ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Interview: Singapore needs new mindset to be an innovation hot spot

Deputy PM Teo on what makes the state competitive -- and what needs to change

| Singapore

SINGAPORE To prosper as an international hub, Singapore needs a change of mindset, according to Deputy Prime Minister Teo Chee Hean, who also sees "many opportunities" to work with China as its enters a new phase of growth.

Teo, who also serves as coordinating minister for national security and chairman of the National Research Foundation, told the Nikkei Asian Review that Singaporeans must take more risks and be prepared to fail -- and then try again.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more