Chart of the Week Jul 26, 2024│The International Innovation Landscape of Singapore

Summary:

From 2011 to 2020, the volume of patent collaborations between Singapore and other countries nearly doubled compared to the preceding decade (2001-2010), marking a substantial expansion in Singapore’s innovation partnerships. Throughout this period, the United States has consistently stood out as Singapore’s foremost collaborator in patent activities. The cumulative number of patents jointly filed by Singapore and the US consistently exceeded the combined total of collaborations with China, France, Germany, Japan, and South Korea. This trend underscores the robust and enduring nature of the bilateral innovation relationship between Singapore and the US, reflecting mutual strengths and strategic alignment in technological advancements.

Furthermore, our investigation into patent collaborations between Singapore and the US across diverse technological domains reveals compelling insights. Over the past 20 years, there has been notable co-innovation in electrical engineering, indicating a focal area of collaboration between the two nations. Concurrently, chemistry and mechanical engineering, while contributing smaller shares to the overall co-inventions, have demonstrated consistent involvement from 2005 to 2020. This analysis underscores Singapore’s role as a pivotal player in global innovation networks, showcasing its ability to engage across various technical disciplines and sustain fruitful partnerships over extended periods. By leveraging these collaborations, Singapore continues to bolster its position as a hub for innovation and technology development on the global stage.

Article & Graphic By GE, Yixuan