the definite path towards becoming one in the foreseeable future. A careful examination of their innovation policies shows … industry. Malaysia, on the contrary, has very similar fiscal instruments for encouraging innovation. But it suffers from a …

possible dimensions of the innovation system are considered, namely the (a) policies with respect to the supply of technically … innovation; and (d) promotion of technology-based ventures through venture capital funds. The country suffers from a chronic …

significant number of research grants have been made available to its innovation system comprising the higher education sector … real weaknesses of the innovation system shows that the country suffers from a severe shortage of scientists and engineers … migration abroad. Without addressing this basic lacuna in its innovation system, the country has put in place three sizeable …