How will Malaysia’s commercialisation and innovation strategies help reach top 30 by 2025?

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Malaysia's Commercialisation and Innovation Strategies Aim for Top 30 Global Innovation Index Ranking by 2025

Malaysia is focusing on specific commercialisation and innovation (C&I) strategies to elevate its position in the Global Innovation Index (GII) to among the top 30 countries by 2025. This objective is being pursued by the Ministry of Science, Technology and Innovation, with parliamentary inquiries highlighting the importance of these strategies in national development. While the specific details of these strategies are not elaborated upon, their stated purpose is to foster an environment conducive to innovation and the successful market introduction of new products and services.
Parliamentary Inquiry into C&I Strategies

The parliamentary question posed by R. Yuneswaran, the Member of Parliament for Segamat, directly addresses the Ministry of Science, Technology and Innovation regarding the C&I strategies intended to achieve this ambitious ranking. This highlights the government's focus on innovation as a key driver for economic progress and international competitiveness. The inquiry serves to bring attention to the government's plans and potentially seek clarification on the measures being put in place.
National Ambition for Global Innovation Index Ranking

The goal of being among the top 30 countries in the Global Innovation Index by 2025 signifies a clear national aspiration. The GII, typically published by the World Intellectual Property Organization (WIPO) in collaboration with other institutions, ranks economies based on various innovation inputs and outputs. Achieving such a high ranking would indicate significant advancements in Malaysia's innovation ecosystem, including research and development, technological adoption, and the creation of new ventures.
Focus on Public Service Delivery and Innovation

While the primary focus of the question is on national C&I strategies, the broader context of the parliamentary sitting also includes discussions on innovation in public service delivery. This suggests a comprehensive approach where innovation is seen as crucial not only for economic competitiveness but also for improving the efficiency and effectiveness of government services. This dual focus underscores the government's commitment to leveraging innovation across multiple sectors.

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How will Malaysia’s commercialisation and innovation strategies help reach top 30 by 2025?

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