Research And Development On Natural Sciences Companies in Malaysia

Research and development (R&D) on natural sciences in Malaysia is carried out by both the public and private sector. The public sector includes the Ministry of Science, Technology and Innovation (MOSTI), as well as public universities and research institutes. The private sector is made up of companies that invest in R&D, such as multinational corporations and local firms.

The Malaysian government has been supportive of R&D in the country, providing various incentives to encourage companies to invest in this area. For example, the government has introduced the Malaysian Industry-Government Group for High Technology (MIGHT), which is a public-private partnership that aims to promote R&D and commercialisation of high-tech products and services. MIGHT provides funding and other support for companies undertaking R&D projects.

The government has also established the Malaysian Technology Development Corporation (MTDC), which is a government-owned company that provides financing and other assistance to small and medium enterprises (SMEs) for R&D activities. In addition, the government has set up the Malaysian Biotechnology Corporation (MBC), which is responsible for promoting the development of the biotechnology industry in Malaysia.

The private sector is also playing an important role in driving R&