Updated: 20/10/2015 1

ASIA: THE NEW FRONTIER OF INNOVATION? Philip Lim | CEO, ETPL | Agency for Science Technology & Research | SINGAPORE

Updated: 20/10/2015 2

ASIA: THE NEW FRONTIER OF INNOVATION?

Agenda

TRENDS THAT IMPACT INNOVATION

CAN ASIA WIN THE INNOVATION GAME?

OPEN INNOVATION: THE SINGAPORE STORY

MOVING BEYOND TECHNOLOGY TRANSFER

Updated: 20/10/2015 3

EXPONENTIAL TECHNOLOGICAL CHANGE

URBANISATION & SUSTAINABILITY

DEMOGRAPHIC & SOCIAL CHANGE

THE SHIFTING ECONOMIC CENTER OF GRAVITY

4 TRENDS THAT IMPACT INNOVATION

Updated: 20/10/2015 5

THE SHIFTING ECONOMIC CENTER OF GRAVITY

TRENDS THAT IMPACT INNOVATION

Shifting Back to Its Origin

1 CE

1950

2025

China & India account

for 2/3 of global

economic activities.

Center of gravity

shifts over 3 centuries

to Europe (1st

Industrial Revolution).

Rise of China, India

and other emerging

economies could

move the center back

towards its origin.

Source: McKinsey Global Institute

Updated: 20/10/2015 6

DEMOGRAPHIC & SOCIAL CHANGE

TRENDS THAT IMPACT INNOVATION

Wealth

In 2015, the size of the

middle-class in Asia-pacific is

expected to overtake Europe

& North America combined1

Health

While it took ~100 years for Europe

& US populations above the age of 60

to double (7-15%), Asia will

accomplish this in 20 years2

1OECD 2010, PWC 2015 2Magnus, George; The age of aging, 2008

Updated: 20/10/2015 8

URBANISATION & SUSTAINABILITY

TRENDS THAT IMPACT INNOVATION

Source: Homi Kharas; Angus maddison; McKinsey Global Institute City Scope database.

3 billion people set to join

consuming class (1990 to 2025)

Over

50% will live in large cities

Updated: 20/10/2015 10

EXPONENTIAL TECHNOLOGICAL CHANGE

TRENDS THAT IMPACT INNOVATION

Source: McKinsey 2015

Updated: 20/10/2015 11

ASIA: THE NEW FRONTIER OF INNOVATION

Agenda

TRENDS THAT IMPACT INNOVATION

CAN ASIA WIN THE INNOVATION GAME?

OPEN INNOVATION: THE SINGAPORE STORY

MOVING BEYOND TECHNOLOGY TRANSFER

Updated: 20/10/2015 12

CAN ASIA WIN THE INNOVATION GAME?

15 Asia-Pacific

Universities in the

top 50 universities

in the world1

2 each from:

• Singapore

• Japan

• China

• Hong Kong

• Korea

5 from Australia

USPTO cites 6 Asian

Institutes within the

top 20 for “Patent

Power” 2

Including:

• A*STAR

• JST (Japan)

• METI (Japan)

• AIST (Japan)

Global Innovation Index

lists 5 Asian Countries

within the top 30

innovative economies3

Including:

• Singapore

• Japan

• Hong Kong

• R of Korea

• China

1QS World University Ranking, 2015 2IEEE., Patent Power 2014 3Global Innovation Index Ranking, 2015

Updated: 20/10/2015 13

CAN ASIA WIN THE INNOVATION GAME?

Global Uncertainties

• Power shift from West to East

• Climatic Changes

• New Trade Corridors

• Theatres of Conflicts

INNOVATION CHALLENGES

Innovation Roadblocks

• Cost of doing business

• Productivity Saturation

• Economic Inequality

• Success Stress

Bhat, Frost & Sullivan (2015)

Updated: 20/10/2015 14

CAN ASIA WIN THE INNOVATION GAME?

Potential TALENT DEFICIT in 2021

Source: Oxford Economics

Updated: 20/10/2015 15

CAN ASIA WIN THE INNOVATION GAME?

GRADUATION RATE in STEM DEGREE

Source: Dobbs et al, No ordinary disruption

Updated: 20/10/2015 16

CAN ASIA WIN THE INNOVATION GAME?

EXTERNAL MARKET is getting VOLATILE

Source: Standard & Poor; McKinsey Global Institute analysis

Number of “3-sigma” days where S&P price changes are

beyond three standard deviations from mean

1 1 2 3 3 12 Average number of days per year

Updated: 20/10/2015 17

CAN ASIA WIN THE INNOVATION GAME?

TRADE ROUTES are getting COMPLEX

Source:; McKinsey Global Institute

Updated: 20/10/2015 18

CAN ASIA WIN THE INNOVATION GAME?

Aiginger et al (2013)

A New Perspective to Competitiveness

“Ability of a country (region, location) to deliver the beyond-

GDP goals for its citizen today and tomorrow”

Price Competitiveness

Quality Competitiveness

Outcome Competitiveness

Updated: 20/10/2015 19

CAN ASIA WIN THE INNOVATION GAME?

Source: Holman M, LUX Research 2015

Mass Customization (3D Printing)

Digital Fabrication in Construction

Wearables Point-of-Care

Pre & Probiotics

Energy - Waste-to-Energy - Energy Storage - Energy Electronics - Alternative Sources

In February 2015, Lux asked their experts what emerging technologies would shape the world

EMERGING TECHNOLOGIES

Updated: 20/10/2015 20

CAN ASIA WIN THE INNOVATION GAME?

Wearables

Point-of-Care

Pre & Probiotics

Energy Monitoring

Biomass-to-Chemical

ICT

Microgrid

Process Optimisation

Data Analytics

Material Development

Autonomous vehicle

Data Analytics

Source: A*STAR, Bhat, Frost & Sullivan (2015)

EMERGING TECHNOLOGIES

Updated: 20/10/2015 21

“Open innovation is the use of purposive inflows and outflows of knowledge to accelerate internal innovation, and expand the markets for external use of innovation, respectively. This paradigm assumes that firms can and should use external ideas as well as internal ideas, and internal and external paths to market, as they look to advance their technology.”

CAN ASIA WIN THE INNOVATION GAME?

Henry Chesbrough Open Innovation: Researching a New Paradigm

OPEN INNOVATION

Updated: 20/10/2015 22

CAN ASIA WIN THE INNOVATION GAME?

Launched an open innovation project healthymagination. Awards up to $100 million

over five years for breast cancer research.

Connect and Develop: Targets an additional $3 billion of revenue growth/year by partnering external innovators

Committed up to ~US$60m for HP Labs Open Innovation programme

Set up a network of Centers for Therapeutic Innovation with academic medical centers, the

first receiving $85 million over 5 years.

OPEN INNOVATION

Updated: 20/10/2015 23

ASIA: THE NEW FRONTIER OF INNOVATION

Agenda

TRENDS THAT IMPACT INNOVATION

CAN ASIA WIN THE INNOVATION GAME?

OPEN INNOVATION: THE SINGAPORE STORY

MOVING BEYOND TECHNOLOGY TRANSFER

Updated: 20/10/2015 24

A Regional Hub:

For half the world’s population

(3.4 billion people)

For markets worth US$21.2 trillion (S$26.8 trillion)

A Well Connected Global City

English Speaking

Cosmopolitan Environment

Most Liveable City in Asia

Sources: World Bank, International Monetary Fund, 2012 Cities of Opportunity study by PwC

OPEN INNOVATION:THE SINGAPORE STORY a regional hub

Updated: 20/10/2015 25

►7,000 Multinational Corporations 60% with global or regional headquarters.

► 37,400 International Companies Including 3,200 from China, 4,400 from India, and 7,900 from ASEAN.

► 170,000 Small & Medium Enterprises 1,000 identified with the goal of growing revenues to S$100 million. Source: Accounting & Corporate Regulatory Authority (2Q 2010), Department of Statistics, Economic Strategies Committee

Ease of Doing Business Strong IP Protection

Source: Labour Force Evaluation Measure (2014), BERI

Best Labour Force 92

80

79

77

76

75

70

70

69

67

Singapore

United States

Taiwan

Switzerland

Belgium

Japan

Ireland

Sweden

Australia

Netherlands

Rank Country

1 Singapore

2 New Zealand

3 Hong Kong

4 United States

5 Denmark

Source: Ease of Doing Business Index (2014), World Bank

Rank Country

1 Switzerland

2 Singapore

3 United States

4 Finland

5 Germany

Source: Global Competitiveness Report

(2014/5), World Economic Forum

OPEN INNOVATION:THE SINGAPORE STORY a vibrant business hub

Updated: 20/10/2015 26

OPEN INNOVATION:THE SINGAPORE STORY An innovation ecosystem

CREATE Campus

Cleantech Park

Academia

Industrial Parks

Mediapolis

Tuas Biomedical

Park

A*STAR

Biopolis and Fusionopolis

Seletar Aerospace Park Lee Kong Chian School

of Medicine

SUTD

Duke-NUS Graduate Medical School

Singapore Management University

Science Park National University of Singapore

Jurong Island

Nanyang Technological University

Updated: 20/10/2015 27

We advance science and develop

innovative technology to further

economic growth and improve lives

MISSION

The Agency for Science, Technology and Research (A*STAR) drives mission-oriented research that advances scientific discovery and technological innovation. We play a key role in nurturing and developing talent and leaders for our Research Institutes, the wider research community, and industry.

A global leader in science,

technology and open innovation

VISION

The Agency for Science, Technology and Research (A*STAR) is a catalyst, enabler and convenor of significant research

initiatives among the research community in Singapore and beyond. Through open innovation, we collaborate with our

partners in both the public and private sectors, and bring science and technology to benefit the economy and society.

Updated: 20/10/2015 28

OPEN INNOVATION:THE SINGAPORE STORY An innovation led agency

Updated: 20/10/2015 29

Many to One STRATEGIC PARTNERSHIP

One to One PARTNERSHIPS | PROJECTS

Many to Many CONSORTIA

One to Many CONSORTIA

COMPANY

COMPANY A*STAR

RI

A*STAR

RI

IHL PUBLIC

AGENCY

A*STAR

RI MNC LE

PUBLIC AGENCY

SME

A*STAR

RI

LE SME

IHL

MNC

COMPANIES ENGAGED

RIs

/PU

BLI

C A

GEN

CIE

S IN

VO

LVED

RI: Research Institute IHL: Institute of Higher Learning MNC: Multi-National Company LE: Local Enterprise SME: Small & Medium Enterprise

OPEN INNOVATION:THE SINGAPORE STORY Reliant on Open Innovation

Updated: 20/10/2015 30

OPEN INNOVATION:THE SINGAPORE STORY Open Innovation Stories

One to One ENGAGEMENTS

Building partnerships with companies in

targeted research areas

Arkray’s 1st R&D centre outside Japan $9.1 million investment

5-year partnership

Partnering for better diagnosis Novel detection kits for infectious

diseases

Joint lab: Baidu-I2R Research Centre

Setting up a center of Excellence in Advanced Packaging in Singapore

Collaboration on compressing genome data

Updated: 20/10/2015 31

OPEN INNOVATION:THE SINGAPORE STORY Open Innovation Stories

One to Many CONSORTIA

Leveraging an RI to bring companies

together to collaborate on common research

areas

To demonstrate applications of nanoimprint technology and develop roll-to-roll nanoimprinting

Industrial Consortium on Nanoimprint

Providing access to next generation manufacturing technologies

Innovative Processing of Specialties and Pharmaceuticals (iPSP)

Updated: 20/10/2015 32

OPEN INNOVATION:THE SINGAPORE STORY Open Innovation Stories

Many to One STRATEGIC PARTNERSHIPS

Integrating scientific capabilities across

disciplines for impact

$250 million, 32,000 sqm facility 500-man Singapore Innovation Centre MRCA renewal in Aug 2013 Beauty and grooming, health and well-being & household care

A*STAR – P&G MRCA

A*STAR-Lloyd’s Register Master Research Collaboration

5-year MRCA in innovations and solutions for the Energy and

Maritime sectors

Updated: 20/10/2015 33

OPEN INNOVATION:THE SINGAPORE STORY Open Innovation Stories

Many to Many CONSORTIA

Creating effective platforms for both public and private

sectors to collaborate

3 Countries 5 Member institutes 30 Principal Investigators 200 Scientists Multiple industry Collaborators

EpiGen Consortium

To drive innovation and sustain

competitiveness of local aerospace

industry through R&D

R&D Focus •Computational Modelling & Dynamics •Advanced Materials •Manufacturing Processes & Automation •Inspection & NDT •Information & Communication

Aerospace Consortium

Updated: 20/10/2015 34

ASIA: THE NEW FRONTIER OF INNOVATION

Agenda

TRENDS THAT IMPACT INNOVATION

CAN ASIA WIN THE INNOVATION GAME?

OPEN INNOVATION: THE SINGAPORE STORY

MOVING BEYOND TECHNOLOGY TRANSFER

Updated: 20/10/2015 35

MOVING BEYOND TECHNOLOGY TRANSFER

PROTECT KNOWLEDGE

Manage A*STAR’s

IP portfolio

INCUBATE TECHNOLOGY

Improve technology readiness levels for industry adoption

TRANSFER KNOWLEDGE

Commercialise technology

IP Management Bridging the Gap Licensing/

Spin-off

Val

ue

Ch

ain

ETPL is the commercialisation arm of the Agency for Science, Technology and Research (A*STAR). We support A*STAR in transforming the economy by driving innovation and commercialising research outcomes

Updated: 20/10/2015 36

BUT, WE’RE INNOVATING INNOVATION

IP Proliferation Gap-funding

MOVING BEYOND TECHNOLOGY TRANSFER

Increasing the quantity of Intellectual Property (IP) created from A*STAR’s research institutes for the purpose of value creation.

ETPL’s “Technology Incubation” funding scheme to drive the technology development and business incubation processes to a higher readiness level.

BUT, WE’RE INNOVATING INNOVATION

Increasing the quantity of Intellectual Property(IP) created from A*STAR’s research institutes for the purpose of value creation.

Shaping for Success

• Informing Research through market need discovery • Working with industry to drive outcome-driven innovation

• Delivering technologies that you want • Creating ready for market products & services with you • More impact with start-ups

Updated: 20/10/2015 37

MULTI-NATIONALS SMALL-MEDIUM ENTERPRISES

START-UPS

Shaping for Success

MOVING BEYOND TECHNOLOGY TRANSFER Innovating in the business of innovation

JOINT- DEVELOPMENT OF PRODUCTS & SERVICES ETPL will work with companies to bring technologies to market; We will work with you to develop new products, services and business streams

• Joint Development • Joint IP • Jointly Created

Products & Services

• Strategic Investment

• A*STAR IP • Capabilities • RSEs

Updated: 20/10/2015 38

MULTI-NATIONALS SMALL-MEDIUM ENTERPRISES

START-UPS

Shaping for Success

MOVING BEYOND TECHNOLOGY TRANSFER Innovating in the business of innovation

• Joint Research

• Joint IP / Products

GIVING SPIN-OFFS & START-UPS A HEADSTART ETPL will work with companies through various mechanisms, including the development of a new ventures to bring innovative products & services to the market

A*STAR SPIN-OFF

• Company IP Strategic Inv.

• Working Capital • Market access

• A*STAR IP • Capabilties • RSEs

Updated: 20/10/2015 39

MULTI-NATIONALS SMALL-MEDIUM ENTERPRISES

START-UPS

Shaping for Success

MOVING BEYOND TECHNOLOGY TRANSFER Innovating in the business of innovation

A*START CENTRAL

ETPL will incubate start-ups and spin-offs by • Our proximity to multi-

disciplinary R&D community • Connecting entrepreneurs to

business opportunities and market expertise

• Physical infrastructure

Updated: 20/10/2015 40

OPEN INNOVATION OPPORTUNITIES

Updated: 20/10/2015 41

OPEN INNOVATION OPPORTUNITIES

Mic

roR

NA

De

velo

pm

en

t

Updated: 20/10/2015 42

Trit

ium

: IEE

E80

2.1

1ad

Ch

ipse

t

OPEN INNOVATION OPPORTUNITIES

Updated: 20/10/2015 43

Bra

in-C

om

pu

ter

Inte

rfac

e (

BC

I)

OPEN INNOVATION OPPORTUNITIES

Updated: 20/10/2015 44

• Asia has arrived. The economic center of gravity brings with it the innovative center of gravity

• Innovation is critical. National and global shifts demand that we continue to innovate

• One cannot innovate alone. Open innovation will allow us to push the boundaries further and faster

• Innovate with us. A*STAR & ETPL bring to the table a microcosm of global innovation. Though our globally heralded talent, our world-class research & innovation infrastructure , and our leading edge science and technology.

KEY TAKEAWAYS ETPL - your innovation partner

Updated: 20/10/2015 45

Innovate Together

Updated: 20/10/2015 46

ASIA: THE NEW FRONTIER OF INNOVATION

thank you