An industry-led collaborative network that involving quadruple helix (industry, research community, government and civil society) for disruptive innovation.


Goal of i-Connect

To facilitate Malaysian industries to leverage on science and technology to develop innovative home-grown products and solutions to pursue new economic opportunities in emerging global markets while nurturing the growth of conducive innovations ecosystems based on collaborative networks.

Objectives


  • Establish a collaborative network for disruptive innovation (new products/ service/ business models) in strategic industry sectors for Malaysia to leverage new economic opportunities to serve emerging markets and expand global reach;
  • Develop knowledge clusters and talent hub that Malaysian industries can engage towards becoming an innovation-led economy; and
  • Enable demand-driven R&D and market-driven delivery system towards enhancing Malaysia’s innovation capacity.
Benefits of joining the i-Connect
  • Expansion of professional network between quadruple helix (industry, research community, government and civil society)
  • Demand-driven project collaboration between industry and researcher
  • Access to fund
  • Facilitated by trusted Neutral entity

The Collaborative Network


The mechanism of collaborative network (Figure 1) is expected to look beyond the demand-driven research and development (R&D) to the entire value chain which includes the market-driven delivery system of value created products and services. The market intelligence will complete the positive feedback loop of this value chain and facilitate continuous improvement of products and services. This will finally facilitate the network to be self-sustaining through organic knowledge clusters and act as a magnet for talent, and thus giving rise to disruptive innovation that enables agile actors to replace non-competitive industry and market incumbent.

The core of collaborative network in i-Connect is a shared value that forms a conducive ecosystem for disruptive innovation. Drivers which are industry players and researchers will be connected with enablers among the government regulatory bodies, institutions of higher learning and civil society to catalyse the genesis of ideas leading to disruptive innovations at a very dynamic pace.

The collaborative ecosystem is to be developed for all sectors but focus will be on value creation in strategic priority areas.

The aim of the collaborative ecosystem is to bring together the drivers (industry players and researchers) and enablers (Government regulatory bodies, institutions of higher learning and civil society) of innovation.

There will be knowledge clusters to be developed within each industry. Each cluster provides avenue to gather corporates who will provide product and sales strategy while researchers will contribute to product development with the latest technology.

The R&D community brings value creation which is brought to the market as knowledge-based, high value products and services, while market intelligence from market players feed into the R&D community to render demand driven R&D.

The network will be a public-private partnership jointly funded by the government and industry players.

Disruptive innovation carries higher risks, potentially higher rewards but players may be prohibited by the high costs. Collaboration enables risk sharing, thereby lowering the risks and barriers faced by each player.

The key feature of the network is the creation of a positive feedback loop based on knowledge, in particular in science & technology. There will be continuous improvement made possible by the constant flow of shared information from one stakeholder to another.

With extensive people driven interactions taking place in the network Malaysia will become from a knowledge hub into a talent magnet and thus reducing the loss associated with brain drain.

The collaborative network enables alignment of interests leading to the promotion of a shared value ecosystem where coalitions of players pursue efforts to solve common problems that in the end yield both financial and societal benefits.

The network will be administered by a trusted neutral entity in collaboration with the founding members. It will also initiate and coordinate the formation of the collaborative network.

Focus Areas


i-Connect will be implemented in four strategic industry sectors

Industry 4.0 in Manufacturing

Industry 4.0 in Manufacturing

Fintech in Islamic Finance

Fintech in Islamic Finance

Digital Healthcare

Digital Healthcare

Halal Supply Chain

Halal Supply Chain

i-Connect Journey


Project Initiation & Stakeholders Engagement

STAKE HOLDERS

ASM, MOSTI, experienced neutral entity, business & technology intermediaries & industry actors

PROCESS

  • Approaching potential NEs & partners

TIMELINE

Nov – Dec 2019

NEs Appointment & Collaborative Network Formation

STAKE HOLDERS

ASM, MOSTI, NEs, FMs & selected business/ technology intermediaries

PROCESS

  • Call of proposal from the potential NEs
  • Selection & appointment of NEs
  • Stakeholder engagements
  • Formation of FMs
  • Approval Committee establishment

TIMELINE

Jan 2020 – Mar 2021

Focus areas Strategic Planning 

STAKE HOLDERS

ASM, MOSTI, NEs, FMs, research community, relevant industries & civil society

PROCESS

  • Scoping workshops for reality check
  • Formulation of shared vision & strategic plan led by industry

TIMELINE

Feb – May 2021

R&D Proposal Development & Selection

STAKE HOLDERS

NEs, FMs, relevant research community & industries

PROCESS

  • Problem broadcast (open call & submission of R&D proposal)
  • Evaluation & selection of R&D proposal by FMs
  • Pre-negotiation of IP terms & accessibility prior to project commencement
  • Establishment of common fund
  • R&D projects approval by Approval Committee
  • R&D project endorsement by ASM SC, EXCO & Council

TIMELINE

Mar – July 2021

R&D Implementation & Productisation of R&D Results

STAKE HOLDERS

NEs, FMs, relevant research community & industries

PROCESS

  • Disbursement of R&D funding
  • R&D & home-grown products/ services development
  • Testing & validation of the developed products (sandbox)
  • Scaling-up production for market

TIMELINE

July 2021 – 2022

Product Commercialisation

STAKE HOLDERS

NEs, FMs & relevant industries

PROCESS

  • Deployment of home-grown products/ services to market
  • Market intelligence & analysis

TIMELINE

2022

Project Evaluation

STAKE HOLDERS

Evaluate outputs & ASM, NEs, FMs & relevant industries

PROCESS

  • Preparation of market analysis report
  • Evaluation of the outputs & impacts of the collaborative networks

TIMELINE

2022

NE: Neutral Entity
FMs: Founding Members

Towards building up Malaysia’s Innovation Ecosystem

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