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?

Dr. Mandy Mok KIM MAN | University of Reading, UK
Kim Thanh LE | Nikkei BizRuptors

Published On 06 Dec 2024

Last Updated On 06 Dec 2024

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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(1) Regarding Case Study Content: This case study is based mainly on secondary data and analysis of publicly available information unless otherwise stated, and is intended solely for educational purposes. Any opinions expressed by the author(s) are designed to facilitate learning discussion and do not serve to illustrate the effectiveness of the company. Additionally, banner images and logos used in the case study are intended for visualization in an educational setting and it is not used to represent or brand the company. For any dispute regarding the content and usage of images and logos, please contact the team.

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