Singapore's Innovation Wake-Up Call for US
Singapore - Global Capital of Innovation Singapore provided President Donald Trump and North Korean leader Kim Jong Un the global stage for what appears to be their very successful denuclearization summit. Singapore is much more than a world meeting place for diplomacy. It's also a global capital of innovation with a long term and big budget backing it up. The island nation's government is spending $19 billion over a 5 year period to develop Singapore as a knowledge-based , innovation driven, future focused economy. That scale of innovation investment leaves most of the rest of the world, including the United States, in the dust. RIE2020 The innovation investment program is called RIE2020 or Research, Innovation and Enterprise 2020. Goals include strengthening the entrepreneurial atmosphere and commercializing innovation technologies for global markets. Investments are focused on 4 key technology areas: advanced manufacturing and engineering; health and biomedic