What is it about?
It argues that upgrading is not a natural process, even in an economy with strong institutions
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Why is it important?
It shows us a a rarely studied section of the Singaporean economy. It also proves that while upgrading is an effort driven by the firm and its cohort of stakeholders, the effort is unlikely to succeed if the broader institutional and regulatory environment that the firms are embedded in is not conducive.
Perspectives
It shows us the 'dark' and 'unromantic' side of the upgrading discourse, arguing that success does not come automatically. Much depends on the surrounding ecosystem.
Dr Guanie Lim
National University of Singapore
Read the Original
This page is a summary of: Value chain upgrading: Evidence from the Singaporean aquaculture industry, Marine Policy, January 2016, Elsevier,
DOI: 10.1016/j.marpol.2015.03.016.
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