Competing at the Frontier: The Changing Role of Technology Policy in Singapore's Economic Strategy

40 Pages Posted: 4 Dec 2004

See all articles by Winston T.H. Koh

Winston T.H. Koh

Singapore Management University - School of Social Sciences

Poh Kam Wong

National University of Singapore (NUS) - Department of Business Policy

Multiple version iconThere are 2 versions of this paper

Date Written: December 2003

Abstract

For an economy competing at the global frontier, an innovation-based growth strategy requires a well-developed technological infrastructure, a set of capabilities-focused technology policies, as well as an institutional environment that stimulates innovation and entrepreneurship. This paper examines the role played by science and technology policy in an economy's transition to an innovation-based growth strategy. We discuss the challenges governments face as they restructure economic institutions to deepen R&D capabilities and encourage technology creation. We review Singapore's experience in this regard and assess its on-going efforts to remake itself to compete at the global frontier.

Keywords: Science, technology policy, technology frontier, economic growth, Singapore

JEL Classification: O2, O3

Suggested Citation

Koh, Winston T.H. and Wong, Poh Kam, Competing at the Frontier: The Changing Role of Technology Policy in Singapore's Economic Strategy (December 2003). Available at SSRN: https://ssrn.com/abstract=626342 or http://dx.doi.org/10.2139/ssrn.626342

Winston T.H. Koh (Contact Author)

Singapore Management University - School of Social Sciences ( email )

469 Bukit Timah Road
Federal Building #02-08
Singapore, 259756
Singapore
+65 6822 0853 (Phone)
+65 6822 0833 (Fax)

Poh Kam Wong

National University of Singapore (NUS) - Department of Business Policy ( email )

17 Law Link
Singapore 117591
Singapore

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