Silicon Valley dreams beckon to Malaysia leaders

Article Abstract:

Malaysian Science, Technology and Environment Minister Law Hieng Deng believes that investments in research and development will further the country's ambition to become a highly-industrialized economy. Malaysia, however, currently lacks technological expertise and scientifically proficient manpower for stimulating industrial research. To address this, the government has announced tax reliefs and other incentives to attract corporations to open research facilities in Malaysia.

Analysis, Economic aspects, Industrial research, Science and technology policy, Malaysia, Industrial development, Industrialization

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As R&D continues to penetrate the service sector, research teams learn to work faster, heed customers

Article Abstract:

The growth of the service sector, at a rate that is 10 times that of non-service industries, has led to an increase in funding for R&D initiatives. The focus of R&D, traditionally in the manufacturing industries, is shifting to service industries such as finance, trade, real estate, engineering , health and insurance. The shift has also resulted in the determination of two of the most important aspects of R&D for services, speed of operation and customer participation.

Research, Management, Services industry, Service industries

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