Government Initiatives Matter for Innovation in ASEAN

Improving global governance
Dec 05, 2019 | Economic Research Institute for ASEAN and East Asia, Masahito Ambashi

Concern is growing that some ASEAN member states (AMS) will see their growth in GDP per capita stagnating at the upper middle-income level. Masahito Ambashi of the Economic Research Institute for ASEAN and East Asia (ERIA) argues that AMS need to enhance their innovation capability to assure a technology-driven sustainable future.  Currently, many AMS face the risk of government policy failure. The author suggests the formation of a single body with unified authority and strong leadership under government control, to lead and coordinate innovation policies across various departments. This would enhance government initiatives for technological innovation in ASEAN.
http://www.eria.org/uploads/media/ERIA-PB-FY2019-03.pdf />

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