MALAYSIAN INNOVATION ECOSYSTEM: A REVIEW OF THE LITERATURE

M.Y. Sulaiman; A. Abdullah; N.A. Othman

M.Y. Sulaiman Malaysian Industry Government Group For High Technology, Prime Minister’s Department, 63000 Cyberjaya, Selangor, Malaysia.
A. Abdullah Faculty of Manufacturing Engineering, Universiti Teknikal Malaysia Melaka, 76100 Durian Tunggal, Melaka, Malaysia.
N.A. Othman Faculty of Technology Management and Technopreneurship, Universiti Teknikal Malaysia Melaka, 76100 Durian Tunggal, Melaka, Malaysia.

Abstract

The capability to innovate and to bring innovation successfully to the market will be a crucial determinant of the global competitiveness of nations over the next decade. Knowing the importance, Malaysia has started to prioritise its national agenda by embedding innovation as one of the major theme of its national economic model. Building a sustainable and supportive ecosystem is one of the keys to ensure an efficient growth strategy. By succeeding in building the sustainable self-reliant innovative system needed, the country aims to become a fully developed nation strategically positioned in the regional and global economic landscape. This paper provides a review of the literature on current status of Malaysian innovation eco-system. The paper concludes that innovation eco-system is essential to nurture innovation in organisation.

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