National Instruments of Southeast Asia
Local universities are contributing significantly to the growth of Singapore's business sector. Firstly, by feeding Singapore's multinational business landscape with high-quality graduates; and secondly, by directly engaging corporate partners in research, technology transfer and collaborative learning. Some of our long-standing academic partners in Singapore like NTU and NUS have used our technologies like LabVIEW for engineering research projects.
Our hope is for these students to take this learning further, to innovate, and develop products and become entrepreneurs.
Moving forward, universities can help boost entrepreneurship by giving more focus on applied innovation - working hand-in-hand with the business sector to generate ideas in the four corners of the classroom to solve real-world problems.
This can be done by creating engaging education experiences for students through interacting with experts in their fields to tap on their industrial knowledge and experience. At the same time, giving the students the access to applicatory tools and technologies, mentorship and guidance from the business sector also help them combine classroom concepts with practical experiments and simulations.
This will enable them to create their own intellectual property (IP), turn their ideas into solutions and products to address real-world challenges and contribute to the social and economic development of Singapore.
Regional Director, South-east Asia
Singapore is a knowledge-intensive economy, with people being our talent capital. Educational quality is thus a significant part of our Singapore conversation, and it is necessary for the country to continually invest in nurturing and developing students in order to bring out the best in them.
In this regard, local universities play a critical role by equipping students with practical skills and shaping them into future leaders, thus serving as important catalysts for businesses. It is essential for education to reflect current business needs, and universities need to remain relevant to today's globalised economy by going beyond the academic curriculum, adopting new approaches and facilitating a creative, innovative learning environment.
This can be enabled through technologies such as video collaboration, which challenge traditional learning boundaries, overcome physical barriers and grant students exposure to a wealth of knowledge from international experts. Such enriched educational initiatives expose students to global perspectives, moulding them into well-rounded and capable individuals, and ultimately contributing significantly to the quality of our future workforce.