In the UN’s Global Innovation Index 2016, China joined the elite list of the world’s top 25 most innovation economies. A recent Capgemini-Altimeter report describes the rise of “innovation empires” in Asia that will rival Silicon Valley, and singles out India as the “R&D destination of choice” for multinationals. Against this backdrop, this event will address the following crucial questions:
- Why and how the epicenter of global innovation is rapidly shifting to Asia?
- What sound public policies and corporate strategies can help Asian nations move up further the global innovation value ladder?
- Is there an “Asian way of innovating”—i.e., frugal innovation—and if so, what are its unique defining attributes?
- How can Asian firms and societies combine their unique innovation capabilities to engage the West in co-creating solutions to global problems in energy, education, healthcare, food, and urban development?
- How can Singapore leverage its distinctive strengths to position itself as a major hub in the nascent “global innovation networks”?