Chart of the Week September 9, 2022: R&D Innovation in Singapore

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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