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Title: An Explanation for Singapore’s Innovation Gap
Authors: Carney, Richard W.
Loh, Yi Zheng
Keywords: DRNTU::Social sciences::Political science
Issue Date: 2008
Source: Carney, R. W. & Loh Y. Z. (2008). An Explanation for Singapore’s Innovation Gap. (RSIS Commentaries, No. 049). RSIS Commentaries. Singapore: Nanyang Technological University.
Series/Report no.: RSIS Commentaries, 049-08
Abstract: Why can’t Singapore innovate? Innovations tend to come in two varieties: radical or incremental. Radical innovations, like the internet or biotechnology, involve the development of entirely new products. Incremental innovations occur with continuous small-scale improvements, as with automobiles over the last 100 years. Each type of innovative style requires a different set of complementary institutions. The problem for Singapore is that it combines institutions; as a result, they generate conflicting innovation incentives which ultimately undermine the building of a durable base of innovative activity.
Schools: S. Rajaratnam School of International Studies 
Rights: Nanyang Technological University
Fulltext Permission: open
Fulltext Availability: With Fulltext
Appears in Collections:RSIS Commentaries and Reports

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