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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
akademisainsmalaysia