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Singapore Wants to Build on Innovation Culture

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When it comes to innovation, there is no such thing as status quo – you either improve or decline relative to everyone else, and sitting in a comfort zone for too long could prove costly. That is the philosophy of Steve Leonard, the CEO of SGInnovate, the government entity that supports entrepreneurs leading Singapore’s innovation efforts.

While it may not be on par with Silicon Valley, widely considered the heart of global innovation, Singapore has been punching above its weight for several decades now.

Last year, a joint study from Cornell University, INSEAD and the World Intellectual Property Organization ranked Singapore as the sixth most innovative country in the world, behind the likes of the United Kingdom and the United States – countries much bigger, and with more resources, than the city-state.

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Craig Erlam

Craig Erlam

Senior Market Analyst, UK & EMEA at OANDA
Based in London, Craig Erlam joined OANDA in 2015 as a market analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary. His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News. Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.
Craig Erlam

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