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.