Australia and East Asia

The advancement of science and technology (S&T) in the East Asian region was stimulated by the S&T-based developmental success of Japan and is now benefiting further from the more recent success of the four newly industrialized countries (NICs) of Asia. These countries - the Republic of Korea, Taiwan, Singapore and Hong Kong - have demonstrated the value of S&T in economic development by increasing productivity and growth through skilled science management. Neighbouring non- NIC countries like Indonesia, Thailand, Malaysia and the Philippines have attempted to emulate the economic success of the NICs by imitating their science management techniques. And they are very likely to achieve industrial sector growth similar to the NICs because they already possess very similar science institutions and infrastructure as well as some comparable S&T capacities.

Sustainable Development Goals:

Decent Work and Economic Growth