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Unlocking a wave of innovation by closing gaps in S'pore's ecosystem

Creating the infrastructure for innovation is key, mainly by supporting the investors, entrepreneurs and organisations that are focused on capacity building.

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Deputy PM Tharman Shanmugaratnam at the launch of SGInnovate last month. To position Singapore as an innovation-led country, existing gaps in the innovation ecosystem must first be addressed.

GROWTH in today's knowledge-based economy is not driven by capital accumulation, but through innovative capacity spurred by the appropriate combination of knowledge, technological skills, collaborative mindset and conducive policies that support entrepreneurship and innovation. Such an economic

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