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Singapore Management University

Knowledge@SMU

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Knowledge As A Driver Of Growth And Development In Asia, Knowledge@Smu Apr 2012

Knowledge As A Driver Of Growth And Development In Asia, Knowledge@Smu

Knowledge@SMU

Many Asian economies are in the process of transitioning from an industrial-led growth model to a more knowledge-based one. While some have seen greater success than others, several challenges have arisen in recent years, in particular, with rapid advancements in information-communications technology. These changes are discussed in 'Beyond the Knowledge Trap: Developing Asia's Knowledge-based Economies', a book that presents a range of studies to show how Asian countries are adapting and addressing some of the new issues brought about by changes within a more complex and globalised environment.


The Central Role Of Information Systems In Managing Crises, Knowledge@Smu Feb 2012

The Central Role Of Information Systems In Managing Crises, Knowledge@Smu

Knowledge@SMU

Important decisions should be taken with the best information available. Such an axiom may not apply, however, in large-scale emergency situations where officials would find themselves in a bind, unable to access accurate data yet faced with huge responsibilities to be effective at work. These complexities led a team of researchers, including SMU's associate professor of accounting, Gary Pan, to examine how information systems may facilitate management and coordination work at times of crises.


Risky Ventures With Possibly No Returns: The Allure Of The "Wonderful But Weird World Of Biotechnology", Knowledge@Smu May 2011

Risky Ventures With Possibly No Returns: The Allure Of The "Wonderful But Weird World Of Biotechnology", Knowledge@Smu

Knowledge@SMU

Entrepreneurs in the biotech industry require large risk thresholds. For one, the business of research is an expensive one, the results of which may not necessarily translate to commercial viability. Investors with the foresight and patience for such long-term, high-risk ventures are also hard to come by. At a talk organised by SMU's Lee Kong Chian School of Business, Dr. Steven Fang, founder of CordLife, shared insights on what 'biotechopreneurship' entails.


The Indian Dream: How Former Subjects Of The Licence Raj Overcome Odds On The Path To Successful Entrepreneurship, Knowledge@Smu Mar 2011

The Indian Dream: How Former Subjects Of The Licence Raj Overcome Odds On The Path To Successful Entrepreneurship, Knowledge@Smu

Knowledge@SMU

Not many Asian parents will pull their child from school to help out in the family business. AVS Raju, owner of Indian construction company, Nagarjuna, did just that. Speaking at a recent Wee Kim Wee Centre talk at SMU, author Peter Church shared Raju's story, along with that of several other successful Indian entrepreneurs who are making their fortunes in areas such as textile, hotels, and airlines – amid a backdrop of poverty, hardship and red tape.


From Information Technology To Ice-Cream: One Man's Entrepreneurial Quest For Happiness, Knowledge@Smu Dec 2010

From Information Technology To Ice-Cream: One Man's Entrepreneurial Quest For Happiness, Knowledge@Smu

Knowledge@SMU

Medal-winning fencer Wong Toon King is not some swash-buckling corporate hot shot, slashing and hacking at business rivals. Rather, the former government scholar turned serial entrepreneur believes that the important ingredients to building businesses include not just good ideas, but also a knack of identifying trends and a good sense of timing. Most importantly, entrepreneurs need to be happy at what they are doing – even if it means scooping and serving Ben & Jerry's ice-cream every day, said the founder of The Happy People Co., local franchisee of the popular brand of ice-cream.


Keys To Better Capitalism And Human Welfare: Entrepreneurship, Knowledge@Smu Nov 2010

Keys To Better Capitalism And Human Welfare: Entrepreneurship, Knowledge@Smu

Knowledge@SMU

The word “entrepreneurship”, despite its universal prevalence today, was a relatively new term that entered common lexicon only a few decades ago. Yet, there is no denying the role that entrepreneurs play in creating wealth, not merely for themselves, but also opportunities and welfare for large swathes of the populace, benefitting the overall economy. At a recent talk, Carl J. Schramm, president and CEO of the Kaufmann Foundation, reinforces the case for entrepreneurship and debunks some common views on who “entrepreneurs” are.


Developing An Advanced High-Tech Entrepreneurial Habitat, Knowledge@Smu Oct 2010

Developing An Advanced High-Tech Entrepreneurial Habitat, Knowledge@Smu

Knowledge@SMU

Technology, in and of itself, cannot transform ideas to profits. According to William Miller, a professor, entrepreneur and venture capitalist, having the technology that the market wants is only part of the game. To be successful, technology requires other necessary conditions to be in place – an ecosystem of talent, money, trade, education, art, even lawyers – to grow and flourish. The challenge, however, is in getting the hardware-software combination right.


From Imitators To Inventors: China’S Changing Innovation Landscape, Knowledge@Smu Sep 2010

From Imitators To Inventors: China’S Changing Innovation Landscape, Knowledge@Smu

Knowledge@SMU

Long derided as an economic entity happier to copy than to invent, the number of patents filed and assigned in China has been growing at 13% annually in the two decades to 2006, with a total of 1.1 million patents awarded. Private enterprises, after a slow start, are now leading the charge in securing an ever bigger number of patents, especially after 2001. Individuals, meanwhile, are the second most prolific group. What causes this surge in patent applications? What are some of the issues involved? SMU management professor Kenneth Huang details findings from a recent study.


Right Up Our Valley: Why Singapore Ought To Quit Copying Silicon Valley, Knowledge@Smu Jul 2010

Right Up Our Valley: Why Singapore Ought To Quit Copying Silicon Valley, Knowledge@Smu

Knowledge@SMU

For a small piece of land with no natural resources to offer, Singapore's economy relies a lot on its strategic geographical location, human talents, as well as a penchant for wanting to be the global, and if not, regional 'hub' for commerce, arts and sciences. Where technology is concerned, the one to beat is Silicon Valley. A tall order, perhaps, but the draw is unmistakably alluring. On its own, the Valley boasts a GDP of US$100 billion, generating more wealth per person than anywhere else in the USA. Not content with just salivating over that piece of the pie, Singapore …


Entrepreneurs Share Their Formula For Success: Failure, Knowledge@Smu May 2010

Entrepreneurs Share Their Formula For Success: Failure, Knowledge@Smu

Knowledge@SMU

Entrepreneurship is so often associated with risk-taking that in safety-seeking Singapore, it would be quite natural to assume a rather weak spirit of enterprise. Such an assumption, of course, would only be partly true. After all, successful entrepreneurs need to possess more than just an appetite for risk; they need to be skilled at harvesting talent, tapping on their networks and navigating around business environments. Can such successes be taught? Panellists at a recent forum seem to think so – but only to a limited extent. They draw distinctions between formulaic prescriptions and advice, saying that while there are no …


Doing More With Mobile Networks: More Users, More Uses?, Knowledge@Smu Feb 2010

Doing More With Mobile Networks: More Users, More Uses?, Knowledge@Smu

Knowledge@SMU

With so many mobile devices entering the market, from hand phones to laptops and now, iPads and Kindles, it is no wonder that more and more people are jumping on board the mobile bandwagon. However, are today's mobile networks designed to serve and connect a fast expanding number of users? It makes sense that when too many users enter a network, that network will become congested and connectivity will be compromised – or will it? According to SMU information systems assistant professor Kyriakos Mouratidis, "spatial optimisation" of existing connection points within a network may break new grounds in enhancing the …


The Importance Of Being Earnest… In Cyberspace, Knowledge@Smu Aug 2009

The Importance Of Being Earnest… In Cyberspace, Knowledge@Smu

Knowledge@SMU

Community websites are increasingly viewed as treasure troves of opinions, from restaurant service to hotel accommodations, from mobile phone reviews to reliability ratings of an online auctioneer. An underlying factor behind the success of such websites is the implicit trust between users – to offer unbiased, accurate views. Consequently, a trustworthy online community puts users at ease to make decisions and perform transactions confidently. So web administrators would do well to maintain a trusting online community, if only to keep the cash tills a-ringing. But is it possible to measure or monitor something as unquantifiable as inter-user trust?


Think Outside Your Box: Enhancing Creativity Through Multicultural Interactions, Knowledge@Smu Jul 2009

Think Outside Your Box: Enhancing Creativity Through Multicultural Interactions, Knowledge@Smu

Knowledge@SMU

Creative ideas are often the result of two or more seemingly non-overlapping concepts. The more we expose ourselves to diverse experiences, the more likely we might be to sample from a richer pool of ideas, thereby facilitating our creativity, and by extension for some, organisational innovation. This is because experience lowers our resistance and increases our readiness to sample foreign concepts. Angela Leung, an assistant professor of psychology at Singapore Management University, notes that while ideas from differing cultural experiences can be recruited as intellectual resources, several factors inhibit our ability to draw on these experiences, thus impeding our creative …


Cultural Analytics: A New Field That Combines Arts, Media And It, Knowledge@Smu Apr 2009

Cultural Analytics: A New Field That Combines Arts, Media And It, Knowledge@Smu

Knowledge@SMU

The volume of digital data is exploding, driven largely by visuals, text, video and other cultural content. Just about everyone can be a “culture professional”. Thus, there is a need to find ways to track and make sense of the growing cultural data volume. Cultural analytics, as this new field is called, is a combination and extension of arts, media and IT. The study of this field will have applications far and wide-ranging, says Lev Manovich, a professor of visual arts at University of California.


Globality Is What Happens After Globalisation, Knowledge@Smu Feb 2009

Globality Is What Happens After Globalisation, Knowledge@Smu

Knowledge@SMU

Globality is what happens after globalisation, say authors Hal Sirkin, Jim Hemerling and Arindam Bhattacharya of Boston Consulting Group in their book, Globality -- Competing with Everyone from Everywhere for Everything, published last year. Incumbents, companies from developed economies, must face the challengers from emerging economies who are quickly shifting the balance.


Operation And Technology Roadmapping Gives Singapore Smes A Strategic Edge, Knowledge@Smu May 2008

Operation And Technology Roadmapping Gives Singapore Smes A Strategic Edge, Knowledge@Smu

Knowledge@SMU

In today’s increasingly globalised, knowledge-based marketplace, a company’s ability to exploit innovation and technology is fundamental to sustaining growth and staying ahead of the competition. To help local small and medium-sized enterprises (SMEs) move up the value-chain, Singapore’s Agency for Science, Technology and Research (A*STAR) runs the Operation and Technology Roadmapping (OTR) initiative. Michael Ferrill, who cofounded the programme, spoke on OTR and knowledge transfer at the Fourth International Research Conference on Asian Business held in March 2008 at the Singapore Management University.


Motorola Cio Patricia Morrison In Dialogue: How Technology Drives Value Creation For Business, Knowledge@Smu Mar 2008

Motorola Cio Patricia Morrison In Dialogue: How Technology Drives Value Creation For Business, Knowledge@Smu

Knowledge@SMU

Global communications technology giant Motorola has 65,000 employees in 140 countries. Patricia Morrison, the company’s executive vice president (EVP) and chief information officer (CIO) shared insights about her role as CIO and how technology drives value creation for business at a recent Business IT Talk organised by the School of Information Systems, Singapore Management University. Morrison, who joined the company in 2005 with over 20 years of experience in managing IT and systems, was selected 2007 CIO of the Year by the Executives Club of Chicago and the Association of Information Technology Professionals.


How Asian Companies Have Successfully Leveraged It To Go Global, Knowledge@Smu Aug 2007

How Asian Companies Have Successfully Leveraged It To Go Global, Knowledge@Smu

Knowledge@SMU

Asian companies are successfully leveraging IT to make a mark in the region and beyond. Jae Kyu Lee, Benjamin Gan Kok Siew and Vijay Sethi recently co-edited a book, Premier e-Business Cases from Asia: Problem-Solution-Challenge-Impact Approach, which provides an overview of innovative IT strategies and models adopted by 18 Asian companies in Korea and Singapore.


Games People Play: Can Singapore Power-Up Fast Enough To Claim A Share Of The Bounty?, Knowledge@Smu Jul 2007

Games People Play: Can Singapore Power-Up Fast Enough To Claim A Share Of The Bounty?, Knowledge@Smu

Knowledge@SMU

According to PricewaterhouseCooper’s latest "Global Entertainment and Media Outlook" , the Asia Pacific region is projected to top overall global spending on video games over the next five years. In Singapore, the government invested half a billion Singapore dollars (US$325 million) in 2006 in the interactive digital media (IDM) services sector. Singapore Management University professor of management Ted Tschang has been paying especial attention to the gaming and related industries, sub-sectors of IDM. In an interview with Knowledge@SMU, Tschang discusses the role of global culture as a critical success factor, and Singapore’s efforts to get into the game.