• 61% of companies are embracing open innovation to keep abreast of rapid disruption.
• Companies of all sizes – from enterprises to startups – are pooling together their capabilities to launch new solutions across energy, tech, food and more.
• Public-private partnerships have also allowed corporates to tap into the ecosystem’s capabilities to research and develop new tech and products.
Whether it is to unlock new growth opportunities of tackle pertinent industry challenges, companies are increasingly taking a collaborative approach to innovation. Find out in this infographic how businesses in Singapore are working together with startups, other enterprises and the public sector to develop new solutions. Flip through each of the carousels below to reveal more examples.
This article was first published by the Singapore Economic Development Board (EDB). The Singapore Economic Development Board (EDB), a government agency under the Ministry of Trade and Industry, is responsible for strategies that enhance Singapore’s position as a global centre for business, innovation, and talent. Have the latest insights, stories and analyses on how companies are growing in Asia delivered to your inbox here.
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