Frost & Sullivan Recognizes A*STAR, Singapore with the 2012 Asia Pacific National Innovation Development Award

Frost & Sullivan Recognizes A*STAR, Singapore with the 2012 Asia Pacific National Innovation Development Award PR Newswire MOUNTAIN VIEW, California, Sept. 11, 2012 - The agency's strategic efforts have been monumental in positioning Singapore as a global research and innovation capital MOUNTAIN VIEW, California, Sept. 11, 2012 /PRNewswire/ -- Based on its recent analysis of the applied sciences and technology market, Frost & Sullivan recognizes the Agency for Science, Technology and Research (A*STAR), Singapore with the 2012 Asia Pacific Frost & Sullivan Award for National Innovation Development. The award lauds excellence in driving development by implementing strategies that proactively create value for investors in applied sciences and technology. "While research and development (R&D) has been increasingly occupying center stage as a key factor for sustainable long-term economic growth, translating R&D investments into palpable competitive advantages for the economy is a continuous challenge for economic development agencies," noted Frost & Sullivan VP, Emerging Market Innovation and Economic Development Innovation, Sath Rao.