detail - Regional Programme Political Dialogue Asia/Singapore
Study and Information Program
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Innovation as source of long-term global economic growth and improvements in quality of live is a key factor in society and economy. Consequently, policymakers are aiming to develop environments that will foster innovation and its resulting positive benefits. Today, especially digital products and services are transforming industries and propelling progress. In this technological revolution, policymakers need to evaluate and respond to fast-moving issues and circumstances and coordinate disparate policies toward scientific research, technology commercialization, education and skills development, and regulatory policies in an integrated fashion that drives economic growth.
In Germany the government as well as companies invest heavily in research and development (R&D) and the automotive, engineering, and chemical industries are very strong in research and innovation. Compared to other countries Germany performs poorly in the field of digital technologies though. There are encouraging start-up clusters in a few leading cities, such as Munich and Berlin. But truly innovative start-ups with disruptive technologies that become global are not being founded (yet).
Therefore, the question arises: How can a we encourage innovation? How can regulatory policies create an environment conducive for digital innovation? What should governments do to capitalize on new opportunities, overcome challenges, and avoid potential pitfalls? What do companies need to be more innovative? How can we create a culture of entrepreneurship? What are the risks and concerns and how do we manage them?
This week long visit to Berlin shall provide insight into the status quo of digital transformation and digital innovation in Germany and shall gather experts from across Asia to discuss global challenges with their German counterparts. The 5-day programme will comprise of a mix of events and meetings with government representatives and Members of Parliament as well as start ups, research institutes, and think tanks.