Abstract

This study assesses the scientific, technological, and innovative performance of the member countries of the Association of South-east Asian Nations (ASEAN)-5. The term "ASEAN-5" is used to denote the initial five member countries of the Association of South-east Asian Nations (ASEAN), namely Indonesia, Malaysia, Philippines, Singapore, and Thailand. This study aims to reassess extensive datasets from various countries by encompassing multiple dimensions of indicators to evaluate the performance and growth of science, technology, and innovation (STI) through regression analysis. This study also compares the previous findings regarding the science, technology, and innovation (STI) policy in ASEAN countries. The result of this study identified that human resources, especially number of researchers in ASEAN-5 countries is the most significant factors to effect STI performance. Other than that, intellectual properties also somehow can affect STI performance of ASEAN-5 countries. The discovery of this study can also serve as an assessment tool for monitoring progress in the implementation of 'Vision 2025'.