Learning and Productivity Performance in Singapore Manufacturing Industries

LEARNING AND PRODUCTIVITY PERFORMANCE IN SINGAPORE MANUFACTURING INDUSTRIES

In the need to respond to global competition and remain competitive, companies have made concerted efforts to capitalize on the intellectual properties and core competence available within the enterprises. In particular, it is reckoned that an enterprise with a workforce that exhibits greater willingness to learn and develop skills through cumulative production experience is able to achieve lower unit cost of production and substantive improvement in productivity. This short paper develops a simple model to investigate the phenomenon of learning and productive performance of workers in Singapore’s manufacturing industries, which have continuously restructured to meet international challenges.

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