Singapore: Full Throttle on Innovation
The TechWireAsia website reported that Singapore is building an Open Innovation Platform to help businesses find partners to collaborate with. Started by the government, this new platform will pilot a virtual crowd-sourcing platform where companies can list their challenges and see who might come up with a viable, smart, digital solution.
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SME’s Pump More Money into R&D
The Straits Times website reported that to sustain economic momentum, the Singapore Government renewed its five-year $19 billion research fund in January last year (2016). The sixth Research Innovation and Enterprise road map – 1 per cent of the nation’s gross domestic product – will
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How Open Innovation Competitions Can Help Solve Problems
The Eco-business website reported that while complex issues cannot be solved overnight, open innovation competitions can bring new technologies and talent together to create new ideas that can change the way we view issues such as food waste. Food waste, which has emerged as a key environmental concern
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Innovation Doesn’t Have to Come from Within
The Malaysian Insider website reported that Visa has adopted an open innovation philosophy throughout its business, including in Singapore where the Asia-base for VisaLabs research and development is located. Visa looks at sources of innovation that arise within different organizations and the industries
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