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NUS Entrepreneurship Centre Towards an Entrepreneurial University Model: The Approach of National University of Singapore Poh-Kam Wong Assoc. Prof., Business School & Director, Entrepreneurship Centre National University of Singapore NUS Entrepreneurship Centre The Context: Singapore's Transition towards a Knowledge Economy Between 1960 and 2000, Singapore achieved GDP growth rate of 8% p.a., driven by the manufacturing sector and sustained by development as major regional business and transportation hub Distinctly new phase of development emerging in the new millenium: Shift towards Knowledge Based Economy incorporating: High tech manufacturing Knowledge intensive business services Creative content production and distribution Mirrored by a shift in the primary focus of the national innovation system: Creation and commercialization of knowledge protected by IP Development of entrepreneurial mindsets and capabilities NUS Entrepreneurship Centre Stylized Stages of Singapore's Economic Development and National Innovation System Changes 1960s-1970s Economic Beginning of DFIDevelopment Driven, Export led Industrialization 1970s-1980s Transition to NIE 1980s-late1990s Transition from NIE to Developed Economy From Late-1990s Transition to Knowledge-based Economy National Innovation System Primary focus on developing Adaptive Capability to support Process Technological Deepening Primary focus on developing Innovative Capability to support applied R&D Primary focus o ...
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