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tively to economic development.
A*STAR has worked dedicatedly in facilitating research that catalyzes environmental sustainability. The agency is closely involved with private and public sector participants to render its own expertise in R&D and innovation. In addition, it follows a "concierge approach," whereby it facilitates co-ordination with government agencies, hospitals, universities, and other associations to collate the right resources required to add value to investors and other ventures in Singapore.
Overall, A*STAR has been continuously evolving over the past decade, developing pioneering strategic initiatives that have increasingly helped Singapore become a major innovation hub in Asia. For ensuring that Singapore possesses the advantages it requires when it comes to science and technology innovation robustness, the agency is the worthy recipient of the 2012 Asia Pacific Frost & Sullivan Award for National Innovation Development in the applied sciences and technology market.
Frost & Sullivan presents this inaugural National Innovation Development Award to the agency that has improved and nurtured the innovation ecosystem of a country. The award recognizes the agency's inordinate focus on enhancing a country or region's science and technology competence, beyond simply positioning itself as a mere channel to invest.
Frost & Sullivan Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research in order to identify best practices in the industry.
About Agency for Science, Technology and Research
The Agency for Science, Technology and Research (A*STAR) is Singapore
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