Strengthening the Innovation Ecosystem: Russia’s GenerationS and UTM Partnership
KUALA LUMPUR, Oct 31 (Bernama) – Russia’s GenerationS Corporate Innovation Development Platform (GenerationS) and University of Technology Malaysia (UTM) have partnered to share expertise in strengthening the innovation ecosystem, with a focus on advancing technology transfer and fostering entrepreneurship.
Programme Overview
The educational programme, "Effective Management of Innovation Infrastructure: The Successful Experience of Malaysia", was held in Kuala Lumpur from October 28 to 30. The programme aimed to implement national objectives in the field of strengthening business relations between participants in the technological ecosystems of both countries, solving strategic tasks of federal programmes. It also served as a platform for university technology entrepreneurship, advanced engineering schools, and understanding effective ways to commercialise student startups and university developments.
Partnership and Support
The programme is supported by the Russian Ministry of Science and Higher Education, Malaysia’s Ministry of Higher Education, and leading organisations including Malaysian Research Accelerator for Technology And Innovation (MRANTI), Malaysia’s Cradle Fund, and the largest Malaysian oil and gas company, Petronas.
Exchanging Knowledge and Expertise
According to GenerationS Corporate Innovation Development Platform Managing Director Ekaterina Petrova, the development of the Russia-ASEAN dialogue partnership is one of the priorities for the development of Russia’s foreign economic policy. Malaysia’s experience is appreciated in the global innovation ecosystem, holding high positions in the Global Innovation Index ranking among innovative economies in the world and continuing to increase its potential in this direction.
GenerationS actively receives requests from both sides to study each other’s infrastructure and get acquainted with local universities, foundations, large corporations: UTM, MRANTI, Cradle Fund and others.
International Programmes for Exchange of Experience
Such international programmes for the exchange of experience in the management of the innovation ecosystem, the development of technology transfer and entrepreneurship are supported at the state level of both countries.
Cooperation and Joint Development
The statement added that early this month during the Third Meeting of the joint Russian-Malaysian Commission on Economic, Scientific, Technical and Cultural Cooperation in St Petersburg, Russia, representatives of both countries outlined the vector of cooperation in the trade and economic sphere, industry, energy, transport, culture and tourism. Other topics of discussion include joint development in the field of science and education, and cooperation in the field of innovation.
Conclusion
The partnership between GenerationS and UTM is a significant step towards strengthening the innovation ecosystem and advancing technology transfer and entrepreneurship in both countries. The programmes and initiatives launched under this partnership have the potential to drive economic growth, create new opportunities, and foster a culture of innovation and entrepreneurship.
Frequently Asked Questions
Q: What is the main objective of the partnership between GenerationS and UTM?
A: The main objective of the partnership is to share expertise in strengthening the innovation ecosystem, with a focus on advancing technology transfer and fostering entrepreneurship.
Q: What are the key areas of focus for the partnership?
A: The key areas of focus for the partnership include the development of the Russia-ASEAN dialogue partnership, implementation of national objectives, and exchange of knowledge and expertise.
Q: What are the benefits of the partnership?
A: The benefits of the partnership include the development of technology transfer, fostering entrepreneurship, and driving economic growth.
Q: What is the next step for the partnership?
A: The next step for the partnership is to continue to exchange knowledge and expertise, identify new areas of cooperation, and develop joint initiatives and programmes.