MSTB Comments on Budget 2015

October 19, 2014 (Sun): The Malaysian Software Testing Board (MSTB), an industry driven national body that drives the growth of the Software Testing industry in Malaysia’s, President, Pn Mastura Abu Samah shares her views on Budget 2015.

Budget Measure 14: Developing Innovation and Commercialisation

Currently, Malaysia’s R&D expenditure as a share of GDP is low, compared with advanced economies such as Japan and South Korea. In this regard, the Government will allocate RM1.3 billion to the Ministry of Science, Technology and Innovation to implement several related programmes including:

Description: Mastura Abu Samah, President, Malaysia Software Testing Board MSTBMSTB lauds the emphasis on R&D and commercialization initiatives contained in Budget 2015.

For example, we see that the proposed Public Private Research Network initiative, under the purview of the Ministry of Education in collaboration with MTDC, can be an effective platform for encourage collaborations between the private and academic sectors, particularly the area of applied research.

We also see that the Research Incentive Scheme for Enterprise (RISE) is a good move to encourage private R&D initiatives in high-tech, ICT and K-based industries, thus complementing the Research Network initiative,

From an industry point of view, applied R&D is crucial to the development of the industry especially in highly competitive and high-tech industry sectors, regardless of whether creating products or delivering services.

Based on our experience of in implementing the Malaysia Software Testing Hub (MSTH) initiative, applied R&D is one area that needs to be developed to ensure sustainability of growth of Malaysia’s software testing industry and position Malaysia as the preferred global destination for software testing services.

Author: VSDaily Editor

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