Are SMEs the answer to boosting Singapore’s innovation output?

Singapore’s continuous efforts to position itself as an innovation-driven and knowledge-based economy has been a prime priority in recent years. Over the past two decades, the Singapore government has undertaken a structural approach towards investments in Research and Development (R&D), through Research, Innovation and Enterprise plans, which are established every five years to dynamically work […]

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Chart of the Week Mar 26, 2021: Innovation as the Driver of Modernisation in China

Summary:  China’s 14th Five-Year Plan outlined innovation as the driver of modernisation. Under the National Big Data Strategy, data has become an important factor of production. Additionally, the investment in R&D has led to tremendous development in China’s digital economy. This week’s chart uses data from the National Bureau of Statistics of China and the China Academy of Information […]

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