Many Nations Now Strengthening R&D, Commercialisation

Nov 5 (Bernama) – Many countries are now taking efforts to increase the capacity and capability for research, development and commercialisation, as well as promoting and inculcating a culture of innovation.

Minister of Science, Technology and Innovation Datuk Seri Dr Maximus Johnity Ongkili said one of the central challenges for many developing countries is to establish a scientific and progressive society that is innovative and forward-looking.

“The society is not only a consumer of technology, but also a contributor to the scientific and technological civilisation of the future,” he said in his speech at the opening ceremony of the World Innovation Forum Kuala Lumpur (WIF-KL) 2012 here today officiated by Deputy Prime Minister Tan Sri Muhyiddin Yassin.

Ongkili said WIF-KL 2012 is hoped to build and strengthen networking, linkages and collaboration among many parties, in order to nurture productive ways of thinking about innovation, developing its conducive ecosystem and understanding the workings of innovation within its complex system.

The inaugural event is jointly organised by Yayasan Inovasi Malaysia (YIM) and Ministry of Science, Technology and Innovation (MOSTI). Held from Nov 3 to 7, the forum brings together 1,800 representatives from 50 countries to deliberate on inclusive innovation, regarded as a key to achieving inclusive growth especially for developing nations.


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