What are the keys to high performing RDI ecosystems?

The United States, Japan, France, and Singapore are recognized as leaders in innovation due to their strategic approaches to fostering RDI, which are tailored to their unique strengths, needs, and cultural values.

The study identifies several core strategies that underpin successful RDI ecosystems. Firstly, investing in innovation capacity is crucial. This involves nurturing human capital through STEM education and providing stable, long-term funding for RDI infrastructure. The US, for example, has a robust pipeline of talent supported by historical policies like the Morrill Act and the GI Bill, which democratized access to education and expanded the pool of scientific and engineering talent. Similarly, Japan's focus on STEM education and regional development initiatives like the Digital Garden City Nation have been pivotal in building its innovation capacity.

Creating an environment conducive to innovation is another critical factor. This involves fostering collaboration between academia, industry, and government, as well as establishing a stable regulatory framework that secures intellectual property and attracts investment. The US exemplifies this through its public-private partnerships and strong IP frameworks, while Singapore's pro-business policies and robust IP protections have been effective in attracting global RDI partners.

Leveraging existing strengths is also essential. Nations that capitalize on their inherent strengths can build effective RDI ecosystems more easily. The US leverages its world-class universities and geographic diversity, Japan focuses on precision craftsmanship, and France draws on its intellectual heritage. Singapore, despite its lack of natural resources, has become a global innovation hub by prioritizing STEM education and creating a conducive environment for RDI.