The Star
Saturday May 29, 2010
Malaysia shares NEM at Amsterdam congress
AMSTERDAM: Malaysia’s government transformation programme as well as its New Economic Model are being shared with the rest of the world at the just-concluded World Congress on Information Technology (WCIT2010).
In his keynote address on “Transformation of A Nation” on Wednesday, Science, Technology and Innovation Minister Datuk Seri Dr Maximus Ongkili spoke on the key role that innovation was playing in the development of Malaysia.
“Innovation and creativity are the way forward towards Malaysia becoming a high-income economy from its current middle-income status,” he said.
He said the country needed a major push but it was ready to move into the innovation field as plans had been laid out for the sectors concerned.
They include the National Innovation Model developed by his ministry which calls for both technology-driven and market-driven innovation. — Bernama
Technology-driven innovation initiatives include boosting basic science research, technology development and commercialisation via the provision of incentives such as research and technology grants, as well as multi-stage funding.
The market-driven innovation, meanwhile, focuses on identifying market niches and putting in place the necessary incentives and programmes to enable Malaysia to tap into those specific markets.
In his address, Ongkili also announced that Malaysia would be holding the Kuala Lumpur Innovation Forum on Oct 25-26, of which the highlight would be a Ministerial Dialogue on Innovation Policies.
The minister was leading a 20-member Malaysian delegation to WCIT2010. - Bernama
which includes top officials from MOSTI, the Malaysian Embassy in The Netherlands, MDeC, MATRADE, MIDA, MIMOS and Cybersecurity Malaysia.
The Malaysian delegation has been involved in government-to-government discussions and business meetings with key European companies to promote MSC Malaysia and enhance the potential for new foreign investments in the national ICT initiative at WCIT 2010.
MDeC officials have also held discussions with European Commission representatives of its Digital Agenda. - BERNAMA
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