Innovation and Entrepreneurship in Singapore and Southeast Asia (IESSA) (University of St.Gallen)

In the spring semester of 2019 (8th to 13th of April), the St.Gallen Institute of Management in Asia offered for the second time our Asia Compact course on “Innovation and Entrepreneurship in Singapore and Southeast Asia (IESSA)” for Master students of the University of St.Gallen.

Taught by Dr. Mato Njavro, this dynamic course provided students with an overview of the business and economic context in Singapore and Southeast Asia through the lens of entrepreneurship and innovation. In addition to examining Singapore’s economic development model and how it changed over the years, IESSA students also learned about the country’s entrepreneurial ecosystem that promotes a culture of innovation and entrepreneurship.

Students had an opportunity to learn more about how Singapore is preparing for the 4th industrial revolution with its Smart Nation initiative that harnesses the power of big data analytics and the internet of things. The city‑state is also at the cutting‑edge of autonomous vehicle technology and sustainable urban development. IESSA students visited the leading automotive OEM, Continental, and its large R&D centre in Singapore focusing on autonomous driving technology. Our students discussed this state-of-the-art technology with the company’s CEO, Mr. Lo Kien Foh. IESSA students also met with the Assistant Managing Director of the Economic Development Board (Mr Kelvin Wong) as well as the founder and the CEO of one of Singapore’s most exciting technology company – HOPE Technik. In their session with the GM of GoJek Singapore (Mr. Lien Choong Luen), our students learned about the one truly Asian innovation – the superapp – and how it can help solve various societal problems. It was truly an unforgettable week for all students who came away with broadened perspectives of what Innovation and Entrepreneurship in Singapore and Southeast Asia really means.