Malaysia legislation
Section 5
Section 5
The functions of the Agency are as follows:
(a)
to formulate national policies, strategies and directions relating to innovation;
(b)
to organize, co-operate in and coordinate the performance of activities with the public and private sector to stimulate innovation in Malaysia;
10 Laws of Malaysia ACT 718
(c)
to conduct inquiries, survey and analysis of data, research and development relating to innovation and the national innovation eco-system;
(d)
to promote and facilitate investment activities and initiatives by the public and private sector in relation to innovation;
(e)
to further promote the culture of innovation in the public, private and education sectors in Malaysia;
(f)
to advise the Government in matters relating to innovation;
(g)
to make recommendations relating to the innovation component of existing or future strategic national projects;
(h)
to carry out any other functions as it deems fit to enable it to perform its functions effectively or which is incidental to the performance of its functions.
Powers of the Agency