Publication Type

Journal Article

Publication Date

11-2012

Abstract

Today, Chinese businesses play an important role in Singapore’s economy. They make up 99.3 per cent of all small and medium enterprises (SMEs) and employ 51 per cent of workers in the country, contributing 40 per cent of value add to the economy. However, the world economy has become more competitive and Chinese businesses in Singapore have been forced to look at modernizing and changing the way they do business.

Keywords

Chinese businesses, modernizing, change, chinese entrepreneurs, guanxi, SMEs

Disciplines

Business | Business Administration, Management, and Operations | Organizational Behavior and Theory

Copyright Owner and Holder

Copyright © Singapore Management University 2013

Licece/Creative Commons Licence

Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License
This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License.

Subject(s)

Family-owned business enterprises, Small business -- Singapore, Entrepreneurship -- Singapore, Corporate culture -- Singapore, Chinese -- Singapore -- Economic conditions

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