Asia Competitiveness Institute, Lee Kuan Yew School of Public Policy, National University of Singapore
Summary: The residential status of patent applicants indicates the source of inventions in a country. Different technological development strategies of nations affect the structures of patent applicants’ profiles. For example, China’s favourable policies towards domestic innovation culminated in residents’ share in the country’s total patent filings at 90% in 2021. In contrast, 86% of Singapore […]
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Summary: Collaboration with overseas inventors has become an important driver for invention in Singapore. Singapore’s partnerships with overseas inventors increased by 34% compared to the previous decade. The United States remains Singapore’s most dominant partner, with one-third of all overseas co-inventor patent families. In addition, China, Germany, and India have achieved more invention collaborations in […]
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Summary: Are ideas harder to get? Nicholas Bloom, Charles Jones, John Van Reenen and Michael Webb (AER, 2020) documented the contrast between the continuously uprising research input and the stable total factor productivity (TFP) growth globally. In the case of Singapore, the contrast is even more striking. Since 2000, R&D personnel per million population in […]
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Summary: The patent application data from PATSTAT over the period 2010 to 2019 reveal that high-tech patent applications have exponentially risen in Singapore, suggesting forward-looking innovation in Singapore’s R&D. In contrast, patents applications in other tech levels remain largely stable. The increase in high-tech patent applications was further propelled by government initiatives to strengthen innovation […]
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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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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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