Asia is shaping the future of global digital innovation, accounting for half of the world’s internet users and more than one-third of the world’s startup unicorns. Correspondingly, companies in the region are undertaking more innovation activities to capture new opportunities. In Singapore, business expenditure on R&D jumped 50% between 2008 and 2018. As companies look to accelerate their rate of innovation, many have looked to startups for inspiration, invention and partnership.
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