Innovation Guru Curt Carlson suggests we take a leaf out of Singapores book:-
"I just came back from Singapore where I work with the government.
They take a “different” approach and they are doing fine.
They actually do nothing that would be surprising they just stick to the fundamentals of innovation, economics, and business and work to continuously improve.
And guess what, it works.
Pretty good for a country that was in poverty 40 years ago without any significant infrastructure and now has a PPP GDP per capita 20-30% above USA. And this with no water, resources, agriculture, energy, hardly any land, and many enemies.
They do have a port, but they had to develop that too. They are not us, but we can learn a lot from them. The fundamentals work."
Curtis R. Carlson, Ph.D.
Founder and CEO, Practice of Innovation
Former President and CEO of SRI International, 1998-2014