, therefore, we focus the ambit of our continuing research into the internationalization efforts of Singapore into the Middle East onto several case studies of Singapore private firms in the GCC, and seek to derive observations pertinent both to the idiosyncrasies of Singapore business in the context of the Middle East, and conclusions pertinent to private firms across the globe with an interest in the region's rich yet cryptic business environments.
Keywords
Asia, Middle East, GCC, Singapore, internationalization, private sector
Discipline
International Business
Research Areas
Strategy and Organisation
Publication
International Journal of Academic Research in Business and Social Sciences
Volume
2
Issue
10
First Page
542
Last Page
553
ISSN
22226990
Citation
YEOH, Caroline; HOW, Wilfred Pow Ngee; and NEO, Simin Sharmaine.
Asia in the Middle East: The Internationalization of Singapore Private Firms into the GCC. (2012). International Journal of Academic Research in Business and Social Sciences. 2, (10), 542-553.
Available at: https://ink.library.smu.edu.sg/lkcsb_research/3244
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
Additional URL
https://www.doaj.org/doaj?func=abstract&id=1178524