Arming entrepreneurs: Effect of Singapore’s National Service on the entrepreneurial ability of young Singaporeans

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dc.contributor.authorJackson, Graeme
dc.date.accessioned2024-07-23T22:56:02Z
dc.date.available2024-07-23T22:56:02Z
dc.date.issued2019
dc.description.abstractSince 1967, Singapore has enforced conscription, a two-year compulsory military service that all Singaporean males must participate in. This long-standing practice, referred to as National Service (NS), has deep roots in the creation of Singapore’s unique identity. National Service has near unanimous support from Singaporeans, who believe NS is crucial to Singapore’s survival. The need for NS is connected to Singapore’s desirable geographical placement on the junction of major shipping routes which drives economic success. In this aggressive, innovation driven economy, Singapore has continued to provide entrepreneurs with an abundance of opportunities. This report explores the effect of Singapore’s National Service on the entrepreneurial activity of young Singaporeans. One would expect that as a result of the two years spent in NS, young Singaporean males are hindered in their ability to transition into such career, losing a time dependent advantage. Despite this challenge posed by the NS, Singapore maintains a strong climate for the development of entrepreneurs. Although it seems unlikely, research indicates NS does not compromise the entrepreneurial ability of Singaporean youth, but in actuality, it enables their ability. The participation in NS provides Singaporeans’ training which develops important values and life experience. Additionally, participation provides many support systems to financially aid members of NS. The educational experience of NS maintains integral in Singapore’s society, and its prominence continues to provide young Singaporeans skills transferable to the entrepreneurial practice.
dc.description.reviewstatusReviewed
dc.description.scholarlevelUndergraduate
dc.identifier.citationJackson, G. (2019). Arming entrepreneurs: Effect of Singapore’s National Service on the entrepreneurial ability of young Singaporeans. Bachelor of Commerce Best Business Research Papers, 12, 34–45.
dc.identifier.urihttps://hdl.handle.net/1828/16851
dc.language.isoen
dc.publisherBachelor of Commerce Best Business Research Papers
dc.titleArming entrepreneurs: Effect of Singapore’s National Service on the entrepreneurial ability of young Singaporeans
dc.typeArticle

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Bachelor of Commerce Best Business Research Papers, Vol. 12 (June 2019)
 
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