Financing innovation : the experience of Malaysia
Date
2011
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Abstract
Malaysia has introduced a range of incentives schemes aimed at encouraging more firms, both local and foreign to engage in innovation-related activities as part of the government’s overall policy mix to boost the nation’s science, technology and innovation (STI) capabilities. The report provides a partial snapshot of the innovation financing landscape and some recommendations to enhance the management of innovation in the public sector. A clear roadmap for financing innovation based on sectors and technologies with well-defined priority targets is greatly lacking.
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Policy Brief
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Keywords
INNOVATION SYSTEMS, FINANCING, POLICY BRIEF, MALAYSIA, RESEARCH AND DEVELOPMENT, SCIENCE AND TECHNOLOGY, VENTURE CAPITAL, GOVERNMENT LENDING