Asia Compact: Innovation and Entrepreneurship in Singapore and Southeast Asia (IESSA) In the spring semester of 2018, St.Gallen Institute of Management in Asia offered a new Asia Compact course for Master students of the University of St.Gallen - Innovation and Entrepreneurship in Singapore and Southeast Asia (IESSA). Taught by Dr. Mato Njavro, this dynamic course provided students with an overview of the business and economic context in Singapore and Southeast Asia through the lens of entrepreneurship and innovation. In addition to examining Singapore’s economic development model and how it changed over the years, IESSA students also learned about the country’s entrepreneurial ecosystem that promotes a culture of innovation and entrepreneurship. Students had an opportunity to learn more about how Singapore is preparing for the 4th industrial revolution with its Smart Nation initiative that harnesses the power of big data analytics and the internet of things. The city‑state is also at the cutting‑edge of autonomous vehicle technology and sustainable urban development. IESSA students visited the leading company in the field of autonomous driving technology (nuTonomy) where they discussed this state-of-the-art technology with the company’s COO. IESSA students also met with the Managing Director of the Economic Development Board as well as the founder and the CEO of one of Singapore’s most exciting technology company – HOPE Technik. In their session with the guest speaker from the Centre for Strategic Futures (think tank within Prime Minister’s Office), students learned about the concept of entrepreneurial state and how state can drive innovation. These lessons were further reinforced during the visit to the (NEWater) recycled water production facility. It was truly an unforgettable week for all students who came away with broadened perspectives of what Innovation and Entrepreneurship in Singapore and Southeast Asia really means.