diff --git a/packages/react-component-library/src/components/Autocomplete/Autocomplete.tsx b/packages/react-component-library/src/components/Autocomplete/Autocomplete.tsx
index 04c289791e..4298d28bcb 100644
--- a/packages/react-component-library/src/components/Autocomplete/Autocomplete.tsx
+++ b/packages/react-component-library/src/components/Autocomplete/Autocomplete.tsx
@@ -24,10 +24,6 @@ export interface AutocompleteProps extends SelectBaseProps {
    * Called when the input loses focus.
    */
   onBlur?: (event: React.FocusEvent) => void
-  /**
-   * The initially selected item when the component is uncontrolled.
-   */
-  initialValue?: string | null
 }
 
 export const Autocomplete: React.FC<AutocompleteProps> = ({
diff --git a/packages/react-component-library/src/components/Select/Select.stories.tsx b/packages/react-component-library/src/components/Select/Select.stories.tsx
index 659168c6e3..ed2ec19eb7 100644
--- a/packages/react-component-library/src/components/Select/Select.stories.tsx
+++ b/packages/react-component-library/src/components/Select/Select.stories.tsx
@@ -79,7 +79,7 @@ Disabled.args = {
 export const NoClearButton = Template.bind({})
 NoClearButton.args = {
   hideClearButton: true,
-  value: 'two',
+  initialValue: 'two',
 }
 
 export const Open = Template.bind({})
@@ -95,7 +95,7 @@ WithError.args = {
 
 export const WithValue = Template.bind({})
 WithValue.args = {
-  value: 'two',
+  initialValue: 'two',
 }
 
 export const WithIconsAndBadges = TemplateWithIconsAndBadges.bind({})
diff --git a/packages/react-component-library/src/components/Select/Select.test.tsx b/packages/react-component-library/src/components/Select/Select.test.tsx
index f86d22cf09..295599e28a 100644
--- a/packages/react-component-library/src/components/Select/Select.test.tsx
+++ b/packages/react-component-library/src/components/Select/Select.test.tsx
@@ -190,6 +190,134 @@ describe('Select', () => {
     })
   })
 
+  describe('when the component is controlled with "One" selected', () => {
+    const ControlledSelect = () => {
+      const [value, setValue] = React.useState<string | null>('one')
+
+      return (
+        <Select
+          id="select-id"
+          label="Label"
+          onChange={(newValue) => setValue(newValue)}
+          value={value}
+        >
+          <SelectOption value="one">One</SelectOption>
+          <SelectOption value="two">Two</SelectOption>
+        </Select>
+      )
+    }
+
+    beforeEach(() => {
+      wrapper = render(<ControlledSelect />)
+    })
+
+    it('has the value "One"', () => {
+      expect(wrapper.getByTestId('select-input')).toHaveValue('One')
+    })
+
+    describe('when the menu is opened and the second item clicked', () => {
+      beforeEach(async () => {
+        await userEvent.click(wrapper.getByTestId('select-arrow-button'))
+        return userEvent.click(wrapper.getByText('Two'))
+      })
+
+      it('has the value "Two"', () => {
+        expect(wrapper.getByTestId('select-input')).toHaveValue('Two')
+      })
+    })
+  })
+
+  describe('when the component is uncontrolled with "One" selected', () => {
+    beforeEach(() => {
+      wrapper = render(
+        <Select
+          id="select-id"
+          label="Label"
+          onChange={jest.fn()}
+          initialValue="one"
+        >
+          <SelectOption value="one">One</SelectOption>
+          <SelectOption value="two">Two</SelectOption>
+        </Select>
+      )
+    })
+
+    it('has the value "One"', () => {
+      expect(wrapper.getByTestId('select-input')).toHaveValue('One')
+    })
+
+    describe('when the menu is opened and the second item clicked', () => {
+      beforeEach(async () => {
+        await userEvent.click(wrapper.getByTestId('select-arrow-button'))
+        return userEvent.click(wrapper.getByText('Two'))
+      })
+
+      it('has the value "Two"', () => {
+        expect(wrapper.getByTestId('select-input')).toHaveValue('Two')
+      })
+    })
+  })
+
+  describe('when options are added after the initial render', () => {
+    beforeEach(() => {
+      wrapper = render(
+        <Select id="select-id" label="Label" onChange={jest.fn()} value="one">
+          <>{}</>
+        </Select>
+      )
+      wrapper.rerender(
+        <Select id="select-id" label="Label" onChange={jest.fn()} value="one">
+          <SelectOption value="one">One</SelectOption>
+          <SelectOption value="two">Two</SelectOption>
+        </Select>
+      )
+      return userEvent.click(wrapper.getByTestId('select-arrow-button'))
+    })
+
+    it('displays the items', () => {
+      const options = wrapper.getAllByTestId('select-option')
+
+      expect(options[0]).toHaveTextContent('One')
+      expect(options[1]).toHaveTextContent('Two')
+      expect(options).toHaveLength(2)
+    })
+
+    it('has the correct value', () => {
+      expect(wrapper.getByTestId('select-input')).toHaveValue('One')
+    })
+  })
+
+  describe('when options are added while the menu is open', () => {
+    beforeEach(async () => {
+      wrapper = render(
+        <Select id="select-id" label="Label" onChange={jest.fn()} value="one">
+          <>{}</>
+        </Select>
+      )
+
+      await userEvent.click(wrapper.getByTestId('select-arrow-button'))
+
+      wrapper.rerender(
+        <Select id="select-id" label="Label" onChange={jest.fn()} value="one">
+          <SelectOption value="one">One</SelectOption>
+          <SelectOption value="two">Two</SelectOption>
+        </Select>
+      )
+    })
+
+    it('displays the items', () => {
+      const options = wrapper.getAllByTestId('select-option')
+
+      expect(options[0]).toHaveTextContent('One')
+      expect(options[1]).toHaveTextContent('Two')
+      expect(options).toHaveLength(2)
+    })
+
+    it('has the correct value', () => {
+      expect(wrapper.getByTestId('select-input')).toHaveValue('One')
+    })
+  })
+
   describe('when the default `id` is used and the arrow button is clicked', () => {
     let initialId: string
 
diff --git a/packages/react-component-library/src/components/Select/Select.tsx b/packages/react-component-library/src/components/Select/Select.tsx
index ef420f5bfd..7baa8370c6 100644
--- a/packages/react-component-library/src/components/Select/Select.tsx
+++ b/packages/react-component-library/src/components/Select/Select.tsx
@@ -17,8 +17,9 @@ export const Select: React.FC<SelectBaseProps> = ({
   children,
   id: externalId,
   initialIsOpen,
+  initialValue,
   onChange,
-  value = null,
+  value,
   ...rest
 }) => {
   const id = useExternalId('select', externalId)
@@ -32,6 +33,8 @@ export const Select: React.FC<SelectBaseProps> = ({
     filteredItems.map((item) => [item.props.value, item])
   )
 
+  const isControlled = value !== undefined
+
   const {
     getItemProps,
     getMenuProps,
@@ -44,11 +47,16 @@ export const Select: React.FC<SelectBaseProps> = ({
   } = useSelect<string>({
     itemToString: (item) => itemToString(item, itemsMap),
     initialIsOpen,
-    initialSelectedItem: getSelectedItem(value, itemsMap),
     items,
     onSelectedItemChange: ({ selectedItem: newItem }) => {
       onChange?.(newItem ?? null)
     },
+    ...{
+      [isControlled ? 'selectedItem' : 'initialSelectedItem']: getSelectedItem(
+        isControlled ? value : initialValue,
+        itemsMap
+      ),
+    },
   })
 
   const { onInputFocusHandler } = useMenuVisibility(isOpen, openMenu)
diff --git a/packages/react-component-library/src/components/SelectBase/SelectBaseProps.ts b/packages/react-component-library/src/components/SelectBase/SelectBaseProps.ts
index 654f5539e6..d7cfe4ad43 100644
--- a/packages/react-component-library/src/components/SelectBase/SelectBaseProps.ts
+++ b/packages/react-component-library/src/components/SelectBase/SelectBaseProps.ts
@@ -15,6 +15,10 @@ export interface SelectBaseProps extends ComponentWithClass {
    * Toggles whether the list is open on first render.
    */
   initialIsOpen?: boolean
+  /**
+   * The initially selected item when the component is uncontrolled.
+   */
+  initialValue?: string | null
   /**
    * Toggles whether the component is disabled or not (preventing user interaction).
    */