Photo - Dr Dzaharuddin Mansor, National Technology Officer of Microsoft Malaysia
Public-private partnerships vital
Public-private partnerships were also vital to nation building, added MDeC's Yasmin. "Research and development are key area of success towards a high income economy but the combined efforts of both public and private sector will enable far greater innovation than any one alone."
"It's about creating high impact, be it in such areas such as fostering domestic innovation, transforming education, enabling jobs and opportunities and attracting FDI [foreign direct investment] into Malaysia," she said. "To achieve this, we must continue to not only retain the best brains in Malaysia but to create such an environment as to extract the best of foreign talent. The public sector can create a much more business friendly environment, which in turn will attract the best of the best."
To date, Malaysia has 96 MSC status companies at various stages of involvement in BDA, and MDeC was determined to ultimately establish Malaysia as a BDA hub within the region, she added.
"At the same time, we must discover more areas that we can be aggressive, and smart in, then make strategic moves to envelop them in our thriving ecosystem," said Yasmin. "We should always challenge ourselves to go deeper and to do things more effectively and efficiently. We should not only look to benchmark ourselves regionally and globally, but aim to lead the region or world in whatever we are doing."
"The strength to change and adapt has so far been proven, seeing the resilience of Malaysia's ICT industry," she said. "I am confident it will continue to play an instrumental role for us to realize Vision 2020 - and importantly beyond 2020 - and to sustain Malaysia as a high income economy beyond that. But most of all I envision the ICT industry in Malaysia as playing a key part in leading future innovation, not only in the country, but on a global basis."
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