Emulating the celtic tiger? A comparison of the software industries of Singapore and Ireland

This article explores parallels between the economic development strategies of Ireland and Singapore through a study of the software sector. My central argument is that Singapore's embryonic software industry can learn important lessons from Ireland, which now exports over US$6 billion worth of products annually. Ireland's success has been achieved by attracting two forms of export-oriented foreign direct investment that are increasingly important due to globalisation trends in the software industry: software development centres, and software product manufacturing and localisation (translation and local adaptation) plants. Ireland has benefited from its position on the periphery of Western Europe, one of the largest software markets in the world, to emerge as a key production location for US transnational corporations. Singapore is perhaps now poised, with a similar range of financial, labour market and infrastructural attributes as Ireland, to benefit from rapid growth in the Asia-Pacific software market. Three corporate case studies from Singapore are used to illustrate this argument.