Industry Collaboration Program (ICP): Empowering Technology Development for National Economic Growth
Abstract
Malaysia is currently aiming to become a developed nation by year 2020. In doing so, Malaysia leverages on many platforms/programs to achieve the goals. Malaysia needs to be aggressive in moving forward in particular in the area of technology and economy development to stay as a competitive economy globally. The New Economic Model (NEM) introduced aims to create high income society, sustainability and inclusiveness which lead to high quality of life. Therefore, Malaysia needs to further develop the required capability and capacity in particular related to technology as a catalyst to leap-frog the nation to become a knowledge-based economy. Apart of having long term development plans such as the New Economic Model, Industrial Master Plan, the Five-Year-Plan and Science & Technology Policy, the Government is currently exploring another platform namely the Industrial Collaboration Program (ICP). It is envisaged that the ICP platform is able to create ‘value for money’ in forms of economic returns based on the procurement made by the Government. It is capitalized to further enhance national local technology capacity and capability development activities by ensuring participation of local resources in high technology sectors, such as transportation and security; with the aim to create employment, skills enhancement and technology development capability within the local firms.
Downloads
References
M.C. Tien and C.C. Yang, "Taiwan's ICP mechanism—a review and a stage approach", Technological Forecasting and Social Change, vol. 72, no. 1, pp. 29-48, 2005.
Policy and Guidelines on ICP in Government Procurement, 3rd Ed., Government Procurement Division, Ministry of Finance, W.P. Putrajaya, 2014.
T.K. Taylor, "A transaction cost approach to offsets in government procurement", M.S. thesis, Department of Economics, E. Claiborne School of Business, University of Richmond, Richmond, Virginia, 1999.
Bureau of Industry and Security, "Offsets in Defense Trade Sixteenth Study", United States Department of Commerce, USA, 2012.
G. Anderson, "Offset in europe – emerging clarity", in the Global Offset and Countertrade Association Conference, Philadelphia, 2015.
S. Herdem. (2014). Offset And Industrial Participation (O/IP) Regime In Turkey [Online]. Available: http://www.mondaq.com/x/340106
T.K. Taylor, New Horizons in Public Procurement. Florida: PrAcademics Press, 2011.
D. Kimla, "Military offsets & in-country industrialisation: market insight by frost & sullivan" in the Global Offset and Countertrade Conference, Florida, 2013.
G.E. Rosa, "International countertrade – rules and practices", International Journal of Business and Social Science, vol. 2, no. 15, pp. 11-21, 2011.
A.P. Palia and Liesch P.W, "Survey of countertrade practices in australia", Industrial Marketing Management, vol. 26, pp. 301-313, 1997.
GOCA. (2016). Global Offset and Countertrade Association [Online]. Available: http://www.globaloffset.org
N. Balu and Norfadilah, "Counter-trade: the Malaysian experience", Oil Palm Industry Economic Journal, vol. 2, no. 1, pp. 45-49, 2002.
Y. Changhui and K. Ju, "Research on business process and e-business platform design for barter trade", Information Technology Journal, vol. 12, no. 19, pp. 5315-5320, 2013.
K. Balakrishnan, "Evaluating the effectiveness of offsets as a mechanism for promoting malaysian defence industrial and technological development," Ph.D. dissertation, Department of Defence Management and Security Analysis, Cranfield University, Cranfield, United Kingdom, 2007.
G. Anderson, "Defence industrial offset: the changing landscape" in Global Offset and Countertrade Association Conference, Florida, 2013.
Program Operation Division, "ICP management unit report to ministry of finance", Technology Depository Agency, W.P Putrajaya, Malaysia, 2016.
Technology Depository Agency, "Offset management services program", Malaysian Industry-Government Group for High Technology, Cyberjaya, Malaysia, 2014.
