The world is moving in fast pace growth in regards to technological advances and development and economic growth seem to be the aspirations of many developing countries. The basic purpose of communication development and technological advancements is to meet human requirements on a wide spectrum. This context is a basic briefing on the technological development in Malaysia including its main establishments.
Malaysia replicated the experience of the Newly Industrializing Economies (NIE) of Asia because it aspires to move towards a technology driven and a high production based pattern. Malaysia has been ranked in the group of countries that is able to innovate and develop new technologies independently in 2000. It is also able to create technological development strategies in accordance to the aspects of its economy.
Technological advances boost rates
The country has witnessed a 7.7 growth rate in 1970 till 1995 according to findings that has been concluded by a senior research officer in the Malaysia institute of economic research in Kuala Lumpur. The country is also eligible to implement the Innovation Network Model and the Large Firm Internationalization Model in the cities of Johor and Penang.
Usually nowadays the ministry of Science Technology and Innovation operates any scientific projects in Malaysia; which focuses on biotechnology, ICT policy, Industry, Sea to space and core science and technology regulated across the country.
Turning facilities to opportunities!
Assigned as the world’s largest exporter of semi-conductor devices, electrical goods, and information and communication technology products, Malaysia privatized some of its military facilities in 1970 to advocate national development which resulted in the creation of a strong defense industry.
Recent communication achievements
Malaysia has acquired its first satellite in 1996 when a private company has bought two communication satellites and later on has managed to design and build its first remote sensing satellite. In 2002 the Malaysian National Space Agency was assigned to deal with all of the country’s activities in space. A while after that a group of Malaysian scientists united in 2011 to found the scientific Malaysian Network, which is a non-profit initiative aiming in uniting more and more Malaysian scientists across the world.