Title

The State-Enterprise Experience in the GCC: Whither Singapore Inc.?

Publication Type

Journal Article

Version

Publisher’s Version

Publication Date

7-2013

Abstract

The city-state of Singapore's roadmap for internationalization of local companies into the GCC region has, arguably, made its mark; recently crossing the milestone of 100 local companies that have, to date, found business opportunities in this foreign and exotic land. Actually taking these opportunities, however, has proven more complicated, with cultural differences and highly dynamic local business environments posing unforeseen challenges to Singapore companies – producing a test of adaptability that has returned rather mixed results. Of particular interest are government-linked companies (GLCs), among the largest and the first of Singapore's entrants into the region; perceived as more structurally rigid, and with stakeholder obligations and motivations very much beyond the profit-driven. Thus, this paper – in which we explore the experiences of GLCs in the GCC, and draw some perhaps surprising conclusions.

Keywords

Internationalization, GCC, Singapore, Arab states, Gulf region, government-linked enterprises, private enterprises, case studies, competition

Discipline

International Business

Research Areas

Finance

Publication

Research Journal of Economics and Business Studies

Volume

2

Issue

9

First Page

62

Last Page

70

ISSN

2251-1555

Publisher

International Journal

Creative Commons License

Creative Commons Attribution 3.0 License
This work is licensed under a Creative Commons Attribution 3.0 License.