R&D works should be commercialised, says minister

KUALA LUMPUR: All research and development (R&D) works must be commercialised because such efforts and inventions by Malaysian nationals will be useless if no one buys and uses them.

Rural and Regional Development Minister Datuk Seri Mohd Shafie Apdal said in moving towards this direction, a ‘bridge’ must be provided to ensure that existing inventors could join trade practitioners whether in the industrial or commercial sectors so that their inventions would not only relevant but also fulfilled the aspirations of the consumers and industry.

“If we are unable to commercialise them, I feel that this will hinder our efforts to enhance our research and inventions in future,” he told reporters after launching the Design Summit Meeting 2011 of the Design Development Centre (DDEC), here yesterday.

He said the commercialisation of all inventions would give an impact on the returns and investments by those concerned besides turning Malaysia into a competitive nation.

“We must come out of the cocoon where Malaysia only depends on commodities to a country that is capable of producing goods for international consumption,” he said.

Earlier in his speech, Mohd Shafie said studies that met the market needs must be carried out on R&D products because they could become obsolete and unacceptable within a short period.

“We should not be disappointed over this but should instead treat it as a challenge and improve our research and development process further,” he said. — Bernama

The summit meeting, beginning today until Sept 25, was the outcome of a collaboration between the DDEC and various parties such as Kuala Lumpur Design Weel Sdn Bhd and Universiti Teknologi Mara (UiTM).

It aims to introduce and promote the country’s designing activities to small and medium industry (SMI) entrepreneurs to provide ideas, knowledge and exposure to the entrepreneurs so that they could come up with better products to penetrate local and international markets.

The DDEC, a subsidiary of Majlis Amanah Rakyat (Mara), was set up with the aim of playing a role as a major reference centre for all designing activities as well as the development of brand names and products specifically to assist SMI entrepreneurs. — Bernama

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