
Singapore’s Opportunities In Biotech Crops
February 2, 2007 |
Singapore, though a non-agricultural country, should exploit the opportunities brought about by biotech crops. The country is a knowledge hub, generating biotechnology intellectual property (IP), and exploiting economic gains from technology licensing and provision of reliable support services. It is also a net importer, sourcing reliable, quality-assured supplies. This was forwarded by Dr. Paul Teng, Dean of the Graduate Programs and Research, Nanyang Institute of Education, Singapore during a public forum on the commercialization of biotech crops 1996-2006 and future prospects held at the Matrix, Biopolis, Singapore.
Dr. Teng enumerated several opportunities for Singapore. These include:
- Capability development through specialized professional development courses, seminars and conferences; workshops; and on-the-job assignments
- Intellectual property generation/product development through IP audits, public-private IP brokering/technology transfer
- Incubator support (support infrastructure)
- Financing (public/private equity development)
- Services (food/feed safety testing for regulatory compliance)
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