In transitu : managing change from a knowledge-based economy to a creative economy

This paper presents Singapore as a country that has successfully transformed itself into a knowledge economy in a very short time and how it is managing change to become a creative and renaissance city of the 21st century. It is a paradigm shift for Singapore – from an image of conservative ideology and strict censorship to one that embodies a dynamic creative hub. The convergence of technology, knowledge and creativity raises issue of translating innovative competencies from an ICT and knowledge based economy to the creative economy. As a knowledge-based economy, it seemingly lacks a stimulating climate conducive to imagination, innovation and adventure that will attract and retain globally mobile talents needed for the creative industries. There is seemingly something missing in the transition.