Sunday, July 4, 2010

Local universities, research culture and start-up activities still weak


Malaysia lacks innovation hotspots to propel the development of homegrown technology, despite huge investments over the years to create such centres like Cyberjaya and Iskandar

How to start-up:
1. require strong political commitment from the Government
2. raising the quality of education and continuously developed
3. a generous research funding policy
4. a key ingredient to have centres of basic and applied research that could generate surplus ideas and entrepreneurial talents to commercialise them
5. involvement of top-class universities, research institutes or firms with major and diversified research activities
6. concept of open, amenity-rich, affordable and with high connectivity
7. innovation hotspot grew from “the bottom up” without too much direct involvement from the government
8. new culture of open to new ideas and highly supportive of technological changes,
9. develop leaderships by strengthening the seniours and generate new one
10. globalisation in thinking, culture, leadership and governence for research and innovation
11. have a rich source of technological findings and entrepreneurship to convert some of these findings into commercial innovations

Even we have all above, an innovation hotspot can be created and probably will take five to 10 years to achieve. Good planning and strategies needed.

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