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About 10 years ago the Singapore Government realized that entrepreneurial spirit was lacking in its general population. These conclusions were confirmed by an empirical survey, the Global Entrepreneurship Monitor (GEM), an annual assessment of the national level of entrepreneurial activity. The paternalistic and authoritative approach of the government contributed to the general population’s averseness to participating in riskoriented ventures.

Removing impediments to entrepreneurship is a key challenge for the government and the business sector if the island republic is to maintain its national competitiveness. This article explores the various initiatives taken by the government to stimulate risk-taking and attempts to ascertain if the various measures can be used as key factors to strengthen the inherent cultural values that stimulate the entrepreneurial spirit.The observations can serve as a useful tool for academics and managers in recognizing the cultural traits that influence and help foster entrepreneurial tendencies.

For any bilateral or multilateral trade agreement to be effective, it is imperative that transparency and good governance form the mainstay for achieving parity and trust amongst the partners. This article highlights pressing issues facing the partners of the North American Free Trade Agreement (NAFTA), analyzes some of the current areas of conflict and suggests action to reduce tensions and promote harmony, goodwill and cooperation. The legal framework for transparency and governance needs to be seen as fair in addition to providing a mechanism for the airing of grievances and resolving conflicts. The requirements include: disclosure of relevant information, reasons for appropriate policy enactment and application and provision of investor protection safeguards. Of special import is the dire need to deal with issues of corruption at all levels. It is recommended that a conference be held to discuss issues of transparency and accountability as an initial endeavour in understanding the dynamics involved.

This paper aims to provide a framework for understanding the differences in the cultures of China and India and to highlight the adjustments that will need to be made for Indian businesses to succeed in China.

The use of historical background of cultures in India and China to define values, traditions and attitudes. Drawing conclusions based on this research in outlining areas where adjustments may help achieve success in business.

Provides a list of adjustments that Indian businesses need to make to succeed in China.

The list is by no means exhaustive but serves as a starting point for empirical research on effectiveness of proposed adjustments.

An extremely useful and practical source for Indian and global business executives planning to do business in China. An opportunity for academics to conduct follow‐up research.

This paper serves as a guide and offers practical measures in terms of behaviour for Indian and international companies doing or planning to do business in China.

Reveals that companies are testing new ways to entice professionals into their field due to the lack of global talent available. States that this is increasing in importance since having the right people can yield greater financial returns. States that the USA used to be a haven for talented individuals but now other countries are joining the battle to entice individuals, examining the case of Singapore and the problems encountered. Concludes that for the most part Singapore has been successful.