ASEAN - Strategic Growth in Science, Technology, and Innovation
From agricultural advancements to cutting-edge innovation hubs, ASEAN’s journey in science, technology, and innovation reflects a grand vision. As Singapore soars, others struggle to catch up. Can collective strategies unlock the region’s full potential?
At a glance
Formation
August 8, 1967, in Bangkok
Member Countries
Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, The Philippines, Singapore, Thailand, Vietnam
Vision 2020's STI
Science, Technology, and Innovation
Abstract
The Association of Southeast Asian Nations (ASEAN) aims to leverage science, technology, and innovation (STI) to drive economic growth and reduce disparities among its diverse member states.
Success stories like Singapore's innovation hub, Thailand's automotive industry, Vietnam's digital economy, and Malaysia's biotechnology advancements showcase the region's potential. However, continued efforts are needed to strengthen regional integration, foster innovation ecosystems, and address emerging challenges such as climate change and digital transformation.
This case study provides insights for policymakers and businesses seeking to capitalize on ASEAN's growing influence in the global economy.
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