From efficiency-drive to innovation-driven economic growth :
Tan, Kim-Song.
From efficiency-drive to innovation-driven economic growth : perspectives from Singapore / Kim-Song Tan; Sock-Yong Phang. - Washington, D. C : World Bank, 2005. - 42p ; 29 cm. - Policy research working papers ; no. 3569 .
Also available online. "This paper looks at Singapore's efforts to transform the economic growth base from one that is predominantly efficiency-driven to one that is more innovation-driven. To accelerate the transition process, the government is aggressively investing in "innovation infrastructure"-systems and instructions that make the city a more conducive environment for innovations. The modus operandi, with a distinctive "winner-picking" flavor, mirrors that of its earlier strategic industrial policy in building up the manufacturing sector. It is also in sync with the new urban growth literature which argues that the success of any innovation-driven growth strategy depends on a city's ability to attract a large community of creative individuals in different fields. Innovation infrastructure building requires more than putting in the right systems. It also requires a mindset change at various levels
Includes bibliographical references.
Open access.
Technological innovations--Economic aspects--Singapore.
Creative ability in business--Singapore.
Singapore--Economic conditions.
From efficiency-drive to innovation-driven economic growth : perspectives from Singapore / Kim-Song Tan; Sock-Yong Phang. - Washington, D. C : World Bank, 2005. - 42p ; 29 cm. - Policy research working papers ; no. 3569 .
Also available online. "This paper looks at Singapore's efforts to transform the economic growth base from one that is predominantly efficiency-driven to one that is more innovation-driven. To accelerate the transition process, the government is aggressively investing in "innovation infrastructure"-systems and instructions that make the city a more conducive environment for innovations. The modus operandi, with a distinctive "winner-picking" flavor, mirrors that of its earlier strategic industrial policy in building up the manufacturing sector. It is also in sync with the new urban growth literature which argues that the success of any innovation-driven growth strategy depends on a city's ability to attract a large community of creative individuals in different fields. Innovation infrastructure building requires more than putting in the right systems. It also requires a mindset change at various levels
Includes bibliographical references.
Open access.
Technological innovations--Economic aspects--Singapore.
Creative ability in business--Singapore.
Singapore--Economic conditions.