The governance of Singapore’s knowledge clusters: off shore marine business and waterhub
AbstractBased on two case studies of knowledge clusters (off shore marine/rig business and water hub) in Singapore, the paper illustrates the importance of good knowledge governance in creating robust and value-creating knowledge clusters. We begin by defining key terms used such as knowledge clusters, hubs and governance, followed by a short historical account of good knowledge governance for Singapore’s development. The two cases studies of knowledge clusters presented here include (i) the offshore oil rig business (Keppel) which we posit as an example of innovative value creation based on sophisticated fabrication methods and R&D as well as (ii) the island republic’s dynamic and rapidly emerging, global hydrohub called ‘WaterHub’. We examine the structural characteristics of both clusters, assess their progress based on the cluster lifecycle literature, highlight key governance enablers required to create and sustain such competitive hubs and draw conclusions for K4D latecomers.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 33979.
Date of creation: 16 Sep 2011
Date of revision:
Knowledge governance; knowledge clusters; science policy; maritime industry; Singapore;
Find related papers by JEL classification:
- D8 - Microeconomics - - Information, Knowledge, and Uncertainty
- G3 - Financial Economics - - Corporate Finance and Governance
- A14 - General Economics and Teaching - - General Economics - - - Sociology of Economics
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-10-15 (All new papers)
- NEP-CSE-2011-10-15 (Economics of Strategic Management)
- NEP-HIS-2011-10-15 (Business, Economic & Financial History)
- NEP-KNM-2011-10-15 (Knowledge Management & Knowledge Economy)
- NEP-SEA-2011-10-15 (South East Asia)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Evers, Hans-Dieter, 2008. "Knowledge hubs and knowledge clusters: Designing a knowledge architecture for development," MPRA Paper 8778, University Library of Munich, Germany.
- Elisa Giuliani, 2007. "The selective nature of knowledge networks in clusters: evidence from the wine industry," Journal of Economic Geography, Oxford University Press, vol. 7(2), pages 139-168, March.
- Evers, Hans-Dieter & Gerke, Solvay & Menkhoff, Thomas, 2010. "Knowledge Clusters and Knowledge Hubs: Designing Epistemic Landscapes for Development," MPRA Paper 33956, University Library of Munich, Germany, revised 08 Oct 2011.
- Evers, Hans-Dieter, 2011. "Knowledge cluster formation as a science policy: lessons learned," MPRA Paper 33978, University Library of Munich, Germany.
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