Wednesday, April 11, 2007

Is Innovation Taken Seriously in Singapore?

Recently, a friend of mine expressed his doubts about Singapore taking innovation seriously.

Looking at the amount of reported innovations from the Singapore R&D efforts, it is difficult for me to share his views. However, 'innovation' can be perceived as a value chain:* Innovating (verb) - this refers to the creation machinery. Metaphorically, it is the womb.
* Innovation (noun) - this refers to the output (not necessary the oucome or result). Following from the above metaphor, this is the baby.

The frustration maybe caused by the Government’s interest only in the baby, and since we are the builders of the creation machinery, their context prevents our thoughts, ideas, and views.

Is the business of helping others build wombs a viable business? Yes, it is, but not in the same packages we saw in 2001. Those were the days of seeking awareness, exploring and experimenting. Now, they mean business. They don’t care if it’s the womb linings or nutrient cords they purchased, they just want the baby.

How to overcome this performance based innovation mentality?

* Education - Change agents for innovation need to bring the concept of Innovation Value Chain to their management's attention. Organisations must acquire the competence of replicating their success, which is about sustainability, instead of milking them long and hard alone.
* Reposition - Interventions for innovation have to go beyond delivering awareness, methods and tools to delivering performance, given the developments in the market today.
Copyright 2007, Anthony Mok. All rights reserved

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