An overview of innovation ecosystem in Malaysia

Malaysia aspires to become high income nation by 2020. The Government Transformation Program (GTP) has set by 2020, the GNI percapita will be RM48,000 and the creation of high-income jobs of 3.3 Millions. In order to achieve the desired outcome, the government has identified 12 NKEA areas with 131 entry point projects to be carried out. One of the 12 NKEAs which is Electrical and Electronics is expected to create GNI of RM90B and the creation of 157,000 jobs. The areas identified in the E&E are LED, Solar, industrial electronics and home appliances, Semiconductor as well as nanotechnology that will include the creation of whole value chain industry. Additionally the National Science and Research Council (NSRC) has identified 9 sectors that Malaysia must pursue for it to become a competitive nation in the future. Thus for Malaysia to succeed in the future, its innovation ecosystem must be strengthen and improved; thus The Quadruple Helix framework; ie the collaboration between IHLs and Industry supported by government policies and financial supports must be promoted. This presentation will address the issues of the innovation ecosystem and the quadruple helix. The roles of industry; ie particularly in the technology deployment in the GTP/ETP initiatives as well as various corridors across the country will be linked to the IHLs through the setting up of the COEs in the universities. Various grants schemes to support the R&D&C will be highlighted and some of the issues in the technology commercialisation will be presented. Some proposals in the creation of High Impact Research programs will be proposed that in line with the GTP/ETP which could be funded by various government funding agencies.