Global Innovation Index (GII) Analysis

[vc_row][vc_column][vc_column_text]Establishment of the Inter-Agency Committee of Global Innovation Index (GII) Competitiveness

Monitoring Inter-Agency Committee of Global Innovation Index (GII) Competitiveness Monitoring was set up in December 2020 involving various ministries and related agencies as strategic partners with the aim to promote more systematic and effective monitoring of Malaysia’s competitiveness in GII to boost its position. This is also aligned with the target set in Rancangan Malaysia ke-12 (RMKe-12) for Malaysia to rank in the Top 20 in GII by 2025.

Malaysia currently ranked 33th out of 131 countries, showing an improvement from the previous year (35th out of 129 countries). However, Malaysia’s score declined from 42.68 (2019) to 42.42 in 2020.

ASM was appointed to chair one of the Working Group Committee (Human Capital and Research Cluster). Professor Dr Yvonne Lim Ai Lian FASc and Professor Dr Mohd Basyaruddin Abdul Rahman FASc are entrusted to carry out the role of Chair and Working Group Member, respectively. ASM has presented a deep dive analysis of the GII to the Committee elucidating Malaysia’s performance in comparison to top-performing countries and ASEAN counterparts that are climbing the rank, areas of improvements and proposed way forward. A collaborative and innovative approach among all stakeholders is needed to ensure timely data updates and devising collective strategies to improve Malaysia’s position in the index.[/vc_column_text][/vc_column][/vc_row]