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M’sia still 36th place in innovation index, gets higher score

September 29, 2023
The Star
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KUALA LUMPUR: Malaysia remains in 36th position out of 132 countries in the Global Innovation Index (GII) 2023 Report, with its overall score improving to 40.9 from 38.7 last year.The Science, Technology and Innovation Ministry (Mosti) said Malaysia also moved up one spot to second behind China in the most innovative countries category, comprising 36 upper-middle-income countries, while in Asean, Malaysia remained in second place behind Singapore.

“Malaysia has retained its top spot in two sub-indicators, namely high-tech exports and creative goods exports.

“The country also jumped to the top position among the graduates in the science and engineering sub-indicator.

“Overall, Malaysia has recorded improvements in five of the seven thrusts compared to 2022, namely institutions (29 compared to 34); human capital and research (32 compared to 38); market sophistications (18 compared to 26); business sophistications (36 compared to 41); and knowledge and technology outputs (37 compared to 39),” it said in a statement yesterday, Bernama reported.

The GII is issued annually by the World Intellectual Property Organisation (WIPO) in Geneva, Switzerland.

To ensure Malaysia breaks into the top 30 countries in GII by 2025, as targeted under the 12th Malaysia Plan mid-term review, Mosti will implement several initiatives.

These include facilitating the registration of intellectual property (IP) for any innovations with potential for commercialisation, including those produced by school students; drafting the National Planet Health Action Plan; providing market information for the local startup ecosystem; and formulating proposals on the establishment of the Special Committee on Science, Technology and Innovation Talent.