Competition law, regulation and trade: implications for productivity and innovation in Singaporean manufacturing SMEs

Azad Singh Bali, Peter McKiernan, Christopher Vas, Peter Waring

    Research output: Chapter in Book/Report/Conference proceedingChapter

    Abstract

    This chapter explores the nexus between competition and productivity in the context of small and medium-sized enterprises (SMEs) in Singapore’s manufacturing sector. Drawing on a study involving 215 in-depth surveys with SME leaders and managers, we explore questions of competition, regulation, and trade, and their implications for productivity and innovation. We find that there is considerable concern among SMEs that the market power of some large competitors is stifling efforts to enhance productivity and innovation. This suggests an important role for competition law and the competition regulator, the Competition Commission of Singapore (CCS), in boosting productivity and innovation. We also find that while SMEs support efforts to broker free trade agreements, they see a strong role for government in helping to identify the opportunities so generated and in building the capabilities needed to take advantage of these.
    Original languageEnglish
    Title of host publicationCompetition Law, Regulation And SMEs in the Asia-Pacific
    Subtitle of host publicationUnderstanding The Small Business Perspective
    EditorsMichael T. Schaper, Cassey Lee
    Place of PublicationSingapore
    Pages211-229
    Number of pages19
    Publication statusPublished - 1 Nov 2015

    Keywords

    • competition
    • Pacific area
    • small business

    Fingerprint Dive into the research topics of 'Competition law, regulation and trade: implications for productivity and innovation in Singaporean manufacturing SMEs'. Together they form a unique fingerprint.

    Cite this