Template-type: ReDIF-Paper 1.0
Author-Name: Mani, Sunil
Author-Email: mani@intech.unu.edu
Author-Workplace-Name: United Nations University, Institute for New Technologies
Title: Policy Instruments for Stimulating R&D in the Enterprise Sector: The
	Contrasting Experiences of Two MNC Dominated Economies from Southeast Asia
Abstract: The Paper undertakes a detailed survey of the various policy instruments
	 and institutions, which two seemingly similar economies have implemented
	 to increase R&D investments by their respective private sector enterprises.
	 The two economies are Singapore and Malaysia, which have both shown rather
	 good economic results and have already become developed countries or is in
	 the definite path towards becoming one in the foreseeable future. A careful
	 examination of their innovation policies shows some contrasting experiences.
	 Singapore has assiduously built up a critical mass of technically trained
	 human resource and then provided a variety of fiscal incentives. The result
	 has been significant rises in the research intensity of its enterprise sector.
	 It has also put into effect some imaginative policies for engineering positive
	 spillovers from MNCs to local industry. Malaysia, on the contrary, has very
	 similar fiscal instruments for encouraging innovation. But it suffers from a
	 chronic shortage of technically trained human resource of the type that is
	 required for its increasingly sophisticated enterprise sector. Despite
	 explicit recognition of this crucial policy vacuum, nothing concrete seems
	 to be happening in this direction. 
Keywords: Research and Development, Government Policy, Southeast Asia 
Series: Discussion Paper
Creation-Date: 2000
Number: 9
File-URL: http://www.intech.unu.edu/publications/discussion-papers/2000-9.pdf
File-Format: application/pdf
File-Size: 369 Kb
Handle: RePEc:unm:unuint:200009