Emergence of Multinational from Developing World

1. Do you foresee a multinational company emerging from Malaysia in the next ten years in the field of biotechnology?

Yes - 21 votes (65 %)

No - 4 votes (13%)

Maybe - 6 votes (19%)

Don't know - 1 votes (3%)

 Total votes - 33

 

2. Which factor is the most important in ensuring successful commercialization?

Prioritizing research activities- 5 votes (16 %)

Policies and regulatory framework - 9 votes (29 %)

Funding - 1 votes (3 %)

Collaboration - 6 votes (16 %)

Expertise - 2 votes (6 %)

Experience in commercialization- 0 votes (0 %)

Entrepreneurial skills among scientists - 3 votes (10 %)

Continuity in a project- 1 votes (3 %)

Proper directions- 4 votes (13 %)

 Total votes - 31


3. Are there enough schemes and plans to support scientists to commercialize their findings?

Yes - 4 votes (11 %)

No - 12 votes (33%)

Maybe - 20 votes (56%)

Don't know - 0 votes (0%)

 Total votes - 37


4. Do you think private companies should play a leading role in the commercialization activities?

Yes - 24 votes (75 %)

No - 2 votes (6%)

Maybe - 5 votes (16%)

Don't know - 1 votes (3%)

 Total votes - 32

 

 

5. Do you think the government should play a leading role in the commercialization activities?

Yes - 25 votes (87 %)

No - 1 votes (3%)

Maybe - 3 votes (10%)

Don't know - 0 votes (0%)

 Total votes - 29

       

Readers were questioned on their views on the status of commercialization of the biotechnology industry in general. When queried on whether they would foresee a multinational company emerging from Malaysia in the next ten years, readers were generally optimistic (64%) with a further 18% mentioned the possibility. This is contrasted by 12% who believed otherwise.

On their views on what would be an important factor in ensuring successful commercialization, readers were generally split, with 29% agreeing on policies and regulatory framework being most important, followed by a further 19% who believed collaboration was important, and 16% prioritizing research activities, 13% proper directions 10% entrepreneurial skills being developed among scientists, 6% on expertise, 3% funding and continuity.

When gauged on whether it was believed there were enough schemes and plans supporting scientists to commercialise their findings, readers were generally split. 54% expressed the possibility, followed by a further 11% responding positively, while 32% believed that there wasn’t enough schemes to support a good commercialization environment.

On the leading roles in commercialization, readers when queried generally believed that private companies should play such a role in commercialization (75%), this is augmented by 86% who believed the government should play such a role.