Singapore not an ideal test-bed for global innovation

Singapore

DESPITE a commonly held view that Singapore could aspire to be a test-bed for global innovation, some veteran entrepreneurs say local companies would do better to focus instead on global markets, or internationalisation, from the get-go.

Tan Min-Liang, chief executive officer of Razer, a San Francisco-based gaming hardware company, said: "While it might seem like common wisdom to first test (an idea) in Singapore, and then take it regionally and to the world, with all due respect to the government, I think it doesn't make sense in today's world."