The time period since early 2020 has been pivotal for the world. In the face of simultaneous challenges posed by the COVID-19 pandemic, the effects of climate change, and the needs of an ever-expanding global population, there has never been more pressure for rapid innovation.
At Clarivate, we believe innovation plays a major role in human advancement. Public policy, legislation, economic systems, and regulation combine to drive this advancement. Organizations worldwide are presented with a historic opportunity to innovate and find new avenues for growth.
Across the globe, economies are investing in innovation, such as increased government funding for organizations devoted to research and development. Moreover, many national strategies are prioritizing science and technology at the center of the decision-making process to drive policies, allocate resources, and cooperate internationally.
For this report on innovation in South and Southeast Asia, we used Clarivate resources: Derwent World Patent Index™ (DWPI) and Derwent Patent Citation Index™ (DPCI), a leading comprehensive, enriched database patent information.
Download a copy of this report and find out who are the top innovators in South and Southeast Asia that are reimagining today’s problems to build a better and more resilient world.
INNOVATION IN NUMBERS
More research grants are made available to academic and research institutions to address relevant societal problems such as climate change. The academic institution and government research institution now accounts for 58% of the overall distribution in the segment compared to 42% from corporations.
TOP INNOVATORS IN SOUTH AND SOUTHEAST ASIA
India tops the list with the most innovators from government research institutions, academic institutions and corporations segment. See who are the other top innovators across eight countries: Indonesia, Malaysia, Philippines, Singapore, Sri Lanka, Thailand, and Vietnam.
CONSTRUCTIVE DIALOGUES BETWEEN POLICY MAKERS AND INDUSTRY PLAYERS IS KEY
A collaborative strategy in the ecosystem to achieve a shared objective is fundamental to ensuring success in innovation. A*Star for example, collaborated with the Experimental Drug Development Centre (EDDC) and Tan Tock Seng Hospital to develop the Fortitude Kit, the first “ready-made test kit” that detected the COVID-19 virus quickly with high accuracy.
SUSTAINABILITY CONTINUES TO GAIN MORE TRACTION
The speed at which companies integrate sustainability into their business model is crucial to create a competitive advantage over its competition. India-based multinational automotive manufacturing corporation, Mahindra and Mahindra is revolutionizing first and last-mile connectivity by building an electric vehicle (EV) ecosystem.
RAZER AND GRAB UNLOCK NEW MARKET OPPORTUNITIES
Leading innovators such as Razer and Grab are creating networks that grow along with customers and their evolving lifestyle needs to win new market share. Razer diversified its supply lines to a mask-production facility in an attempt to help medical professionals deal with the COVID-19 threat. Grab rapidly transition from being a ride-hailing business to a “super-app” offering services from food delivery to now, digital payments, health care, and financial services.
ENABLING IP FOR MARKET CAPITALIZATION
A well-planned IP strategy is required to guide future endeavors pave way for new ideas to flourish. In India, the government has introduced new initiatives including Make in India, Accelerating Growth of New India’s Innovations (AGNIi) and Start-Up India aimed at nurturing innovative energies in the country. Likewise, BRIGHT 2020-2025 is introduced in the Phillippines to steer the country toward a more progressive nation using IP assets.