http://libproxy1.nus.edu.sg/login?url=http://dx.doi.org/10.1080/14616718.2016.1215964

Purpose: The study aims to explore how the perception of coronavirus disease 2019 (COVID-19) affects argument quality of advertisement, attitude and purchase intentions of the indoor fitness products based on the elaboration likelihood model (ELM). Moreover, the moderating effect of exercise involvement was examined. Design/methodology/approach: A total of 283 consumers in Singapore were recruited during the partial lockdown period. Data analysis was employed using the partial least squares structural equation modeling (PLS-SEM). Findings: The results of data analysis showed that perception of COVID-19 affected argument quality of advertisement, attitude and purchase intention of indoor fitness products. Meanwhile, argument quality resulted in a favorable attitude toward indoor fitness products, which, ultimately, led to the purchase intention. In addition, exercise involvement positively moderated the influence of argument quality on attitude. Originality/value: The findings provide implications for businesses and researchers to understand sport consumer behavior during the COVID-19 pandemic. © 2021, Emerald Publishing Limited.

This paper shows the presence of positive momentum return in the short run but no subsequent price reversal in the Singapore Market. Rather, price momentum continues in the long run. It also demonstrates that momentum profit is higher for the small and highly volatile firms rather than the large stable firms. Both portfolio level and firm-level cross-sectional analyses are used to show the relationships. © 2020 City University of Hong Kong and National Taiwan University.

Singapore has completed its catch-up growth phase and needs to find a new growth engine. Entrepreneurship can contribute to a nation’s productivity growth. The purpose of this chapter is twofold. First, a theoretical framework is presented, along with empirical evidence, to understand government interventions aimed at boosting entrepreneurship. Second, using the framework, the chapter discusses whether Singapore’s current policies are suitable for helping entrepreneurship. The theory demonstrates four reasons why government intervention is needed: (1) resource misallocation, (2) positive externality, (3) entrepreneurial human capital, and (4) tax and default policies. Singapore’s government has implemented various policies that potentially fix market failures and hence boost entrepreneurship. Going forward, focusing on internalising positive externality and improving entrepreneurial human capital could generate the highest pay-off for Singapore’s economy. Relatedly, attracting high-potential start-up firms, regardless of their nationality, would be beneficial given that such firms can generate synergy with local firms and create more local employment. Finally, allowing more debt forgiveness for failed entrepreneurs could be considered.

This book looks at what drives effective management of public-private partnerships (PPP). It examines widely cited Singaporean cases pertaining to successful PPPs as well as those in failure (and subsequently contracted back in the public sector provision) in diverse areas of public service, such as water services, educational services, trade and logistical data services, residential services, acquisition and maintenance of military systems, research and development services, infrastructure, and sport services. The book begins each case with an overview (e.g., project goals (motivators), types of PPP, stakeholders, time period, assigned budget, and capital planning) and then specifically discusses critical success factors and/or risk factors, pertaining to the decisions to proceed with on-going PPPs or to return to self-operation (in-house public production) of services later, respectively. The book concludes with a discussion of lessons learned from Singaporean cases and contexts of PPPs and suggests more feasible strategies and conditions towards successful collaborative governance between public agencies and private counterparts for the new century. This book will appeal especially to public policy makers.

As new digital technologies emerge that make the provision of financial services more efficient, they hold the potential to address barriers that small and medium-sized enterprises (SMEs) face in accessing credit. This chapter finds empirical evidence that crowdfunding for Singapore’s SMEs improved their timeliness in repaying debts. Anecdotal evidence from growing SMEs suggests that getting crowdfunding loans also induced financing from banks, leading to the more efficient allocation of credit. In just four years, Singapore’s crowdfunding volume has grown rapidly, making it one of the top crowdfunding hubs in Southeast Asia in 2018. The rapid development of Singapore’s crowdfunding industry can be attributed to its higher gross domestic product (GDP) per capita, higher level of financial sector development, and greater availability of venture capital. The chapter concludes with a discussion on the implications of crowdfunding on banks’ business models and an analysis of policy makers’ regulatory approach to crowdfunding.