High in IT competitiveness but Singapore lags in R&D efforts

Singapore should push its R&D efforts, a report suggested.

To some extent, it’s a good opportunity for its neighbor’s programmers, experts and talents (from Indonesia, Malaysia or Thailand) to offer their ideas and plans to the city’s state.

A new study on global IT competitiveness ranks Singapore highly, but it said the Republic’s Achilles’ heel lies in research and development, specifically in patent generation — the single biggest indicator of IT competitiveness.

According to the inaugural study by the Economist Intelligence Unit (EIU) and sponsored by the Business Software Alliance (BSA), Singapore is listed 11th globally in terms of IT competitiveness, and fifth within the Asia-Pacific, behind Japan, South Korea, Australia and Taiwan.

Source