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Singapore SMEs slow to adopt business model innovation to gain edge

Tech pundits say early adopters of BMI can identify profitable niches within existing businesses

39051351.2 (39422601) - 11_08_2016 - SINGAPORE-ECONOMY_GDP.jpg
Local firms have been slow to adopt business model innovation (BMI), a critical tool during a time of rapid disruption, say innovation pundits.

Singapore

LOCAL firms have been slow to adopt business model innovation (BMI), a critical tool during a time of rapid disruption, say innovation pundits.

Michael Teng, chief of the Singapore Institute of Productivity and Innovation (SiPi), a centre of excellence under the Singapore...

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