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Charles Chow ~ ROLE OF INNOVATION IN FOREIGN DIRECT INVESTMENT AND SME DEVELOPMENT IN SINGAPORE.
1. Role of innovation in FDI and
SME development in Singapore
Session 8 â 24 Nov 2015
Scope | Viability | Budgeting | Discussion 24 Nov 2015 CHARLES CHOW Slide 1
2. Scope | Viability | Budgeting | Discussion 24 Nov 2015 CHARLES CHOW Slide 2
3. Scope | Viability | Budgeting | Discussion 24 Nov 2015 CHARLES CHOW Slide 3
6. ï âTo prosper, Singapore has to be relevant to the world.
We must be exceptional.â
ï âWe must share the fruits of our collective efforts.â
ï âLeaders are stewards. ⊠when the time comes, they
should relinquish their positions so that the next
generation of leaders can take us to greater heights.â
Heng Swee Kiat (Minister of Finance)âs
summary of LEE KUAN YEWâs worldview:
Source: Shashi Jayakumar and Rahul Sagar (editors),
The Big Ideas of Lee Kuan Yew, Straits Times Press,
Singapore 2015, pp.37f.
Scope | Viability | Budgeting | Discussion 24 Nov 2015 CHARLES CHOW Slide 6
12. Research, Innovation & Enterprise (RIE)
value chain in Singapore
Prime
Ministerâs
Office
A*STAR
research
institutes
Industry and Enterprise
NRF and
other
ministries
and
agencies
Ministry
of
Defence
Defence
Research, Innovation and Enterprise Council
supported by the National Research Foundation (NRF)
DSO
National
Laboratories
institutes
of higher
learning
hospitals
& medical
centres
ministries &
other
government
labs
National
Medical
Research
Council
Health
corporate
labs
other labs
Ministries Trade & Industry Education
R & D
Funding
Bodies
R & D
Performers
Economic
Development
Board
A*STAR
Academic
Research
Council
Source: www.nrf.gov.sg accessed on 28 Sep 2015
Scope | Viability | Budgeting | Discussion 24 Nov 2015 CHARLES CHOW Slide 12
22. Source: World Intellectual Property Organization, www.wipo.int accessed on 28 Sep 2015
Patent Application By Top Fields
Of Technology (1999-2013)
FIELD OF TECHNOLOGY SHARE
Semiconductors
Computer technology
Audio-visual technology
Electrical machinery, apparatus, energy
Measurement
Digital communication
Biotechnology
Telecommunications
Medical technology
Optics
Others
TOTAL
16.21
11.37
8.56
5.10
4.76
4.00
3.84
3.78
3.65
3.32
35.41
100.00 %
Scope | Viability | Budgeting | Discussion 24 Nov 2015 CHARLES CHOW Slide 22
23. Source: World Intellectual Property Organization,
www.wipo.int accessed on 28 Sep 2015
Singaporeâs Top Patent Applicants In 2013
APPLICANT PUBLICATION
WORLD
RANK
1) Agency of Science, Technology and Research
2) Nanyang Technological University
3) National University of Singapore
4) Mediatek Singapore Pte Ltd
5) DH Technologies Development Pte Ltd
6) Unisantis Electronics Singapore Pte Ltd
7) Heptagon Micro Optics Pte Ltd
8) MEMC Singapore Pte Ltd
9) Siemens Medical Instruments Pte Ltd
10) Vela Operations Pte Ltd
101
75
69
55
49
12
11
10
10
10
212
288
311
380
435
1615
1728
1881
1881
1881
Scope | Viability | Budgeting | Discussion 24 Nov 2015 CHARLES CHOW Slide 23
27. Scientific methods used
â DNA Analysis
â Stable Isotopes
â Wood Anatomy
PARTNERS
ï± governments (Americas, Africa, Europe & Asia)
ï± foundations
ï± scientific centres of excellence
ï âPte Ltdâ (SME) based in Singapore
ï international Certification Body
Timber traceable
in supply chain.
Double Helix Tracking Technologies Pte Ltd
(www.naturesbarcode.com)
Scope | Viability | Budgeting | Discussion 24 Nov 2015 CHARLES CHOW Slide 27
28. Singapore-designed Electric Taxi
(Nanyang Technological University + Technische Universitaet Muenhcen = TUM-CREATE)
Source: Priscilla Goy, Five features of the âmade in
Singaporeâ electric taxi, In: The Straits Times published
May 12, 2015, 11:51 AM SGT (www.straitstimes.com)
(1) Fast charging: 15 minutes to charge for 200 km range. Conventional electric
cars take 8 hours to charge for 160 km range.
(2) Energy efficient: Overhead air-conditioning & fan in seats.
(3) Carbon fibre body: Five times stronger than steel, two-thirds the weight.
(4) Low carbon footprint: 300,000 taxis ply Singapore roads, travel 15% of
distance covered by vehicles and constitute 5% of vehicle population.
(5) Child seat: In-built within taxi.
Scope | Viability | Budgeting | Discussion 24 Nov 2015 CHARLES CHOW Slide 28
34. Programmes under NRF:
ï Campus for Technological Excellence and Technological Enterprise
(CREATE)
ï Digital Economy and Interactive Digital Media R&D
ï Energy & Environment Research
ï Innovation and Enterprise Office to help start-up companies
commercialise new technologies and create jobs
ï National Cybersecurity to improve the trustworthiness of cyber
infrastructure in Singapore
ï Biomedical Sciences (BMS) Planning and Coordination to ensure whole-
of-government approach to growing the BMS sector in Singapore
Scope | Viability | Budgeting | Discussion 24 Nov 2015 CHARLES CHOW Slide 34
35. RIE2020
The next 5-year plan under RIE 2020 will focus our investments in key areas
where Singapore has a competitive advantage and a strategic need and
where we can best leverage R&D to support Singaporeâs future economic
growth and build a resilient nation. Building on the R&D ecosystem that
has been established over the years, specialist expertise would be further
deepened and strengthened in the priority areas to be identified. The
details of RIE 2020 are still being fleshed out, but I have no doubt that it
will position Singapore to continue reaping the benefits of our investments
in R&D for many years to come.
by H.E. Dr Tony Tan, President of Singapore
Scope | Viability | Budgeting | Discussion 24 Nov 2015 CHARLES CHOW Slide 35