To date, only a precious few ‘unicorns’ — start-ups that reach valuations of US$1B—such as Grab and Garena have emerged in Singapore. What conditions need to change to drive a wave of local startup successes with global reach?
Can Singapore claim back its top 10 most entrepreneurial countries ranking and become the Silicon Valley of Asia? We put the question to SMU Prof Arcot Desai Narasimhalu.