Autonetics’ Post

#Singapore has risen a spot to become the world’s 4th most innovative economy, according to the Global Innovation Index 2024 published by the World Intellectual Property Organization – WIPO. The city-state reached its highest ranking in over a decade, while still retaining its top spot in Asia. The Global Innovation Index is an annual ranking of more than 130 world economies according to their #innovation capabilities. Here are some key highlights for Singapore: ⚪ 1st in innovation inputs which refers to factors that enable innovative activities. ⚪ 1st globally for topping the most innovation indicators, including regulatory quality, policy stability for doing business, ICT access, unicorn valuations and venture capital. ⚪ 2nd in the world for Human Capital and Research, and 3rd for Business Sophistication. Learn about the factors that make #Singapore a global innovation #hub: https://lnkd.in/gPdTsEmQ Intellectual Property Office of Singapore (IPOS)

#Singapore is ranked 4th most innovative economy in the world according to an index from the World Intellectual Property Organization – WIPO. A strong #Innovation ecosystem, supported by enablers from partnerships with #research institutions through to sources of #capital and #funding, allow for innovative activities to thrive in Singapore. It's a big reason why companies decide to set up in Singapore. Come talk to the Singapore Economic Development Board (EDB) to find out more about Singapore can support your company's innovation activities!

Climbing the ranks 🇸🇬 With our vibrant innovation ecosystem, #Singapore has moved up to 4th globally in its ranking in the latest Global Innovation Index (GII) 2024, while retaining its top spot in the Southeast Asia, East Asia and Oceania regions. The Global Innovation Index by the World Intellectual Property Organization – WIPO is an annual ranking of more than 130 world economies using 78 #innovation indicators. Some notable highlights: 🚀 Ranked top in 14 key innovation indicators 💻 Leading in government effectiveness, ICT access, unicorns valuation and venture capital. 💡1st in factors that enable innovative activities. 🧑🏻🔬2nd in the world for research and human capital Read more: https://lnkd.in/gPdTsEmQ Join us at Singapore Week of Innovation and Technology (SWITCH) to experience Singapore’s innovation ecosystem: https://go.gov.sg/u95kjh Intellectual Property Office of Singapore (IPOS)

According to Visual Capitalist's recent analysis of the Global Innovation Index (GII), Singapore has secured an impressive 4th place globally. This ranking underscores the nation's commitment to fostering a thriving innovation ecosystem and our continued trust in our only asset - our people. I would like to provide some degree of understanding why Singapore has often achieve high ratings in such indexes based on the seven pillars of GII: ✅ Institutions: Singapore boasts a robust and transparent regulatory environment, strong intellectual property protection, and efficient public administration. ✅ Human capital & research: A highly skilled workforce and significant investment in research and development are key drivers of innovation. ✅ Infrastructure: World-class infrastructure, including advanced digital connectivity, supports businesses and research activities. ✅ Market sophistication: A competitive and open market encourages businesses to innovate and adopt new technologies. ✅ Business sophistication: Singapore's business environment is conducive to innovation, with strong support for entrepreneurship and collaboration. ✅ Knowledge & technology outputs: This encompasses the creation of new knowledge, technological advancements, and creative outputs. ✅ Creative outputs: Singapore encourages a vibrant creative industry, fostering innovation in design, arts, and entertainment. 🌏 Implications for ASEAN: Singapore's innovation leadership has significant implications for the ASEAN region. Its success can inspire and drive innovation across Southeast Asia, fostering economic growth and competitiveness. Comparative Advantage & Leverage: ✳ Knowledge Hub: Singapore can serve as a regional knowledge hub, sharing best practices and facilitating collaboration on research and development. ✳ Talent Magnet: Attracting top talent to Singapore can benefit the entire region, as knowledge and expertise spill over to neighboring countries. ✳ Investment Destination: Singapore's strong innovation ecosystem can attract foreign investment, which can then be channeled to support innovation initiatives across ASEAN. ✳ Testbed for Innovation: Singapore can act as a testbed for new technologies and innovative solutions, paving the way for their adoption in other ASEAN countries. By leveraging Singapore's innovation strengths, ASEAN can enhance its global competitiveness and drive sustainable economic development. #Singapore #innovation #ASEAN #GlobalInnovationIndex #technology #entrepreneurship #competitiveness #economicgrowth #knowledgehub #talent

💡Singapore has climbed to 4th place globally in the 2024 Global Innovation Index (GII), its best performance in over a decade! Singapore leads in 14 innovation indicators, including: • Government effectiveness • Information and communications technology (ICT) access • Unicorn valuations • Venture capital access With 1st place in factors enabling innovation activities, Singapore retains its spot as the top innovation hub in Asia. This success is the result of ongoing collaboration between government, businesses, and research sectors. Learn more about Singapore’s global innovation ranking here: https://lnkd.in/gPdTsEmQ The GII is published annually by the World Intellectual Property Organization – WIPO Intellectual Property Office of Singapore (IPOS) Looking to connect with fellow innovators? Join us at SWITCH from 28–30 October at Marina Bay Sands Expo & Convention Centre to explore partnerships and cutting-edge ideas with over 350 tech and innovation showcases. #Innovation #GlobalInnovationIndex #SWITCHSG

🚨 𝗕𝗿𝗲𝗮𝗸𝗶𝗻𝗴 𝗡𝗲𝘄𝘀 𝗶𝗻 𝗠𝗮𝗹𝗮𝘆𝘀𝗶𝗮’𝘀 𝗗𝗶𝗴𝗶𝘁𝗮𝗹 𝗘𝗰𝗼𝗻𝗼𝗺𝘆! 🚨 𝗠𝗗𝗘𝗖 (𝗠𝗮𝗹𝗮𝘆𝘀𝗶𝗮 𝗗𝗶𝗴𝗶𝘁𝗮𝗹 𝗘𝗰𝗼𝗻𝗼𝗺𝘆 𝗖𝗼𝗿𝗽𝗼𝗿𝗮𝘁𝗶𝗼𝗻) is undergoing a significant transition with the departure of two of its Senior Vice Presidents, 𝗚𝗼𝗽𝗶 𝗚𝗮𝗻𝗲𝘀𝗮𝗹𝗶𝗻𝗴𝗮𝗺 and 𝗥𝗮𝘆𝗺𝗼𝗻𝗱 𝗦𝗶𝘃𝗮. These leaders played crucial roles in advancing Malaysia's digital landscape, driving innovation, and strengthening public-private partnerships. 💼 💡𝙄𝙢𝙥𝙖𝙘𝙩 𝙤𝙣 𝙈𝙖𝙡𝙖𝙮𝙨𝙞𝙖’𝙨 𝘿𝙞𝙜𝙞𝙩𝙖𝙡 𝙇𝙖𝙣𝙙𝙨𝙘𝙖𝙥𝙚: 📊 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰 𝗩𝗶𝘀𝗶𝗼𝗻𝗮𝗿𝗶𝗲𝘀: Gopi and Raymond played crucial roles in initiatives like the GAIN program, driving Malaysia's digital economy towards global recognition and positioning the nation as a tech hub. 🌍 𝗔𝘁𝘁𝗿𝗮𝗰𝘁𝗶𝗻𝗴 𝗚𝗹𝗼𝗯𝗮𝗹 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁𝘀: Under their leadership, MDEC made substantial strides in attracting foreign investments, ensuring local ecosystems thrived through partnerships, technology transfers, and job creation. 🚀 𝗕𝘂𝗶𝗹𝗱𝗶𝗻𝗴 𝗟𝗼𝗰𝗮𝗹 𝗧𝗮𝗹𝗲𝗻𝘁: Their commitment to nurturing startups and empowering local talent has left a lasting legacy, boosting Malaysia's competitiveness in the global tech market. As Malaysia's digital ecosystem navigates this transition, the path they paved promises a future rich with opportunities for continued growth and innovation. 🌟 🔗 https://lnkd.in/gUDDy8UD #MDEC #DigitalEconomy #TechLeadership #InnovationMalaysia #OPERION

💡Notable Update for Tech Companies Eyeing the Asia Pacific Expansion. 🌏 Australia has just announced a major A$2 billion fund to bolster trade and investment in Southeast Asia, alongside the launch of new 'landing pads' in Jakarta and Ho Chi Minh City. These initiatives, unveiled at the recent ASEAN-Australia Special Summit in Melbourne this week, aim to provide support for businesses venturing into Southeast Asia, home to some of the world's fastest-growing markets. As always, the details will be crucial, and we will update on the progress of these initiatives. 🚀 ASEAN's markets have been experiencing significant growth and the region is widely considered one of the few places in the world to deliver consistent growth in the mid and long term. With ASEAN’s economy that stands as the fourth-largest globally, tech companies have immense potential in the region. The rapid digital transformation underway is evident, with Indonesia's digital economy projected to reach $360 billion and Vietnam's up to $200 billion by 2030. #TechExpansion #AsiaPacific #ASEAN #EmergingMarkets #BusinessGrowth #SoutheastAsia #InvestmentOpportunities #GlobalBusiness

💡Notable Update for Tech Companies Eyeing the Asia Pacific Expansion. 🌏 Australia has just announced a major A$2 billion fund to bolster trade and investment in Southeast Asia, alongside the launch of new 'landing pads' in Jakarta and Ho Chi Minh City. These initiatives, unveiled at the recent ASEAN-Australia Special Summit in Melbourne this week, aim to provide support for businesses venturing into Southeast Asia, home to some of the world's fastest-growing markets. As always, the details will be crucial, and we will update on the progress of these initiatives. 🚀 ASEAN's markets have been experiencing significant growth and the region is widely considered one of the few places in the world to deliver consistent growth in the mid and long term. With ASEAN’s economy that stands as the fourth-largest globally, tech companies have immense potential in the region. The rapid digital transformation underway is evident, with Indonesia's digital economy projected to reach $360 billion and Vietnam's up to $200 billion by 2030. #TechExpansion #AsiaPacific #ASEAN #EmergingMarkets #BusinessGrowth #SoutheastAsia #InvestmentOpportunities #GlobalBusiness

From 🌿 sustainability to 🤖 digital transformation and 🧠 innovation, Singapore and the Nordic and Baltic countries share many common national priorities. In a session with Ambassadors and Deputies from Denmark, Estonia, Finland, Lithuania, Norway, and Sweden, we discussed how companies from their countries see Asia as a bright spot for growth. Many are already in the region, including Southeast Asia, and partnering with Singapore to see how they can access more opportunities in growing markets. These span🔬 R&D and innovation to drive the 🌱 green transition, to scaling new solutions in the digital economy and advanced manufacturing. Singapore is committed to helping businesses tackle costs, deepen enterprise and workforce capabilities and operate more sustainably, while boosting our competitiveness as an investment destination. Measures announced at Budget 2024 are intended to address these priorities. Singapore Economic Development Board (EDB) looks forward to deepening our partnership with global companies, including those from the Nordics and Baltics! Andreas Aure | Sandra Jensen Landi | Priit Turk | Jurate Ramoskiene | Juha Markkanen | Jenny Egermark | Anders Sjoberg | Dino Tan | Brian Theng #sustainability #digitaleconomy #greeneconomy #advancedmanufacturing #innovation #southeastasia #singapore

Had an insightful meeting with friends from Singapore, discussing Indonesia and Singapore business opportunities. Grateful for the chance to learn from their experiences on market expansion and business strategies. #digitalcentergroup #digitalcenterindonesia #playinglobal #playingbigger #flyinghigh #singaporeindonesia #networkingtoopenmymind