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