Analyzes several trajectories of innovation and change in the competitive strategy in Singapore, as it evolves from an industrial economy to a knowledge-based one. In addition to the existing national innovation system in the rich industrial industries such as electronics, chemicals and precision engineering, the new regime is developing innovation in knowledge-intensive sectors of biomedical cluster, which emphasizes the special role of the academic sector in an innovative environment. Biotech investment at the moment, apparently, is a high risk due to the rather amorphous and clear market signals coming out of the industry. However, as technology becomes more speculative, the government should spread their bets more broadly to encourage more opportunities. Challenges and opportunities in Singapore they had had access to other States seeking to adopt a new policy for competitiveness and national comparative advantage in the era of globalization. "Hide
by Govindan Parayil Source: California Management Review 25 pages. Publication Date: February 1, 2005. Prod. #: CMR303-PDF-ENG
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