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Singapore tried it. South Korea tried it. Russian, Vietnam and India are all following suit.

It seems that when it comes to encouraging innovation and invention, the “standard approach” in every country that Edward Jung has come across, is one that attempts to replicate Silicon Valley.

Jung is the co-founder and chief technology officer of Intellectual Ventures, a firm dedicated to the funding, creation and commercialisation of inventions. He spoke at SMU's Institute of Innovation and Entrepreneurship Distinguished Speaker Series, "Innovation megaprojects – A 21st century model for innovation and economic development". Before starting up Intellectual Ventures with Microsoft colleague Nathan Myhrvold, Jung was also former chief architect and advisor to executive staff at this world’s largest software company, former consultant to NeXT Computer, Apple as well as the Open Software Foundation.

To read the full, original article click on this link: Right up our Valley: Why Singapore ought to quit copying Silicon Valley - Knowledge@SMU

Author: Knowledge@SMU