Abstract
Singapore’s road to a knowledge-based economy. The role of knowledge-intensive business services in the national system of innovation. In 1998, Singapore’s government announced its vision to transform the city state into a knowledge-based economy (KBE) through a gradual shift from value adding to value creation. As both users and producers of knowledge, knowledge-intensive business services (KIBS) are commonly seen as a cornerstone of the KBE. After assessing the development, size and structure of Singapore’s KIBS sector, we use data from innovation surveys of manufacturing and KIBS firms to assess the latter’s dual role as innovators and bridges for innovation. Our results allow us to point out policy recommendations and sketch possible avenues for further research.
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