Stanford Asia-Pacific Innovation
Innovation as a lens for evaluating Asia's future economic development
Key to Asia’s economic growth
Innovation is pivotal to the future course of Asia’s economic development. A multi-year, East Asia-focused research project by Shorenstein APARC helps promote innovation and entrepreneurship in the region.
Asia’s economies have undergone rapid advance in the twenty-first century, but they face some severe challenges to their continued growth. Innovation has been a critical factor in powering Asia’s economic rise, but conditions for innovation in Asia often remain problematic. Recognizing the importance of innovation to Asia's future development, Shorenstein APARC’s Stanford Asia-Pacific Innovation project formulates a research agenda that seeks to promote innovation and entrepreneurship in East Asia through academic and policy research.
The project began with an inaugural conference that was held at Stanford University in October 2017 and explored how businesses and innovation clusters are organized in East Asia. Scholars from Asia and the United States convened to examine five economies—of China, Japan, Korea, Singapore, and Taiwan—and to provide a comprehensive, comparative analysis of the region. Plans to publish the findings and policy implications of the participants’ research in an edited volume are underway. This volume is intended to serve as a valuable reference for scholars and policymakers interested in Asia's future economic development.
For its next step, the Stanford Asia-Pacific Innovation research agenda will focus on human capital and education policies that can help develop a more entrepreneurial and innovative workforce in East Asia, as well as on financial policies that can promote innovation and entrepreneurship in the region. These themes will be at the core of the next conference, slated for Beijing in September 2018. In 2019, the project will shift its attention to the intersection of aging, technology, and innovation, with a third conference to be held in South Korea.
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