Universiti Teknologi Malaysia Institutional Repository

The challenges of corporatization policy for government research and technology organizations for wealth creation

Ariffin, Aini Suzana and Mathew, Mathew Ferns and Yong, Chen Chen (2015) The challenges of corporatization policy for government research and technology organizations for wealth creation. Journal of Science Technology & Innovation Policy, 1 (2). pp. 1-21. ISSN 2550-2018

[img]
Preview
PDF
361kB

Official URL: https://jostip.org/the-challenges-of-corporatizati...

Abstract

Malaysia’s economic transformation towards the status of a high income nation has led to the widespread demand for an accelerated corporatization policy; one where public sector agencies are transformed into business entities to facilitate the creation of knowledge and wealth. This shift was encouraged by successful corporatization models abroad, including those adopted by the Fraunhofer-Gesellschaft in Germany; the Korea Institute of Science and Technology (KIST) in Korea; and the National Institute of Standards and Technology (NIST) in the United States. These institutions have since encouraged a similar corporatization process in emerging and third world nations. However, corporatization comes along with a unique set of institutional challenges. This study aims to investigate the corporatization processes undertaken by various government research and technology organizations (GR&TOs) in Malaysia, and then to evaluate their overall progress. The outcome of this study indicates that a myriad of challenges can be inverted into growth opportunities through the application of appropriate strategic planning.

Item Type:Article
Uncontrolled Keywords:Corporatization policy, Technology Commercialization and Innovation
Subjects:T Technology > T Technology (General)
Divisions:Razak School of Engineering and Advanced Technology
ID Code:60448
Deposited By: Haliza Zainal
Deposited On:24 Jan 2017 02:54
Last Modified:07 Dec 2021 07:12

Repository Staff Only: item control page