Technology Commercialisation Accelerator (TCA): Forging Local Innovation Ecosystems for a High-Tech Nation to Give Rise to Innovation STI-Based Enterprises
May 11, 2022Malaysia Science Endownment (MSE): Harnessing Alternative Financing Tools to Sustainably Power R&D Activities
May 11, 2022MOSTI through Malaysian Science and Technology Information Centre (MASTIC) established an Inter-Agency Committee on Global Innovation Index Competitiveness Monitoring in December 2020 to systematically improve Malaysia’s performance in the upcoming editions of the Global Innovation Index (GII) reports.
Establishment of this Committee is also in-line with the target set in the 12th Malaysia Plan to elevate Malaysia’s position to be among the Top 20 nations in the GII by 2025. Currently, the GII 2021 reports that Malaysia is ranked 36 out of 132 countries; this is a decline from the position recorded in the GII 2020 report (33 out of 131 countries). Based on ASM’s analysis, there is little improvement in our performance to reach Top 20 Innovative Economies over the past ten years.
Within this Committee, MOSTI identified seven strategic partners to monitor Malaysia’s performances in the even pillars as listed in the GII report. ASM has been assigned to monitor the progress within the Human Capital and Research Pillar. This Working Group Committee is led by Professor Dr Yvonne Lim Ai Lian FASc.
Several meetings and stakeholder engagements were held throughout 2021 to identify short-, medium- and long-term strategies to improve Malaysia’s score and ranking towards being among the Top 20 nations by 2025.
The Working Group Committee on Human Capital and Research has achieved its milestone in reporting strategies & initiatives towards improving Malaysia’s GII scores and ranking which was set for year 2021. The next direction will be set by the Steering Committee of MOSTI.
