Publication Type
Journal Article
Version
acceptedVersion
Publication Date
3-2005
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 | Economic Policy | Economics | Science and Technology Policy | 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
Citation
KOH, Winston T. H. and WONG, Poh Kam.
Competing at the Frontier: The Changing Role of Technology Policy in Singapore's Economic Strategy. (2005). Technological Forecasting and Social Change. 72, (3), 255-285.
Available at: https://ink.library.smu.edu.sg/soe_research/1199
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
Additional URL
https://doi.org/10.1016/j.techfore.2004.08.006
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