KUALA LUMPUR, Oct 13 (Bernama) -- The government’s continued focus on strengthening the technology and innovation ecosystem through Budget 2027 provides an opportunity to accelerate the transition from research and development (R&D) to commercialisation, industry adoption and tangible economic value, said MIMOS Bhd (MIMOS).
General : Budget 2027 Should Accelerate Transition From R&D To Malaysian Technology - MIMOS
MIMOS, Budget 2027, technologies, R&D, innovation,
Key points
- "These measures present an opportunity to connect research capabilities more directly with national industrial priorities and market demand, including the development of higher-value technology capabilities and stronger local companies," MIMOS said in a statement today.
- MIMOS President and Group Chief Executive Officer Dr Saat Shukri Embong said the next step for Malaysia is to ensure that these capabilities translate into commercial outcomes, stronger Malaysian intellectual property (IP), industry adoption and economic value.
- “The RM6 billion commitment to R&D and commercialisation is an important step in strengthening Malaysia's technological sovereignty by building our own capabilities, developing home-grown technologies and creating greater value from Malaysian innovation,” he said.
Sentences selected automatically from the original article by Bernama.
Also reported by Malay Mail
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