Title

Competing at the Frontier: The Changing Role of Technology Policy in Singapore's Economic Strategy

Publication Type

Journal Article

Publication Date

2005

Abstract

For an economy competing at the global frontier, an innovation-based growth strategy requires a well-developed technological infrastructure, a set of capabilities-focused technology policies, as well as an institutional environment that stimulates innovation and entrepreneurship. This paper examines the role played by science and technology policy in an economy's transition to an innovation-based growth strategy. We discuss the challenges governments face as they restructure economic institutions to deepen R&D capabilities and encourage technology creation. We review Singapore's experience in this regard and assess its ongoing efforts to remake itself to compete at the global frontier.

Keywords

Science, Technology policy, Technology frontier, Economic growth, Singapore

Discipline

Asian Studies | Macroeconomics | Technology and Innovation

Research Areas

Applied Microeconomics

Publication

Technological Forecasting and Social Change

Volume

72

Issue

3

First Page

255

Last Page

285

ISSN

0040-1625

Identifier

10.1016/j.techfore.2004.08.006

Publisher

Elsevier

Additional URL

http://dx.doi.org/10.1016/j.techfore.2004.08.006