THREE RESOLUTIONS TO MAKE MALAYSIA AN INNOVATION NATION - M'SIAN PM NAJIB

PUTRAJAYA, July 5 (Bernama) - The government Tuesday outlined three
resolutions of combined approaches to build an ecosystem to make Malaysia an
innovation nation.

Prime Minister Najib Razak said they include human capital development,
especially how to inject more innovative thinking and creativity in the
education system.

"We will see in terms of funding to support the innovation efforts, such as
increasing the participation of private equity capital," he said after chairing
the first meeting of Malaysia Innovation Agency at his office here Tuesday.

Also present was Malaysia Innovation Agency chief executive officer Dr
Kamal Jit Singh.

Najib said the government will also identify research and development (R&D)
projects that can be commercialised.

"For example, our universities have about 1,000 intellectual properties. We
will see how many can be translated into commercial projects.

"The meeting today decided to combine approaches to develop the ecosystem in
addition to the outcome base to identify projects that can be commercialised,"
he added.