SMEs accounted for 33% of Singapore’s GDP, compared to
42% for the MNCs, 12% for GLCs, and 7% for government
statutory boards
Following in the Swiss footsteps, Singapore has more than
doubled its expenditure on R&D from S$3.4bn in 2002 to
S$7.2bn in 2012. It appears increasingly focused on creating
and developing and managing new Intellectual property in
Singapore.
42% for the MNCs, 12% for GLCs, and 7% for government
statutory boards
Following in the Swiss footsteps, Singapore has more than
doubled its expenditure on R&D from S$3.4bn in 2002 to
S$7.2bn in 2012. It appears increasingly focused on creating
and developing and managing new Intellectual property in
Singapore.
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