Section 5
Functions of the Agency
of Agensi Inovasi Malaysia Act 2010
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.