Knowledge Dissemination. With the major/widespread emphasis on ICT infrastructure and
education, Singapore has made good progress in enhancing its knowledge dissemination
capability. However, Singapore still has some way to go before it can reach world-class
standards. First, upgrading the country’s education profile is a long-term undertaking that can
only take place alongside demographic changes. Second, while ICT prices have dropped,
particularly after the April 2000 liberalisation of the telecom sector, prices still remain high by
international standards. This points to further opportunities for efficiency gains within the ICT
sector.
Knowledge Application. In terms of knowledge application, Singapore is still less developed
than the advanced KBEs. Entrepreneurship is the weakest link in Singapore’s knowledge
application capability and will require major efforts for improvement. Singapore also has to
continue improving its tertiary education.