SINGAPORE: DEVELOPING A COUNTRY OF INNOVATION

Otto Chui Chau Lin

Chapter 19 in Innovation and Entrepreneurship:Choice and Challenge, 2018, pp 173-183 from World Scientific Publishing Co. Pte. Ltd.

Abstract: In 1965, Singapore was a newly established independent republic with very little land, few natural resources, an unskilled workforce, a diverse ethnic composition and unfriendly neighbors. With political independence came economic uncertainty. This was the nascent state of affairs typical of the Third World. However, after 50 years of development, Singapore achieved first-world status in economics and wealth, and ranked in the upper echelon in terms of its national competitiveness. This could certainly be called a miracle. How was it made possible?…

Keywords: Innovation; Entrepreneurship; Innovation System; National Innovation System; Knowledge Economy; Knowledge Transfer; Technology Transfer; Technology Diffusion; University-Industry Interaction; Commercialization of Scientific Research; Roles of the Government; Roles of the University; Roles of Technology Institute; Environmental Factors of Innovation System; Innovation Helix; Innovation Quartet; Science Parks; Incubation; Incubator; Competitiveness; Innovation Competitiveness; Hard Power; Soft Power; Sustainable Innovation; Entrepreneurial Spirit; Globalization Age Competition; Management of Change; Hsin-Chu Science Park; ITRI (search for similar items in EconPapers)
JEL-codes: L26 (search for similar items in EconPapers)
Date: 2018
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