Singapore recently held the "Outpost Southeast Asia Forum" in conjunction with the global outlet, and how Chinese enterprises should combine with Singapore's scientific research strength to make in-depth discussions on the topic of moving towards the world. Singapore Eye compiled the live broadcast of Professor Wen Yonggang, Dean of the Graduate School of Nanyang Technological University, and investor Wang Yuquan, this article is a follow-up to "Singapore Technology Enterprises Revealed: This Trick Makes Mass Production Efficiency Soaring!" Chapter VI after that.
In the wave of global scientific and technological innovation, how to effectively use all resources to promote organic scientific and technological innovation is an important topic of common concern for academia and industry. Especially in the context of technology competition between China and the United States, Singapore, with its unique geographical location and policy advantages, has gradually shown its potential to become an emerging center for technology entrepreneurship. This potential lies not only in its local scientific and technological strength, but also in how Singapore can promote university-enterprise cooperation through various mechanisms to promote innovation and entrepreneurship from a global perspective.
Wang Yuquan said that the successful experience of Arizona State University (ASU) provides us with a case study to learn from. In recent years, the university has repeatedly ranked high in innovation rankings. ASU encourages collaboration between university professors and successful tech entrepreneurs, each focusing on their own field: the professor is responsible for research, while the entrepreneur is focused on translating research results into market products. This model of "building block innovation" effectively reduces the risk in the transformation of scientific research achievements and ensures the commercialization process of innovation projects.
Entrepreneurs' market acumen and practical experience often give them an edge in the entrepreneurial process. A professor's deep knowledge of research does not necessarily translate into commercial success.
Professor Wen Yonggang strongly agrees with this statement, and he himself has led students to start a business, and clearly understands that leading a research team of 10 or 20 people is completely different from leading a company to rapid development. Based on his own experience at the Massachusetts Institute of Technology (MIT), Professor Wen believes that MIT's success stories are also worth exploring in depth
MIT has a strong alumni network, with many successful entrepreneurs actively participating in the school's entrepreneurial ecosystem, supporting current students' entrepreneurial dreams. This system allows students to connect directly with successful entrepreneurs, who not only provide valuable guidance to students, but also help them with financing, marketing strategies, and more.
This creates a virtuous cycle in which alumni gain more social recognition by giving back to their alma mater, while in the process, students are able to grow rapidly through the alumni experience. The success of this model lies not only in the transfer of technology and knowledge, but also in the combination of this knowledge and market demand, so as to improve the success rate of entrepreneurship.
In recent years, Nanyang Technological University in Singapore has begun to explore the establishment of an "entrepreneur-in-residence" system, which aims to enhance school-enterprise cooperation by inviting successful entrepreneurs to provide guidance to students and teachers. At the same time, the Singapore government has launched a talent introduction scheme to attract entrepreneurs who have successfully started businesses in China to return, further promoting local technological innovation and industrial development. The core of this policy is to attract entrepreneurs with successful experience in the technology sector, who can bring rich market resources and international vision to Singapore, thereby promoting the connection between local entrepreneurs and the international market.
China has seen the emergence of a large number of successful tech companies in recent years, and the founders and executives of these companies are undoubtedly an important resource for Singapore's tech startup ecosystem. By attracting these entrepreneurs back, Singapore can not only enhance local innovation capabilities, but also provide local entrepreneurs with richer market resources and experience sharing.
Singapore's startup ecosystem is global. In this multicultural country, the international business environment provides a good ground for companies to develop. The Singapore government encourages enterprises to expand their business in the international market and promotes local enterprises to go global, which provides a broader stage for Singapore's technology entrepreneurship. In the future, based on Singapore's global entrepreneurship strategy, it is expected to make greater achievements in international market expansion and technology transfer.
From January 7 to 10, 2025, the global technology event, the Consumer Electronics Show, will be held in Las Vegas, United States. As the world's largest and most influential consumer electronics technology exhibition, CES is known as the "vane of electronic technology", attracting the attention of countless technology enthusiasts and industry leaders.
Tech giants and well-known innovators from around the world will gather to showcase the latest cutting-edge technologies. Singapore passport holders enjoy the convenience of visa-free entry and experience the feast of cutting-edge technology for the first time!
Singapore Eye joined hands with Outpost Technology, led by Wang Yuquan, a technology investor and global expert in the technology innovation industry, to form the CES Singapore Pavilion to embark on this technological journey with like-minded business seekers.
Registration for CES is now open, and space is limited, so hurry up!
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