What is driving Asia’s technological rise?

Enhancing technological collaboration remains a priority for Asia and the rest of the world.

Asia is a technological force to be reckoned with. Over the last decade, the region has accounted for 52 percent of global growth in tech-company revenues, 43 percent of startup funding, 51 percent of spending on research and development, and 87 percent of patents filed, according to new research by the McKinsey Global Institute (MGI). How did Asia get here, and what lessons does its success hold for the rest of the world?