Laying the Foundation for Tomorro · Collaborative Economy: Value Chain 20% 20% 20% 20% 20% 20% 20%...

Laying the Foundation for Tomorrow

What we strive for

To be the ‘Thought Leader’ of the nation for matters related to science, engineering, technology and innovation.

To pursue excellence in the fields of science, engineering and technology for the benefit of all.

1.0 Global Scenario

Global Outlook

Extreme weather events

Large-scale involuntary migration

Major natural disasters

Large-scale terrorist attacks

Massive incident of data fraud/theft

Top 5 Global Risks

Source: Global Risks Report WEF, 2017

Top 5 Mega Trends

Rapid urbanisation

Demographic & social change

Technological breakthroughs

Shift in global economic power

Climate change & resource scarcity

Source: Megatrends PWC, 2017

Source: Compiled by ASM

Source: Deloitte, Industry 4.0 Challenges and solutions for the digital transformation and use of exponential technologies.

Knowledge intensiveHigh-skilled talents

Requires collaborationHorizontal trust orientation

Mass customizationLocation less significant

FlexibleProfit Sharing

Resource focusedLabour intensiveRequires control

VerticalMass production

Proximity is important Rigid

Capitalist

TRANSFORMATION FROMTO NEW ECONOMYTRADITIONAL

Case Study: Local Motors

Founded in 2007116 employees

52,000 community members5 micro factories (+-22,000 sq feet)

Local Motors backed by Siemens software

Future Jobs

Source: University of Kent, Careers and Employability Service

Source: McKinsey Global Institute

2.0 Where we are now

0

10000

20000

30000

40000

50000

60000

1970 1980 1990 2000 2010 2015

GD

P p

er

Cap

ita

(USD

)

YearSource:Kunio, (2004). The comparative economic performance of Malaysia : An Analysis. Southeast Asian Studies 42, 1Knoema, (2017). GDP per Capita by Country.

Japan

Economic Growth Comparison between Malaysia, Republic of Korea, Japan and Singapore

Malaysia

Singapore

Republic of Korea

New Economy Policy

Vision 2020

-6th Malaysia Plan-

National Transformation

Program

National Transformation

2050 (TN50)

-Budget 2017-

1971 1991 2010 2016

2009 2015

ASM Malaysia 2050 Agenda

Envisioning Malaysia 2050:

Foresight Initiative

A Developed Nation by 2020

Committed to 2030 Agenda for Sustainable Development

Reduce GHG emission intensity (per unit of GDP) to 45 % by 2030

Top 20 countries in the world in economy, happiness and creativity & innovation

National Transformation 2050 (TN50)

Aim: One of the top 20 nations in the world

Economic Growth

HappinessIndex

Creativity &Innovation

No EconomicWorld Bank (GDP-PPP),

2015

Happiness(World Happiness Report

2016)

Creativity and Innovative(Global Innovation Index, 2016)

1 China Denmark Switzerland

2 USA Switzerland Sweden

3 India Iceland United Kingdom

4 Japan Norway USA

5 Germany Finland Finland

6 Russia Canada Singapore

7 Brazil Netherlands Ireland

8 Indonesia New Zealand Denmark

9 United Kingdom Australia Netherlands

10 France Sweden Germany

Malaysia 26 47 35

24

25Source: ASM Malaysia 2050: Foresight Report, 2017

Foresight Initiative

26Source: ASM Malaysia 2050: Foresight Report, 2017

Foresight Initiative

Source: ASM Mega Science Agenda, 2016 27

Emerging Science, Engineering and Technology (ESET)Malaysia’s 95 Emerging Technologies 2015 - 2050

Source: ASM ESET Study, 201728

Source: ASM New Economic Opportunities in STI-based Industries to serve Emerging Markets, 2017

Collaborative Network to Bridge the Innovation Chasm

New Economic Opportunities (NEO)

3.0Possible Strategies

Deepen knowledge (STI-based)

Build collaborative networks

(connect, communicate, collaborate)

Lead in niche areas (global prominence)

Globalization is not just about trade flows but also

about KNOWLEDGE and TALENT flows

People driven initiatives

Movement of people

Diffusion of technology

Diffusion of knowledge

Knowledge intensive

What are the 21st-century skills every worker needs?

Source: Adapted from WEF, 2016

Knowledge intensive

Collaborative

Economy:

Value Chain

20%

20%

20%

20%

20%

20%

20%

20% 20%

20%

20%20%

20%

20%

Source: Jeremiah Owyang

Collaborative Network

Mechanism : Collaborative Network for Disruptive Innovation

Example of Collaborative Network

in Electrical & Electronics (E&E) Sector

*list is non exhaustive

Solution providers Universities / Institutes / Agencies

Strategic Focus Areas1. Opto-electronics, LED, Solid State Lighting2. Embedded System & Internet of Things3. IC Design, Test & Validation4. Advance Materials & Packaging5. World-Class Electronics Manufacturing6. Drones, Driverless & Autonomous Vehicle

Industry

*list is non exhaustive

*list is non exhaustive

Raising Capital through Equity Crowdfunding (ECF)

Amount Raised (RM) Equity (%) Raised in (days)

2.65 mil 26 17

1.55 mil 10 1

1.5 mil 19.38 2

800,000 6.5 23

200,000 5.5 1

Total of MYR10.41 million raised for Malaysian SMEs through ECF within a year of operation

Leadership

KEY TAKEAWAYSDevelop a sustainable ecosystem for industry 4.0

For more information on Academy of Sciences Malaysia:

Thank You

@AkademiSains

Akademi Sains Malaysia ASM

Akademi Sains Malaysia

www.akademisains.gov.my

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