Singapore legislation

Clause 10

of National Research Fund Bill

Clause 10

Research, Innovation and Enterprise Council

There shall be a body known as the Research, Innovation and Enterprise Council comprising such persons from the private sector and public sector as the Minister thinks fit, and whose functions shall be —

(a)

to provide advice and guidance to the Government in the formulation of its policies and laws on all types of research and development activities and innovation in Singapore; and

(b)

to lead in the promotion of all aspects of research and development activities and innovation in Singapore, by identifying and promoting activities and programmes that will make Singapore more internationally competitive and alerting the public and private sectors to any new business opportunities that arise from the exploitation of results of any research and development activities or innovation.