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Beyond TechnonationalismBiomedical Innovation and Entrepreneurship in Asia$
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Kathryn C. Ibata-Arens

Print publication date: 2019

Print ISBN-13: 9781503605473

Published to Stanford Scholarship Online: September 2019

DOI: 10.11126/stanford/9781503605473.001.0001

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Born Global in Singapore

Born Global in Singapore

Living the Janus Paradox

(p.182) Chapter 6 Born Global in Singapore
Beyond Technonationalism

Kathryn C. Ibata-Arens

Stanford University Press

Singapore’s developmental model had to be based within its multiethnic Chinese, Indian, and Malay population and from its very inception was global in outlook. Its meritocratic Economic Development Board (EDB) and Agency for Science, Technology and Research (A*STAR) tied inward FDI to domestic human-capital development and redistribution of internationally derived wealth to its domestic population. Its “guppies to whales” human-capital development programs contributed to productivity gains through attracting the region’s best and brightest STEM youth and offering them citizenship. While the Singaporean city-state’s small population has proven an impediment to establishing a critical mass of new technology entrepreneurs, open immigration policies have the potential to fast-track future developments. However, indigenous Singaporeans have been displaced in this process.

Keywords:   Economic Development Board (EDB), Agency for Science, Technology and Research (A*STAR), National University Singapore (NUS), Nanyang Technical University (NTU), Biopolis, STEM, multinational corporation (MNC)

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