How to start and Grow Your Business For PROFIT: Start a

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This usually means spending money where there high certainty for capital return and in a part of the business that is well understood. For technopreneurship, a typical start-up or growing Singapore SME specialising in niched global market segments would face significant challenges to deal with a very small cluster size within Singapore that impose significant constraints, such as limited talent pool (time required to train specialists and job hops), access to funding (lack of fund managers knowledgeable in certain narrow domain of specialisation), limited government research institution specialised expertise supports, that impact the competitiveness of these SMEs new product development speed and incurred additional costs in IP filling and overseas marketing as compared to their counterparts operating within a large domestic economy in the US, EU, Japan and China.

Pages: 58

Publisher: E. O. Godwin (January 26, 2016)


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