Committee of Supply 2024 debate, Day 3: Shawn Huang on R&D efforts
Research and development (R&D) fuels the creation of new products, services and processes, enabling businesses to innovate and stay ahead of the competition, said MP Shawn Huang. Speaking in Parliament on Friday (Mar 1), he said it also encourages entrepreneurship by providing the knowledge base and technological advances necessary for the creation of start-ups. He wanted to know what initiatives and sectors the Ministry of Trade and Industry will be focusing on to grow the economy.
Research and development (R&D) fuels the creation of new products, services and processes, enabling businesses to innovate and stay ahead of the competition, said MP Shawn Huang. Speaking in Parliament on Friday (Mar 1), he said it also encourages entrepreneurship by providing the knowledge base and technological advances necessary for the creation of start-ups. He wanted to know what initiatives and sectors the Ministry of Trade and Industry will be focusing on to grow the economy.
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