5.1. The intervention logic of ITP While the Industry Transformation Programme has been launched in 2016, many of the actual policy interventions, that will be covered by this programme, have been launched earlier – in some case as early as 2010 when a renewed emphasis on productivity has been placed by the Government of Singapore (Auyong, H., 2014). Therefore, the context of the ITP and each ITM falls within the broader GDP and productivity growth agenda as stated in the Economic Strategies Committee (ESC) report in 2010 and re-confirmed by the Committee on the Future Economy (CFE) in 2017. It is also notable that to support the achievement of national productivity and GDP growth targets set in 2010, already from the beginning of the decade the most important industry sectors have been set productivity growth targets towards 2020. Some of these targets, set in 2011 and 2012, are retained as targets also for the ITMs (for example in PE ITM). Therefore a comprehensive analysis of ITP intervention logic had to include at least four separate levels of analysis, i.e.: -
The broader governance and institutional logic of the ITP (particularly the coordination, consultation and targeting functions) The specific instruments in action between 2010 and 2017 (including through instruments announced as part of the ITP), and The content – actions and logic behind specific ITM(s) The links between these three levels and the general strategic development framework as set in the ESC 2010 and CFE 2017 reports. 5.1.1.Stated intervention logic of the ITP
The Industry Transformation Programme, as stated in the Budget 2016, has four main mechanisms how it will generate impact:
a. It will involve integrating our different restructuring efforts. Our efforts to raise productivity develop our people, and drive research and innovation are working, but we can maximise impact by pulling these together. b. We will take a more targeted and sector-focused approach to better meet the needs of firms in each sector. c. We will deepen partnerships between government and the industry, and among industry players to identify challenges, and develop solutions to support transformation. d. And we will place a stronger emphasis on technology adoption and innovation.
5.1.2.Stated intervention logic of the ITMs
The 2016 budget statement includes these explicit purpose set for the ITMs: “As a government, we must adopt a more integrated approach to support transformation. Our
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