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Innovation-led Growth in Malaysia

March 24, 2022

Kuala Lumpur

  • As Malaysia aspires towards its next phase of development to attain high income status, the role of innovation-led productivity growth becomes even more pivotal. Pandemic-induced economic setbacks have also made the longer-term goal of making private firms more resilient and globally competitive even more urgent. In the current fiscally constrained environment, policy support to promote private sector innovation needs to be recalibrated to respond to the current needs of the private sector more efficiently. This event brings together findings from regional and Malaysia-specific reports on the innovation landscape. Join us as we explore the steps being taken to boost innovation and competitiveness among Malaysian firms.

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    Opening Remarks: 

    • Manuela V. Ferro, Vice-President, East Asia and Pacific, World Bank Group


    Keynote Address: 

    • YB Dato’ Sri Mustapa Mohamed, Minister, Prime Minister’s Department (Economy)


    Report Presentation: Innovation Imperative for Developing East Asia [Download Slides]

    • Andrew Mason, Lead Economist, World Bank Group
    • Xavier Cirera, Senior Economist, World Bank Group


    Report Presentation: Malaysia SME Program Review, Early-Stage Financing [Download Slides]

    • Smita Kuriakose, Senior Economist, World Bank Group


    Panel Discussion: Igniting Innovation – The Role of an Enabling Ecosystem
    • Dzuleira Abu Bakar, CEO, MRANTI
    • Aaron Sarma, General Partner, ScaleUp Malaysia
    • Jayanthi Desan, Co-Founder, BoomGrow
    • Matthijs van Leeuwen, Chief Innovation Officer, Sunway Group
    • Aaditya Mattoo, Chief Economist, East Asia and Pacific, World Bank Group


    Closing Remarks
    • Ndiame Diop, Country Director, Brunei, Malaysia, Philippines and Thailand, World Bank Group