NUS Entrepreneurship Centre

Feb 3rd, 2012
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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.

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NUS Entrepreneurship CentreTowards an Entrepreneurial University Model:The Approach of National University ofSingaporePoh-Kam WongAssoc. Prof., Business School &Director, Entrepreneurship CentreNational University of Singapore NUS Entrepreneurship CentreThe Context: Singapore's Transitiontowards a Knowledge EconomyBetween 1960 and 2000, Singapore achieved GDP growth rate of 8% p.a., driven by the manufacturing sector and sustained bydevelopment 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 manufacturingKnowledge intensive business servicesCreative content production and distributionMirrored by a shift in the primary focus of the national innovation system:Creation and commercialization of knowledge protected by IPDevelopment of entrepreneurial mindsets and capabilities NUS Entrepreneurship CentreStylized Stages of Singapore's Economic Developmentand National Innovation System Changes1960s-1970sEconomicBeginning of DFIDevelopment Driven, Export ledIndustrialization1970s-1980sTransition to NIE1980s-late1990sTransition fromNIE to DevelopedEconomyFrom Late-1990sTransition toKnowledge-basedEconomyNationalInnovationSystemPrimary focus on developing AdaptiveCapability to supportProcess TechnologicalDeepeningPrimary focus ondeveloping Innovative Capabilityto support appliedR&DPrimary focus o

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