KUALA LUMPUR, June 27 2012 (Bernama) -- The "Quadruple Helix", which involves the cooperation of the academia, the industry, the government and the people, will help spur the country's quantum leap, said Datuk Seri Najib Tun Razak.
The prime minister said three aspects would be emphasised for this purpose, namely increasing productivity, empowering innovation and encouraging creativity to achieve the national vision.
"This is referred to as the ecosystem. If we want to ensure successful innovations, we will not achieve what we had set out without the support of the ecosystem.
"I believe many findings are gathering dust on the lab shelves and research centres as they have not reached the commercialisation stage.
"Even the definition of innovation referred to only when one finding is commercialised, then it is already considered an innovation," he said at the Innovation Agency Malaysia's (AIM) Innovation Malaysia Tour 2012 at the Tunku Abdul Rahman College, here Wednesday.
Najib said measures taken by AIM by publishing the bidding process for the benefit of the public and private companies would enable more exciting innovative products to be introduced to the market.
If an innovation does not reach the market, a product cannot be said to be a finding that can be considered a part of or an innovative process, he said.
Najib, who is also finance minister, said the best bidder could use the findings for commercial production which he would announce soon.
The prime minister later witnessed the signing of a strategic alliance agreement between AIM and 26 of the country's top public and private universities, research institutes and companies on the setting up of the National Technology Commercialisation Office (NTCO).
It is a strategic cooperation agreement between four key components in leading the innovation mission comprising the academia, the industry, the government and the people.
The NTCO will assist universities and public research institutes in commercialising their innovations as well as providing industry players and investors with a consolidated library of innovations to bring to the market.
Among institutions of higher learning, public research institutions and agencies involve in the initiative are AIMST University, the Construction Research Institute of Malaysia, the Halal Industry Development Corporation, International Islamic University Malaysia, the Sabah Foundation College, the Malaysian Rubber Board, Mara, Mardi, SIRIM Berhad, Universiti Kebangsaan Malaysia.
The others are University of Malaya, Universiti Sains Malaysia, Universiti Teknologi Petronas, Universiti Malaysia Pahang, Universiti Malaysia Perlis, Universiti Malaysia Sabah, Universiti Malaysia Sarawak, Universiti Putra Malaysia, Universiti Sains Islam Malaysia, Universiti Sultan Zainal Abidin, Universiti Teknikal Malaysia Melaka, Universiti Teknologi Malaysia, Universiti Teknologi Mara, Universiti Utara Malaysia and University of Nottingham Malaysia.