Page 33 - Scholarship Guide Aug 2020
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                                                                                  research institutes and tertiary institutions
                                                                                  further promotes greater cohesion between
                                                                                  academia and industry.

                                                                                  Looking from an academic perspective, over
                                                                                  the years, our Ministry of Education (MOE)
                                                                                  has placed greater importance and emphasis
                                                                                  on creativity by tweaking their curriculum
                                                                                  to encompass a more ‘‘holistic” approach to
                                                                                  education. Through a series of projects and
                                                                                  competitions, students (as early on in primary
                                                                                  school) are encouraged to exercise their right
            With the emergence of new platforms and   In the business world, Singapore has established   brain and are rewarded in the process. These
            practices today, there is undeniably a lot of   itself as a hub for innovation and research and   incentives work well to motivate students to
            ‘noise’ from competing companies which   development. Singapore is fondly referred   adopt an innovative approach in life. Teachers
            have in turn, signifi cantly reduced customers’   to as Asia’s innovative hub. It is passionately   have also adopted creative pedagogy practices
            receptiveness to any particular product. This   pursuing its vision to become a leading testbed   to teach syllabus and consistently provide
            is also another reason why companies are   where companies are embraced as they   opportunities for greater inventiveness in the
            constantly challenged to  fi nd creative ways   experiment new solutions for global markets.   classroom.
            to engage their customers and procure their   As much as this may all seem daunting to some
            loyalty in order to stay alive and running or   companies who are afraid to take risks and   Our future is changing and we must invest
            otherwise, run the risk of becoming obsolete.  manage potential losses, it is also exciting to   in the right skills for the jobs of tomorrow.
                                               behold the limitless opportunities that are in   To drive this transformation successfully,
            According to Bloomberg’s Innovation Index   sight in our near future. Some of the creative   we  fi rst and foremost, must understand the
            (2018), Singapore was ranked as the third   innovations that are being brought to the   importance for diversity and inclusivity in
            most innovative city in the world. It is thus no   market today are autonomous vehicles (Volvo),   ideas and perspectives to propel us forward.
            surprise that many companies are focusing on   virtual reality glasses (Microsoft) and the use of   Creativity remains a key catalyst for change.
            creative solutions and innovation as a strategy   artifi cial intelligence and robotics in healthcare,   Recognising and honing this skill will prepare
            to stand out amongst growing competition.   to name a few.            students and working professionals to not
            This has also contributed to a booming start-                         only stay relevant, but become indispensable
            up scene in Singapore where companies such   We also see our government’s commitment to   employees in the next decade and more.
            as Ninja Van, RedMart and Carousell are   Research and Development refl ected through
            provided with an ideal environment to succeed   institutions such as A*STAR. According to an
            and expand their business ventures.  EDB Singapore (in partnership with Forbes)
                                               article written in 2018, “The government’s   References:
            Creativity thrives in an open culture where an   Research, Innovation and Enterprise Plan   1. https://lkyspp.nus.edu.sg/docs/default-
            exchange of ideas, individuality and divergence   (RIE 2020), has targeted S$19 billion to be   source/ips/10_creativity-and-innovation-in-
            is encouraged. This gives room for different   invested in the country’s R&D capabilities,   singapore-economy_7.pdf
            perspectives to be exchanged, thereby creating   enterprise innovation and entrepreneurship   2. https://www.edb.gov.sg/en/news-and-
            a future fi lled with possibilities found outside a   over the next  fi ve years.” Furthermore, we   events/insights/innovation/thriving-at-the-
            box. Willingness to take risks without the fear   also see our government’s hand in resources   heart-of-the-worlds-growth-engine.html
            of failure is another key factor for an innovative   allocation to support the technology-driven
            culture to  fl ourish. In a merit-based society   startup ecosystem found predominantly in
            like Singapore, this could be a challenge.   Block 71, 73 and 79. Comprising of start-ups,
            However, in order to remain relevant globally,   accelerators and venture capitalists, this close-
            Singapore has recognised its importance and   knit community has expanded to include JTC
            has gradually taken small steps to welcome   LaunchPad at One North, which is dedicated to
            with open arms, a creative future in both the   nurturing innovations and an entrepreneurial
            business and academic spheres.     spirit. Its unique location near public and private
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