Innovation will take centre stage in Malaysia's drive towards Vision 2020 with the launch of the National Innovation Strategy (NIS). The strategic plan unveiled by Malaysia Innovation Agency (AIM) chief executive officer Datuk Dr Kamal Jit Singh is designed to promote innovation as a key component towards achieving developed nation status and generate new wealth.
In a statement yesterday, AIM presented three main thrusts in the newly-launched framework, which are sub-divided into three mechanisms each.
The first thrust involves strengthening the “building blocks of innovation”, which includes inculcating skills and aptitude to innovate future workers at school and university levels.
“This will enable them to be critical and creative thinkers when they join the workforce,” it said.
Graduate students will be encouraged to instil “innopreneurship” which is defined as “the science and art of converting ideas into wealth” in their research projects.
The second step revolves around engaging the “enablers” in the national innovation eco-system.
Under this thrust, the NIS plans to offer “innovative schemes” and establish “specialised laboratories” in Malaysia to entice skilled Malaysians working abroad back home.
It also plans to promote successful icons of innovation to become Innovation Ambassadors to motivate students and the youth.
The final thrust involves the commercialisation of research and development products at local public research institutes and centres of excellence.
AIM is a statutory body set up by Parliament via the Malaysia Innovation Act 2010 in an effort to drive Malaysia towards establishing an “innovation economy”.
Innovation had been identified as the main mechanism to improve Malaysia's competitiveness and to attain the objectives of the New Economic Model and the 10th Malaysia Plan.
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