SUBANG: The government today urged multinational corporations (MNCs) and business enterprises to ramp up research and development (R&D) activities as their contribution to the Gross Expenditure on R&D (GERD) source of finance had been decreasing.
Minister of Science, Technology and Innovation Chang Lih Kang said the contribution dropped from 60.2% in 2012 to 32.8% in 2020, while GERD for Malaysia stands at 0.92%for 2022, compared to the average for Upper Middle Income Nation at 1.73%.
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