Asia Competitiveness Institute, Lee Kuan Yew School of Public Policy, National University of Singapore
As digital transformations continue to happen at breakneck speeds around the world, the rise of the digital economy has become impossible to ignore. How long can you survive at work, school, or even otherwise without access to the internet? The value of the digital economy in our lives rests in answer to the question. As […]
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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: 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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Summary: Over the past few years, digital payments witnessed exponential growth in India, driven by payments via the Unified Payments Interface (UPI) which was launched as a pilot project in 2016 by the National Payments Corporation of India (NPCI). The volume and value of UPI-based transactions grew by 50 and 75 times, respectively from FY […]
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Note: The ASEAN-10 average score is standardized as zero; Vietnam’s scores above zero show above-average performance, while scores below zero indicate below-average performance. Summary: In ACI’s ASEAN competitiveness analysis, Vietnam has performed in technological infrastructure competitiveness, leapfrogging from a regional laggard in 2000 to above the ASEAN-10 average in 2018. This improvement is due to […]
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