22 Mar '17, 9pm

Innovation, ecosystem support key to startup growth, job creation

Innovation, ecosystem support key to startup growth, job creation

INNOVATION and ecosystem support positively impact startup growth and job creation in Singapore, according to a new National University of Singapore (NUS) study, findings of which were exclusively presented at The Business Times Leaders' Forum 2017 on Wednesday. Titled "Growth and Job Creation Dynamics of High-tech Startups in Singapore", the study polled 530 local tech startups between May and December last year. The study first made a distinction between two groups of startups: "job creators" and "non-creators". While the former comprise the top 25 per cent of startups that create the most number of jobs per year, the latter are startups that create zero or negative jobs. The mean age of job creators is four, while that of non-creators is 3.5. sentifi.com Market voices on: Going by the study, job creators were more innovative than non-creators. A higher percentage of job...

Full article: http://www.businesstimes.com.sg/technology/innovation-eco...

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