Transforming Singapore's innovation system: an analysis using the managerial flow model

Wang, Pengji, and Kuah, Adrian T.H. (2015) Transforming Singapore's innovation system: an analysis using the managerial flow model. In: Vecchi, Veronica, Farr-Wharton, Ben, Farr-Wharton, Rodney, and Brusoni, Manuela, (eds.) Managerial Flow. Routledge Advances in Management and Business Studies . Routledge, New York, NY, USA, pp. 60-73.

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Abstract

[Extract] The national innovation system (NIS) is an evolving and closely embedded system involving private and public firms, universities, and government agencies to develop, diffuse, and exploit knowledge within a national context (Carlsson, 2006; Lundvall, 2003). Sweden and Germany have each created successful innovation systems; the Fraunhofer model in Germany involves 60 research institutes linked to a network of universities. The Fraunhofer system receives some 30% of funding from the state and 70% from industry and government contracts. Sweden is recognized as one of the top European Union (EU) countries in innovation. The Swedish RISE Holding AB is a holding company owned by the state and consists of umbrella research institutes that are externally funded.

Learning from numerous efforts in creating an effective NIS, there are 3 national assets that shape its performance (Organisation for Economic Co-operation and Development [OECD], 1997). The first is strong public-private linkages involving public research infrastructure (research institutes and universities). The second is having labor mobility, which allows the nurturing and mobilization of people with specific knowledge and abilities. The third is industry linkages that facilitate interactions relevant to important technologies, shared knowledge and skills, and producer-supplier relationships.

Item ID: 34813
Item Type: Book Chapter (Research - B1)
ISBN: 978-0-415-74945-9
Date Deposited: 28 Sep 2014 23:35
FoR Codes: 14 ECONOMICS > 1402 Applied Economics > 140213 Public Economics- Public Choice @ 100%
SEO Codes: 91 ECONOMIC FRAMEWORK > 9104 Management and Productivity > 910402 Management @ 50%
91 ECONOMIC FRAMEWORK > 9104 Management and Productivity > 910405 Public Sector Productivity @ 50%
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